Ketchikan, Alaska Entrepreneur Gets an SBA Loan
Want an Alaska SBA loan? This Alaska entrepreneur got an SBA loan, provided by an Alaska bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Ketchikan, Alaska by studying this loan to a local business, made back in 2004. Banks like Alaska Pacific Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: SCENIC AND SIGHTSEEING TRANSPORTATION, LAND
KETCHIKAN, AK 99901
SBA Loan Lender
ALASKA PACIFIC BANK
2094 JORDAN AVE
JUNEAU, AK 99801
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
487110 - Scenic and Sightseeing Transportation, Land
Loan Approval Date
10/14/2004
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 16 employees. The SBA loan documents did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money
We can help you find the best banks for small businesses in Ketchikan or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
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