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SBA lenders in Fairbanks, AK

SBA 7(a) and 504 loans to businesses in Fairbanks (Fairbanks North Star County), October 2021 to June 30, 2026 · Updated October 15, 2026
50
SBA loans approved
$36.6M
Total approved
$313,000
Median loan
13
Lenders active
32%
To startups

50 SBA loans worth $36.6M went to businesses in Fairbanks, AK between October 2021 and June 2026, from 13 lenders. Northrim Bank made the most, 14 loans. The median loan was $313,000, compared with $380,000 across Alaska, and construction was the most financed industry.

Most active SBA lenders in Fairbanks

#LenderLoansApprovedMedian loanTo startups
1Northrim Bank
Bank · Anchorage, AK
14$5.0M$206,55050%
2Evergreen Business Capital
Certified development company · Seattle, WA
9$4.6M$338,0000%
3First Internet Bank of Indiana
Bank · Fishers, IN
6$13.4M$1,839,50083%
4Newtek Bank
Bank · Miami, FL
4$730K$190,0000%
5Live Oak Banking
Bank · Wilmington, NC
3$7.4M$2,580,0000%
6Mt McKinley Bank
Bank · Fairbanks, AK
3$446K$85,00067%
7Alaska Growth Capital BIDCO
Non-bank lender · Anchorage, AK
2$2.1M$1,050,0000%
8Harborstone CU
Credit union · Lakewood, WA
2$1.8M$895,000100%
9Northeast Bank
Bank · Portland, ME
2$481K$240,3000%
10BayFirst National Bank
Bank · St. Petersburg, FL
2$300K$150,0000%
11CenTrust Bank, A Division of SmartBiz Bank
Bank · Northbrook, IL
1$200K$200,0000%
12Global Federal Credit Union
Credit union · Anchorage, AK
1$182K$182,0000%
13U.S. Bank
Bank · Cincinnati, OH
1$50K$50,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Fairbanks. For 504 loans the lender shown is the certified development company.

What gets financed in Fairbanks

IndustryLoansShareMedian loanMost active lender
Construction11
22%
$250,000First Internet Bank of Indiana
Retail10
20%
$337,000Evergreen Business Capital
Health care and social assistance5
10%
$970,000Harborstone CU
Administrative and support services5
10%
$163,400Northrim Bank
Restaurants and hotels5
10%
$85,000Mt McKinley Bank
Arts, entertainment and recreation4
8%
$190,000Newtek Bank
Other services (repair, personal care)4
8%
$291,500Northeast Bank
Transportation and warehousing2
4%
$280,350Mt McKinley Bank
Loan size mix
  • Under $150,00022%
  • $150,000 to $500,00048%
  • $500,000 to $2 million20%
  • $2 million and up10%
Compared with Alaska
Median loan, Fairbanks
$313,000
Median loan, Alaska
$380,000
Startup share, Fairbanks
32%
Startup share, Alaska
33%
Share of state's SBA loans
8.5%

SBA loans per fiscal year in Fairbanks

071320FY14: 9 loansFY14FY15: 12 loansFY15FY16: 6 loansFY16FY17: 4 loansFY17FY18: 10 loansFY18FY19: 5 loansFY19FY20: 9 loansFY20FY21: 15 loansFY2115FY22: 11 loansFY22FY23: 13 loansFY23FY24: 13 loansFY24FY25: 9 loansFY25FY26 (Oct to Jun): 4 loansFY264
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.