SBA Loans for Electrical Contractors in Alaska: Top Lenders
NAICS 238NAICS 238 covers electrical contractors businesses in Alaska. Based on historical SBA 7(a) lending data.
Total Approvals
11
in Alaska
Median Loan Size
$250,000
per approval
Recent Activity
0
last 90 days through Jun 2024
NAICS 238 covers electrical contractors businesses. This is a smaller category in SBA 7(a) lending with 11 approvals on record and a median loan size of $250,000.
Key trends & insights
- Electrical Contractors in Alaska lending is concentrated — Northrim Bank, Newtek Small Business Finance, INC., Blue Ridge Bank, National Association together account for 73% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Northrim Bank leads this industry with 6 approvals (55% market share) and a median loan of $165,000.
- SBA data for this industry goes through 2024-06-21 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Electrical Contractors in Alaska
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 6 | $165,000 | |
| 2 | 1 | $55,000 | |
| 3 | 1 | $3,350,000 | |
| 4 | 1 | $390,000 | |
| 5 | 1 | $3,060,000 | |
| 6 | 1 | $150,000 |
Recent SBA 7(a) approvals for Electrical Contractors in Alaska
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-06 | First Internet Bank of Indiana | Pro*****ing | FAIRBANKS, AK | $150,000 |
| 2023-11 | Wells Fargo Bank National Association | NOR*****LLC | PALMER, AK | $15,000 |
| 2022-08 | Northrim Bank | K&B*****LLC | KETCHIKAN, AK | $45,000 |
| 2022-08 | Northrim Bank | Blu*****LLC | NORTH POLE, AK | $67,800 |
| 2022-08 | Northrim Bank | KAC*****INC | KENAI, AK | $80,000 |
| 2022-07 | First Bank of the Lake | For*****LLC | ANCHORAGE, AK | $3,060,000 |
| 2022-07 | Northrim Bank | Hea*****Inc | FAIRBANKS, AK | $450,000 |
| 2022-06 | Northrim Bank | Blu*****LLC | NORTH POLE, AK | $250,000 |
| 2021-08 | Blue Ridge Bank National Association | Ala*****LLC | ANCHORAGE, AK | $3,350,000 |
| 2021-08 | United Business Bank | C &*****LLC | ANCHORAGE, AK | $390,000 |
| 2021-08 | Newtek Small Business Finance, Inc. | Tin****mer | HOMER, AK | $55,000 |
| 2021-06 | Northrim Bank | Uni*****LLC | NORTH POLE, AK | $2,000,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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