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SBA lending by metro area

SBA lenders in Fairbanks, AK

Which lenders fund Fairbanks-area businesses, how much, and how the market compares with Alaska: SBA 7(a) and 504 loans, FY2010–2026.

By Mario Bailey · SBA FOIA data as of 2026-03-31

SBA loans
210
Total funded
$114.5M
Average loan
$545K
7(a) charge-off
5.9%

Top SBA lenders in the Fairbanks area

Ranked by SBA volume funded to businesses located in the Fairbanks metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.

# Lender Loans Total funded Average loan 7(a) charge-off
1 Evergreen Business Capital 24 $20.5M $855K not reported
2 Northrim Bank 45 $15.3M $339K 2.22%
3 First Internet Bank of Indiana 6 $13.4M $2.2M not reported
4 Alaska Growth Capital BIDCO, Inc. 12 $12.7M $1.1M not reported
5 Wells Fargo Bank National Association 55 $11.0M $199K 12.73%
6 Mt McKinley Bank 12 $6.1M $506K not reported
7 Enterprise Bank & Trust 5 $3.1M $622K not reported
8 KeyBank National Association 14 $2.9M $210K not reported

SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.

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How Fairbanks compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
Fairbanks area $214K ▼ 22.5% 11.4% ▼ 3.0 pts
Alaska$276K14.4%
United States$179K11.2%

What gets funded in Fairbanks

IndustryLoansTotal funded
Construction 31 $26.9M
Health Care and Social Assistance 37 $24.1M
Accommodation and Food Services 33 $19.0M
Retail Trade 32 $13.2M
Transportation and Warehousing 14 $10.4M
Administrative and Support 14 $7.4M
Other Services 16 $3.7M
Professional and Technical Services 6 $2.4M

SBA lending in Fairbanks by year

Geography, precisely

"Fairbanks area" here means the Fairbanks-College, AK metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Fairbanks North Star Borough, AK. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.