Alaska Small Business Development Center

Alaska SSBCI October 2023 Impact Update

October 13, 2023

In just one month, loans guaranteed by Alaska’s State Small Business Credit Initiative (SSBCI) witnessed an extraordinary leap. From September to October, loan values soared from $8.5 million to an incredible $10.7 million, fueling the dreams of 21 innovative businesses across 14 communities.

We are immensely grateful for the unwavering support from our partners, First National Bank Alaska, Northrim Bank, Business Impact NW, and Cook Inlet Lending Center. Thank you for being a part of this transformative journey, empowering entrepreneurs and shaping the future of Alaska.

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