This month, the loan program provided $20,493,347 in funding to 31 businesses through 33 loans! Notably, the program expanded its support for Socially and Economically Disadvantaged Individual (SEDI) businesses by financing 27 ventures with a total loan amount of $12,278,597. This development highlights the Alaska SSBCI and partner lending institution’s shared commitment to empowering small enterprises and fostering economic growth. It’s an exciting way to wrap up 2023!
