Alaska Small Business Development Center
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More than $113 Million in PPP Loans Approved by SBA in Alaska
...serve underserved communities – including minority-, women- and veteran-owned small businesses – the SBA has provided dedicated access to community financial institutions (CFIs) that specialize in serving these communities. At least $15 billion is set aside for PPP lending by CFIs which include Commu...
Empowering Small Businesses: Alaska SBDC’s Guide to Robust Web Integration
...safeguard their reputation. Protect Yourself from Online Scams – No-cost Basics of Cybersecurity Phishing Training – No-cost Secure Technology Strategy for Small Businesses Enhancing Online Distribution and Delivery Services The Alaska SBDC understands the importance of efficient online distribution...
Choosing a NAICS Code for Your Small Business
...license. How do I find my LOB/LOW? Go to https://www.census.gov/eos/www/naics/. This link will direct you to the US Census Bureau’s NAICS search engine. Enter the type of business you are doing and choose from the list that comes up. You will want to look through the list of NAICS
SBA Administrator Announces Closure of Restaurant Revitalization Fund (RRF) Program
...tely $18 billion in grant awards including : Women-Owned businesses ~ $7.5 billion Veteran-Owned businesses ~ $1 billion Social and economically disadvantaged-Owned businesses ~ $6.7 billion Businesses Owned by Representatives of Multiple Underserved Populations ~ $2.8 billion The remainder of the $2...
Nearly $30 Billion in PPP, EIDL Funds Approved for Pacific Northwest Small Businesses, Nonprofits
...on for small businesses and nonprofits impacted by the Coronavirus pandemic. In just three months, the SBA approved and disbursed nearly twice as many EIDL loans for COVID-19 than it has for all other disasters in the combined 67-year history of the agency. EIDL and EIDL Advance Data as
Choosing A NAICS code
...n. First thing I recommend is to go here: https://www.census.gov/eos/www/naics/ . This link will direct you to the US Census Bureau’s NAICS search engine. Here you can simply enter what you are doing and choose from what comes up. You will want to look through the list of codes
Alaska SBDC COVID-19 Update: Economic Injury Disaster Loan is Open for Alaska
...and balance sheet for that tax year A current year-to-date profit-and-loss statement Additional Filing Requirements (SBA Form 1368) providing monthly sales figures We have been alerted of a few items in the application process that have been known to create some confusion: SBA Form 5: When you begin...
Lenders Approved for SSBCI Loan Guarantee Program
...a difficult time securing it and will provide much-needed financial support for small businesses across the state. The SSBCI Loan Guarantee program will offer loan guarantees to lenders who make loans to small businesses, making it easier for small businesses to access the capital they need to surviv...
Is your goal to buy or sell a business?
...eller. This allows the seller to turn over to the buyers all financial documents in a confidential manner Obtain 3-5 years of financials from the seller This might include business tax returns and the ending balance sheet for each year, Profit & Loss Statement (P&L), Cash Flow Statement and
New Online Portal for Filing Form 1099
...Form 1099 series information returns using a new online portal, available free from the IRS. Known as the Information Returns Intake System (IRIS), this free electronic filing service is secure, accurate and requires no special software. Though available to any business of any size, IRIS may be espe...
Contact Us
...iness Advisor email | message Fairbanks Center 907-456-7232 info@aksbdc.org message this office 330 Wendell Ave, Suite C Fairbanks, Alaska 99701 Jade Greene, MBA, PHR, SHRM-CP Fairbanks Center Director email | message We’re Hiring! Fairbanks Business Advisor email | message Juneau Center (907) 463-37...
SBA Alaska District Recognizes Local Lenders as Part of Annual National Small Business Week
...iscal year. The SBA 504 Loan Program provides long-term, fixed-rate, subordinate mortgage financing for acquiring or renovating capital assets including land, buildings and equipment. First National Bank Alaska approved five SBA 504 loans totaling nearly $2.3 million during FY 2019. Community Develop...
SBA Launches New, Free Online Digital Learning Platform
...nza, today announced the launch of Ascent, a first-of-its-kind, free digital e-learning platform geared to help women entrepreneurs grow and expand their businesses. Ascent has valuable content such as tips on preparing and recovering from disasters, strategic marketing, and business financial strate...
FAQs About the Alaska SBDC
...nstitute (BEI). SBDCs are nationwide and offer one-on-one, no-cost confidential counseling, low-cost workshops, and reference libraries. SBDCs are part of the nation-wide Association of Small Business Development Centers (ASBDC), which works on behalf of the SBDCs nationwide to support small business...
Are you ready to file your business income tax return?
...ng: http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Recordkeeping Publication 509 (2015), Tax Calendar: http://www.irs.gov/publications/p509/ar02.html Publication 583 (01/2015), Starting a Business and Keeping Records: http://www.irs.gov/publications/p583/index.html Business Taxes: htt...
The SBA Funds 16,000 Restaurant Revitalization Fund Awards
...application process, and by partnering with point-of-sale (POS) vendors to provide seamless ways to apply to the Restaurant Revitalization Fund. Following the 21-day priority period, all eligible applications will be funded in the order in which they have been received. While the SBA will continue a...
Alaska SBDC COVID-19 Update: Upcoming SBA Disaster Relief Loans
...and balance sheet for that tax year A current year-to-date profit-and-loss statement Additional Filing Requirements (SBA Form 1368) providing monthly sales figures The Alaska SBDC can assist you with preparing for the loan application, your financials, profit and loss documents, cash flow modeling s...