Alaska Small Business Development Center

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Small Business FAQs

…them. For instance, if someone from Wasilla goes online to buy from your website, you will not need to collect taxes for Wasilla. However, if you are in Wasilla, you will need to collect taxes for Wasilla and the borough. Also if you go to Wasilla you would need to register for local licensure. If y…

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…

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 codes that come up…

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 of July 15, 2…

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 that come up, as some…

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…

Bringing a Brick and Mortar Business Online – On Demand

Is QuickBooks Online The Right Accounting Tool For Your Business? – On Demand

Introduction to QuickBooks Online

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 a copy of…

‘Buy Alaska’ makes the case for local resiliency, growth (KCAW)

…an-owned businesses is available here! And of course, learn more about BuyAlaska at www.buyalaska.com…

Contact Us

…aretta Seward Business Advisor email | message Mat-Su Center (907) 373-7232 info@aksbdc.org message this office 201 N. Lucille St. Suite 2A Wasilla, AK 99654-7010 Located in the Wasilla KeyBank building Julie Nolen Matanuska-Susitna Center Director and Associate State Director email | message Trisha…

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…

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…

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…

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…

Alaska SBDC COVID-19 Update: Preparing for the SBA Economic Injury Disaster Loan (EIDL)

…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 confusion: SBA Form 5: When you begin the a…