Alaska SBA 7(a) Lender Rankings for FY 2023

RANKLender# Loans$ AmountAverage Loan Size
1Alaska Growth Capital BIDCO, Inc. (AK)15$15,304,100$1,020,273
2Northrim Bank (AK)14$11,321,000$808,643
3Readycap Lending, LLC (NJ)2$5,591,000$2,795,500
4KeyBank National Association (OH)12$5,244,700$437,058
5Newtek Small Business Finance, Inc. (NY)7$4,808,000$686,857
6Live Oak Banking Company (NC)4$4,610,000$1,152,500
7Stearns Bank National Association (MN)1$3,200,000$3,200,000
8Enterprise Bank & Trust (MO)1$2,319,500$2,319,500
9Bank of Hope (CA)1$2,303,000$2,303,000
10Denali State Bank (AK)1$2,100,000$2,100,000
11Bank Five Nine (WI)1$1,906,300$1,906,300
12First National Bank Alaska (AK)3$1,805,800$601,933
13Mountain Pacific Bank (WA)1$1,793,300$1,793,300
14SaviBank (WA)2$1,790,000$895,000
15Legacy Bank (CA)1$1,764,500$1,764,500
16Newtek Bank, National Association (FL)2$1,683,000$841,500
17Wells Fargo Bank, National Association (SD)16$1,294,900$80,931
18BayFirst National Bank (FL)8$1,160,000$145,000
19Veritex Community Bank (TX)1$960,500$960,500
20BankVista (MN)1$604,000$604,000
21Cadence Bank (MS)2$550,000$275,000
22American Momentum Bank (TX)1$408,000$408,000
23Native American Bank, National Association (CO)3$326,500$108,833
24Five Star Bank (CA)1$225,000$225,000
25JPMorgan Chase Bank, National Association (OH)1$200,000$200,000
26Northeast Bank (ME)3$102,400$34,133
27Mt. McKinley Bank (AK)1$85,000$85,000
28Blue Ridge Bank, National Association (VA)1$50,000$50,000