PUBLISHED: 5:40 PM on Wednesday, May 14, 2008
Alaska Pacific Bank, a local community bank headquartered in Juneau that serves all of Southeast Alaska, with 20 SBA loan approvals, was selected as the Alaska SBA Community Based Lender of the Year for 2007. This award recognizes the Alaska-based SBA lender that achieves the highest volume of SBA loan approvals to businesses located in Alaska during the federal fiscal year, and demonstrates its ongoing commitment to the small business community through support of SBA programs and services. Any type of financial institution that has its headquarters in the state of Alaska and primarily serves the Alaskan market may be considered for this award.
"I am very pleased that Alaska Pacific Bank has been recognized by the SBA for utilizing its small business loan programs," said Alaska Pacific Bank President and CEO Craig E. Dahl. "The SBA offers many financing options that clearly support our mission of serving the needs of business customers throughout Southeast Alaska."