Alaska Growth Capital (AGC) BIDCO, Inc. was selected as the Alaska Small Business Administration’s (SBA) Community Lender of the Year for 2014. This award recognizes Alaska Growth Capital’s commitment to providing financial assistance to businesses located in Alaska during the federal fiscal year. Any type of financial institution, located anywhere in the United States, may be considered for this award.
“It is a pleasure to be recognized as the Community Lender of the Year. AGC appreciates that such an award is not possible without its key strategic partners, SBA, our valued customers, and of course our employees. We recognize that prudently deploying capital where and when businesses need it, is critical for creating jobs and to grow our local and state economies. AGC strives to meet the high-level of demand for our services, especially those in underserved, remote and low income areas, and sees 2015 as providing even more opportunity, “said Alaska Growth Capitol CEO Chris McGee.
Alaska Growth Capital approved 28 loans during the fiscal year ending September 30, 2014, totaling $28,416,400.00.