Alaska Frontier Fabrication LLC
Alaska Frontier Fabrication LLC, located in Palmer, Alaska, operates in iron and steel pipe and tube manufacturing from purchased steel. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,655,000, approved on January 30, 2024, through the lender First National Bank Alaska and the CDC Evergreen Business Capital.
SBA 504 loan, approved Jan 30, 2024
$1,655,000 SBA portionCDC: Evergreen Business Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,655,000
- Bank portion
- $2,015,457
- Estimated project size
- $4,078,286 (estimated)
- Estimated owner equity
- $407,829 (estimated, about 10% of the project)
- Bank lender
- First National Bank Alaska, Anchorage, AK
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 30, 2049 (estimated, approval date plus term)
- First disbursement
- Jun 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 331210, Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
- Project location
- Matanuska Susitna County, AK
- SBA district office
- Alaska District Office
- Congressional district
- AK-0
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Iron and Steel Pipe and Tube Manufacturing from Purchased Steel: $3,086,375.
- Average expansion loan in Alaska: $1,687,111.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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