Northern Light Adult Day Services, LLC
Northern Light Adult Day Services, LLC is an Anchorage, Alaska business in the Services for the Elderly and Persons with Disabilities industry (NAICS 624120). It financed real estate or equipment through an SBA 504 loan of $4,326,000 from Evergreen Business Capital, with First National Bank Alaska as the partner bank, and the loan was approved on March 17, 2026.
SBA 504 loan, approved Mar 17, 2026
$4,326,000 SBA portionCDC: Evergreen Business Capital25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $4,326,000
- Bank portion
- $6,063,155
- Estimated project size
- $11,543,506 (estimated)
- Estimated owner equity
- $1,154,351 (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
- March 17, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 624120, Services for the Elderly and Persons with Disabilities
- Project location
- Anchorage County, AK
- SBA district office
- Alaska District Office
- Congressional district
- AK-0
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Average expansion loan in Services for the Elderly and Persons with Disabilities: $2,159,250.
- 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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