Business Assistance

Business Assistance Programs

Attention Business Owners Utilizing AIDEA’s Loan Participation Program:
Please approach your local bank to request a modification/moratorium. AIDEA is working with the local lenders to jointly restructure the loans that require it.

Attention Business Owners Currently Utilizing SBA 7(a), 504 or microloan programs:
The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic. This covers all principal, interest and fees on current and new SBA 7(a) loans made through September 27, 2020, for up to six months.

Business Emergency Funding Options

The Alaska Small Business Development Center is the key group to work with if you plan to access these funds. Contact the AKSBDC today to help get started.

  • Economic Injury Disaster Loan Advance:

With the EIDL Loan, you can request a loan advancement. This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties that does not have to be repaid.


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    • B2B Assistance Forum
      It's easy to forget that you are not alone, and to think you are the only one going through this economic hardship when the reality is that almost every business is Skagway is trying to figure out how to deal with the impacts of the COVID-19 pandemic. This open forum has been established to be a source for business owners in Skagway to assist other business owners in Skagway. This can be done by providing links to resources you found helpful or advice you may have from your experience dealing with such things as: talking to your mortgage broker, changing your companies insurance or filling out the SBA loan application. All comments must be constructive and/ or positive. Negative anything will be deleted.
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    • 1 month, 1 week ago


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