Bayview General Merchandise (BGM) is a retail store operating in the village of Toksook Bay, on southwestern Alaska’s Nelson Island, and is only accessible by air or sea. The average temperature in the winter there is 1 to -10 degrees Celsius.
BGM provides groceries, appliances, hardware, hunting and fishing gear, and Honda parts.
Date of Commitment: 2015
Type of Service: Loan Guarantee
Lender: First National Bank
Borrower: Bayview General Merchandise Inc.
Project: Building construction of Bayview General Merchandise Inc.
Financing Amount: $100,000
Location: Toksook Bay, Alaska
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