Founded in 1994, Palmer, Alaska-based TerraSond is a professional services firm that uses highly-trained surveyors, hydrographers, oceanographers, geophysicists, cartographers, information technologists, and professional mariners to map both underwater and terrestrial natural and manmade objects. These details are used in many industries to construct and maintain infrastructure such as wind turbines, pipelines, ports, and cables. TerraSond has over 100 employees with offices in Alaska, Houston and Corpus Christi, TX, and Seattle, WA. In addition, the company has representatives in Mexico, Europe, and Africa.
AGC Services Provided
Since 2016, Alaska Growth Capital has provided two SBA loans to TerraSond to refinance existing debt and provide working capital to support increasing revenues.
“Alaska Growth Capital’s first loan provided TerraSond the working capital to support its growth of 140 percent between 2016 and 2018, and set us up for more growth in 2019 and beyond. They have been very helpful and easy to work with.”