Business Loans for Refrigeration Equipment and Supplies Merchant Wholesalers

With these business loans for refrigeration equipment and supplies merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This refrigeration equipment and supplies merchant wholesalers loan for $320,000 was given to a Hawaii entrepreneur in 2004.

Getting a small business loan in Aiea, Hawaii was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from American Savings Bank, Fsb, operating out of Honolulu, Hawaii. Here are the details on this Hawaii small business loan.

SBA Loan Borrower

COMPANY TYPE: REFRIGERATION EQUIPMENT AND SUPPLIES MERCHANT WHOLESALERS
AIEA, HI 96701

SBA Loan Lender

AMERICAN SAVINGS BANK, FSB
1001 BISHOP ST, STE 100
HONOLULU, HI 96813

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423740 - Refrigeration Equipment and Supplies Merchant Wholesalers

Loan Approval Date

5/7/2004

Loan Approval Gross Amount

$320,000

Loan Approval from the SBA

Of the total $320,000 loan amount, the SBA guaranteed $240,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 9 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Attracting Investors

Best Honolulu, Hawaii Banks for Small Business

SBA Lenders in Hawaii