 |
 |
November 15, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Business Loan Sources > Honolulu, Business Loans > Bank Of Hawaii Honolulu Business Loans > Landscaping Services Loan | ||||
 |
||||
Honolulu, Hawaii SBA Lenders
|
||||
 |
Entrepreneur Works With Honolulu, Hawaii Bank to Get an SBA LoanWant to talk with a Honolulu, Hawaii bank about a small business loan? Here's one business loan, issued by a Honolulu bank, that was approved by the SBA. Applying for an SBA loan with Bank Of Hawaii worked out well for our friends at one local company in Barrigada, . They got an SBA loan for $48,000. Nice! SBA Loan Borrower COMPANY TYPE: LANDSCAPING SERVICES SBA Loan Lender BANK OF HAWAII This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 561730 - Landscaping Services Loan Approval Date 6/26/2006 Loan Approval Gross Amount $48,000 Loan Approval from the SBA Of the total $48,000 loan amount, the SBA guaranteed $24,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 7 existing jobs. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Determining Proper Capital Structure for a Business Find an SBA Lender in Honolulu, Hawaii
|
|
||
|
||||
|
|
||||