Ewa Beach, Hawaii Business Gets SBA-Guaranteed Funding from Central Pacific Bank
An SBA loan from Central Pacific Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Ewa Beach, Hawaii business owner got a $150,000 loan.
Getting a small business loan in Ewa Beach, Hawaii was an essential business goal for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Central Pacific Bank, operating out of Honolulu, Hawaii. Here are the details on this Hawaii small business loan.
SBA Loan Borrower
COMPANY TYPE: STORE RETAILERS
EWA BEACH, HI 96706
SBA Loan Lender
CENTRAL PACIFIC BANK
220 S KING ST
HONOLULU, HI 96813
This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453998 - Store Retailers
Loan Approval Date
11/6/2002
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 3 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Central Pacific Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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.
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