Honolulu, Hawaii Bank Gives SBA Loan to Computer Systems Design Services Company

Want to talk with a Honolulu, Hawaii bank about a 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 business in Guam Naval Supply Depot, . They received an SBA loan for $847,500. Way to go!

SBA Loan Borrower

COMPANY TYPE: COMPUTER SYSTEMS DESIGN SERVICES
GUAM NAVAL SUPPLY DEPOT, GU 96913

SBA Loan Lender

BANK OF HAWAII
130 MERCHANT ST
HONOLULU, HI 96813

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541512 - Computer Systems Design Services

Loan Approval Date

5/1/2007

Loan Approval Gross Amount

$847,500

Loan Approval from the SBA

Of the total $847,500 loan amount, the SBA guaranteed $635,625.

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 20 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 30 existing jobs.

Next Steps for Getting an SBA Loan

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

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of Hawaii so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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