Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers Commercial Loans
Looking for commercial loans for lumber, plywood, millwork, and wood panel merchant wholesalers? Talk to a banker who works with the SBA. This $100,000 lumber, plywood, millwork, and wood panel merchant wholesalers loan was issued by a Hawaii bank.
This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Bank Of Hawaii, out of Honolulu, Hawaii. The loan was granted and they received $100,000 to help grow their Harmon, business.
SBA Loan Borrower
COMPANY TYPE: LUMBER, PLYWOOD, MILLWORK, AND WOOD PANEL MERCHANT WHOLESALERS
HARMON, GU 96913
SBA Loan Lender
BANK OF HAWAII
130 MERCHANT ST
HONOLULU, HI 96813
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
423310 - Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
Loan Approval Date
9/22/2006
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bank Of Hawaii had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bank Of Hawaii made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Obtaining Funding - Getting Venture Capital
Who Lends Money to Small Businesses in Honolulu, Hawaii
Find an SBA Lender in Hawaii