Carpentry Contractors Small Business Loans
With these small business loans for carpentry contractors, the SBA guarantees the lender that the loan will be repaid. This carpentry contractors loan for $50,000 was given to a Hawaii entrepreneur in 2002.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hilo, Hawaii was able to borrow $50,000 from First Hawaiian Bank. The SBA made the loan possible by guaranteeing $25,000 of this Hawaii small business loan.
SBA Loan Borrower
COMPANY TYPE: CARPENTRY CONTRACTORS
HILO, HI 96720
SBA Loan Lender
FIRST HAWAIIAN BANK
999 BISHOP ST, 29TH FL
HONOLULU, HI 96813
This small business 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
235510 - Carpentry Contractors
Loan Approval Date
11/7/2002
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you want money for new small business in Hilo HI, you ought to talk with a local Hilo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hilo businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Hawaiian Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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