 |
 |
November 15, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Hawaii Business Loan Sources > Honolulu, Business Loans > American Savings Bank, Fsb Honolulu Business Loans > Women's And Children's Clothing Loan | ||||
 |
||||
What Does It Take to Get a Business Loan in Hilo, Hawaii?
|
||||
 |
Where to Get Capital for Women's Clothing StoresLooking for small business loans for women's clothing stores? Try the SBA. This $40,000 women's clothing stores loan was issued by a Hawaii bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hilo, Hawaii was able to borrow $40,000 from American Savings Bank, Fsb. The SBA made the loan possible by guaranteeing $32,000 of this Hawaii small business loan. SBA Loan Borrower COMPANY TYPE: WOMEN'S AND CHILDREN'S CLOTHING SBA Loan Lender AMERICAN SAVINGS BANK, FSB This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with borrowing money. The low-doc program involves 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. SIC Code 5137 - Women's and Children's Clothing NAICS Code 448120 - Women's Clothing Stores Loan Approval Date 10/5/2000 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $32,000. 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. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $40,000 loan. Remember, things become real when you believe you can achieve them! 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: Raising VC Money for Social Networking Companies Who Lends Money to Small Businesses in Honolulu, Hawaii Where to Get an SBA Loan Hawaii
|
|
||
|
||||
|
|
||||