Central Pacific Bank SBA Loan to Apparel And Accessory Stores Company
Want a Hawaii small business loan? Here's one Hawaii business loan that was approved by the SBA.
This up and coming company knew how to go about getting a business bank loan. Based in Honolulu, Hawaii, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Central Pacific Bank, based in Honolulu, Hawaii.
SBA Loan Borrower
COMPANY TYPE: APPAREL AND ACCESSORY STORES
HONOLULU, HI 96817
SBA Loan Lender
CENTRAL PACIFIC BANK
220 S KING ST
HONOLULU, HI 96813
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5699 - Apparel and Accessory Stores
Loan Approval Date
5/30/2000
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $112,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Honolulu or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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 - How to Borrow Money
SBA Participating Banks in Honolulu, Hawaii
Getting an SBA Loan in Hawaii