Engineering Services Business Loans

Looking for business loans for engineering services? Talk to a banker who works with the SBA. This $100,000 engineering services loan was issued by a Hawaii bank.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Hawaii National Bank, out of Honolulu, Hawaii. The loan was granted and they received $100,000 to help grow their Honolulu, Hawaii business.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
HONOLULU, HI 96814

SBA Loan Lender

HAWAII NATIONAL BANK
45 N KING ST
HONOLULU, HI 96817

The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

8711 - Engineering Services

NAICS Code

541330 - Engineering Services

Loan Approval Date

5/18/2000

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 an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The loan application indicated that the loan would help retain 8 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Honolulu HI, you ought to talk with a local Honolulu SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Honolulu businesses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Hawaii National Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

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