Loan to Buy Fantastic Sam's Franchise Issued By Bank Of Hawaii

Borrowing money to buy a Fantastic Sam's franchise? Bank Of Hawaii has a history of making these loans and they are guaranteed by the SBA.

Fantastic Sam's franchise loans are available to Honolulu, Hawaii entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of Hawaii, based in Honolulu, Hawaii, issued an SBA franchise loan for a Fantastic Sam's franchise in 2002. We've got all the details on this Hawaii small business loan.

SBA Loan Borrower

FANTASTIC SAMS PEARL HIGHLANDS
HONOLULU, HI 96782

SBA Loan Lender

BANK OF HAWAII
130 MERCHANT ST
HONOLULU, HI 96813

The lender provided this 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.

NAICS Code

812112 - Beauty Salons

Loan Approval Date

6/14/2002

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $40,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Fantastic Sam's franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the borrowed money would help generate 12 new jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This SBA loan was for $80,000. How would you spend $80,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Fantastic Sams

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SBA 7A Banks for Honolulu, Hawaii Loans

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