Honolulu, Hawaii Bank Gives SBA Loan to Health Practitioners Company
Thinking about meeting with a Honolulu, Hawaii bank about an SBA loan? Here's one Hawaii business loan, issued by a Honolulu bank, that was approved by the SBA.
Applying for an SBA loan with American Savings Bank, Fsb worked out well for our friends at one local firm in Honolulu, Hawaii. The business was able to get an SBA loan for $90,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: HEALTH PRACTITIONERS
HONOLULU, HI 96814
SBA Loan Lender
AMERICAN SAVINGS BANK, FSB
915 FORT STREET MALL, FINANCI
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.
NAICS Code
621399 - Health Practitioners
Loan Approval Date
4/1/2004
Loan Approval Gross Amount
$90,000
Loan Approval from the SBA
Of the total $90,000 loan amount, the SBA guaranteed $76,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
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:
Realistic Debt Financing Options
Banks in Honolulu, Hawaii
Getting an SBA Loan in Hawaii