Honolulu, Hawaii Entrepreneur Gets an SBA Loan

HawaiiBusiness loans are available to Hawaii business owners through the SBA. In this case, a Hawaii bank provides the loan.

Getting a small business loan in Honolulu, Hawaii was a top priority for this SBA-financed company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First Hawaiian Bank. Here are the details on this Hawaii small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE PARTS WHOLESALERS
HONOLULU, HI 96819

SBA Loan Lender

FIRST HAWAIIAN BANK
999 BISHOP ST, 29TH FL
HONOLULU, HI 96813

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

421140 - Motor Vehicle Parts Wholesalers

Loan Approval Date

5/2/2003

Loan Approval Gross Amount

$38,700

Loan Approval from the SBA

Of the total $38,700 loan amount, the SBA guaranteed $32,895.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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Where to Get an SBA Loan in Honolulu, Hawaii

Getting a Business Loan in Hawaii