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December 21, 2024 |
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| Home > Small Business Lenders by State > Hawaii Business Loan Sources > Aiea, Business Loans > Bank Of Hawaii Aiea Business Loans > Nondurable Goods Loan | ||||
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Aiea, Hawaii Bank for SBA Loans
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Aiea, Hawaii Bank Gives SBA Loan to Nondurable Goods CompanyAn Aiea, Hawaii small business loan can be yours. Learn how a business got a $200,000 business loan from this Hawaii bank. This loan to a local firm is a good example of an SBA loan. Bank Of Hawaii made the loan and the SBA guaranteed a portion of the loan. Many other Hawaii entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: NONDURABLE GOODS SBA Loan Lender BANK OF HAWAII The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide 7A business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5199 - Nondurable Goods NAICS Code 421990 - Durable Goods Wholesalers Loan Approval Date 11/28/2000 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. 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 6 employees. This SBA loan request did not indicate that the small business promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of Hawaii and they will explain how you can get an SBA loan for your company. 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: Accountant's Role in Securing Financing
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