Financing for Testing Laboratories

Looking for loans for testing laboratories? Talk to a banker who works with the SBA. This $140,000 testing laboratories loan was issued by a Hawaii bank.

This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Central Pacific Bank, out of Honolulu, Hawaii. The loan was granted and they received $140,000 to help grow their Honolulu, Hawaii business.

SBA Loan Borrower

COMPANY TYPE: TESTING LABORATORIES
HONOLULU, HI 96819

SBA Loan Lender

CENTRAL PACIFIC BANK
220 S KING ST
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

541380 - Testing Laboratories

Loan Approval Date

5/6/2002

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

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 2 employees. The SBA loan documents did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? 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.

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