Kailua, Hawaii Bank Gives SBA Loan to Wine And Distilled Alcoholic Beverages Company
Find Kailua, Hawaii banks that specialize in business loans and know how to work with entrepreneurs. Bank Of Hawaii is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Honolulu, Hawaii starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Bank Of Hawaii. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: WINE AND DISTILLED ALCOHOLIC BEVERAGES
HONOLULU, HI 96819
SBA Loan Lender
BANK OF HAWAII
636 KAILUA RD
KAILUA, HI 96734
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.
SIC Code
5182 - Wine and Distilled Alcoholic Beverages
NAICS Code
422820 - Wine and Distilled Alcoholic Beverage Wholesalers
Loan Approval Date
12/15/2000
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $112,500.
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 2 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Obtaining Funding - Getting Venture Capital
SBA 7A Lenders in Kailua, Hawaii
Getting an SBA Loan in Hawaii