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November 15, 2024  
 
 
  Business Loan Information  
 

We Needed a Commercial Loan in Honomu, Hawaii and We Got One!

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Accounting Services

Looking for small business loans for accounting services? An SBA loan may be just what you've been looking for. This $40,000 accounting services loan was issued by a Hawaii bank.

This company knew how to go about getting a business bank loan. Based in Honomu, Hawaii, they applied for and were awarded an SBA-guaranteed loan in 2008. The lending bank was Central Pacific Bank, based in Honolulu, Hawaii.

SBA Loan Borrower

COMPANY TYPE: ACCOUNTING SERVICES
HONOMU, HI 96728

SBA Loan Lender

CENTRAL PACIFIC BANK
220 S KING ST
HONOLULU, HI 96813

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541219 - Accounting Services

Loan Approval Date

1/11/2008

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Small Business Loan

Find an SBA Lender in Honolulu, Hawaii

SBA Lenders in Hawaii