Loan Census Banking News and Information
November 24, 2024  
 
 
  Business Loan Information  
 

Kailua, Hawaii Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Landscaping Services Business Loans

Looking for business loans for landscaping services? Try the SBA. This $50,000 landscaping services loan was issued by a Hawaii bank.

This small business knew how to go about getting a business bank loan. Based in Kailua, Hawaii, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Bank Of Hawaii, based in Kailua, Hawaii.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
KAILUA, HI 96734

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.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

5/24/2002

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $50,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Understanding Dilution

Small Bank Loans in Kailua, Hawaii

Getting an SBA Loan in Hawaii