Honolulu, Hawaii Bank Gives SBA Loan to Limited-Service Restaurants Company

Find Honolulu, Hawaii banks that specialize in small business loans and know how to work with entrepreneurs. American Savings Bank, Fsb is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Kailua, Hawaii starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from American Savings Bank, Fsb. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: LIMITED-SERVICE RESTAURANTS
KAILUA, HI 96734

SBA Loan Lender

AMERICAN SAVINGS BANK, FSB
915 FORT STREET MALL, FINANCI
HONOLULU, HI 96813

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/25/2005

Loan Approval Gross Amount

$325,000

Loan Approval from the SBA

Of the total $325,000 loan amount, the SBA guaranteed $243,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you want money for new small business in Kailua HI, you ought to talk with a local Kailua SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kailua businesses.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from American Savings Bank, Fsb so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Debt Financing

Where to Get an SBA Loan in Honolulu, Hawaii

Hawaii SBA 7A Lenders