Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in Kailua, Hawaii and We Got One!

 

 
Loan Census SBA Loan Info

Raising Money for Podiatrists

Looking for business loans for podiatrists? An SBA loan may be just what you've been looking for. This $50,000 podiatrists loan was issued by a Hawaii bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Central Pacific Bank, out of Kaneohe, Hawaii. The loan was granted and they received $50,000 to help grow their Kailua, Hawaii business.

SBA Loan Borrower

COMPANY TYPE: PODIATRISTS
KAILUA, HI 96734

SBA Loan Lender

CENTRAL PACIFIC BANK
45-1151 KAMEHAMEHA HWY
KANEOHE, HI 96744

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621391 - Podiatrists

Loan Approval Date

8/9/2002

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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

We can help you find the best banks for small businesses in Kailua or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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

Best Banks for Small Business in Kaneohe, Hawaii

SBA Hawaii Banks