First Hawaiian Bank SBA Loan to Amusement And Recreation Services Company
Searching for a Hawaii SBA loan? Here's one Hawaii business loan that was approved by the SBA.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kailua Kona, Hawaii was able to borrow $330,000 from First Hawaiian Bank. The SBA made the loan possible by guaranteeing $247,500 of this Hawaii small business loan.
SBA Loan Borrower
COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES
KAILUA KONA, HI 96740
SBA Loan Lender
FIRST HAWAIIAN BANK
74-5593 PALANI RD
KAILUA KONA, HI 96740
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.
SIC Code
7999 - Amusement and Recreation Services
Loan Approval Date
6/8/2000
Loan Approval Gross Amount
$330,000
Loan Approval from the SBA
Of the total $330,000 loan amount, the SBA guaranteed $247,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the SBA funding recipient 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?
Many small businesses receive loans backed by the U.S. Small Business Administration.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Hawaiian Bank and they will explain how you can get an SBA loan for your company.
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:
Equity Financing
Where to Get an SBA Loan in Kailua Kona, Hawaii
Hawaii SBA Bank Lenders