Business Service Centers Commercial Loans
With these commercial loans for business service centers, the SBA guarantees the lender that the loan will be repaid. This business service centers loan for $15,000 was given to a Hawaii entrepreneur in 2007.
Getting a small business loan in Kailua Kona, Hawaii was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Hawaii Community Fcu, operating out of Kailua Kona, Hawaii. Here are the details on this Hawaii small business loan.
SBA Loan Borrower
COMPANY TYPE: BUSINESS SERVICE CENTERS
KAILUA KONA, HI 96740
SBA Loan Lender
HAWAII COMMUNITY FCU
73-5611 OLOWALU ST
KAILUA KONA, HI 96740
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
561439 - Business Service Centers
Loan Approval Date
8/6/2007
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in Kailua Kona 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:
Understanding Dilution
Where to Get an SBA Loan in Kailua Kona, Hawaii
SBA Hawaii Lenders