First Hawaiian Bank SBA Loan to Motor Vehicle Parts, Used Company
Looking to get a Hawaii business 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 Kaneohe (census Name For Mokap, Hawaii was able to borrow $25,000 from First Hawaiian Bank. The SBA made the loan possible by guaranteeing $20,000 of this Hawaii small business loan.
SBA Loan Borrower
COMPANY TYPE: MOTOR VEHICLE PARTS, USED
KANEOHE (CENSUS NAME FOR MOKAP, HI 96744
SBA Loan Lender
FIRST HAWAIIAN BANK
46-047 KAMEHAMEHA HWY
KANEOHE, HI 96744
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5015 - Motor Vehicle Parts, Used
Loan Approval Date
1/21/2000
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $20,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Hawaiian Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Famous Venture Capitalists
Best Kaneohe, Hawaii Banks for Small Business
Hawaii SBA 7A Banks