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December 22, 2024 |
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| Home > Small Business Lenders by State > Hawaii Business Loan Sources > Honolulu, Business Loans > First Hawaiian Bank Honolulu Business Loans > Wrecking And Demolition Contractors Loan | ||||
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Hawaii Small Business Funding
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Financing for Wrecking and Demolition ContractorsLooking for loans for wrecking and demolition contractors? Try the SBA. This $150,000 wrecking and demolition contractors loan was issued by a Hawaii bank. This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with First Hawaiian Bank, out of Honolulu, Hawaii. The loan was granted and they received $150,000 to help grow their Kaneohe (census Name For Mokap, Hawaii business. SBA Loan Borrower COMPANY TYPE: WRECKING AND DEMOLITION CONTRACTORS SBA Loan Lender FIRST HAWAIIAN BANK This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 235940 - Wrecking and Demolition Contractors Loan Approval Date 11/16/2001 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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:
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