Convenience Stores Small Business Loans

Looking for small business loans for convenience stores? Talk to a banker who works with the SBA. This $25,000 convenience stores loan was issued by a Hawaii bank.

This small firm knew how to go about getting a business bank loan. Based in Koror, , they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Bank Of Hawaii, based in Honolulu, Hawaii.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
KOROR, PW 96940

SBA Loan Lender

BANK OF HAWAII
130 MERCHANT ST
HONOLULU, HI 96813

The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

445120 - Convenience Stores

Loan Approval Date

12/6/2004

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

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

If you need money to start business in Koror PW, you ought to talk with a local Koror SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Koror businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $25,000 loan. Remember, if it to be, it is up to me!

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

Banks in Honolulu, Hawaii

SBA Hawaii Lenders