Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Banks Doing SBA Loans in Hawaii

 

 
Loan Census SBA Loan Info

Honolulu, Hawaii Lender Lends Money to Business Service Centers Company

Want to talk with a Honolulu, Hawaii bank about an SBA loan? Here's one Hawaii business loan, issued by a Honolulu bank, that was approved by the SBA.

Applying for an SBA loan with First Hawaiian Bank worked out well for our friends at one local firm in Lahaina, Hawaii. The business was able to get an SBA loan for $23,300. Nice!

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICE CENTERS
LAHAINA, HI 96761

SBA Loan Lender

FIRST HAWAIIAN BANK
999 BISHOP ST, 29TH FL
HONOLULU, HI 96813

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

4/17/2001

Loan Approval Gross Amount

$23,300

Loan Approval from the SBA

Of the total $23,300 loan amount, the SBA guaranteed $11,650.

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 5 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 5 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

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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Find an SBA Lender in Honolulu, Hawaii

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