Loan Census Banking News and Information
November 15, 2024  
 
 
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Honolulu, Hawaii SBA 7A Banks

 

 
Loan Census SBA Loan Info

Honolulu, Hawaii Bank Gives SBA Loan to Florists 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 Bank Of Hawaii worked out well for our friends at one local firm in Lahaina, Hawaii. They received an SBA loan for $35,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: FLORISTS
LAHAINA, HI 96761

SBA Loan Lender

BANK OF HAWAII
130 MERCHANT ST
HONOLULU, HI 96813

This small business loan 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

453110 - Florists

Loan Approval Date

1/19/2007

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

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 application for the borrower indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of Hawaii and they will explain how you can get an SBA loan for your company.

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:

Realistic Debt Financing Options

Small Business Banks in Honolulu, Hawaii

Getting a Business Loan in Hawaii