Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Good Banks for Lihue Entrepreneurs

 

 
Loan Census SBA Loan Info

Raising Money for Concrete Contractors

Looking for business loans for concrete contractors? Talk to a banker who works with the SBA. This $50,000 concrete contractors loan was issued by a Hawaii bank.

This small business knew how to go about getting a business bank loan. Based in Lihue, Hawaii, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was First Hawaiian Bank, based in Honolulu, Hawaii.

SBA Loan Borrower

COMPANY TYPE: CONCRETE CONTRACTORS
LIHUE, HI 96766

SBA Loan Lender

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

This lender processed this 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

235710 - Concrete Contractors

Loan Approval Date

6/14/2002

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 6 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Lihue HI, you ought to talk with a local Lihue SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lihue businesses.

We can help you find the best banks for small businesses in Lihue or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Understanding Dilution

Best Banks in Honolulu, Hawaii

Find an SBA Lender in Hawaii