Business Loans for Sporting and Recreational Goods and Supplies Wholesalers
Looking for business loans for sporting and recreational goods and supplies wholesalers? Talk to a banker who works with the SBA. This $200,000 sporting and recreational goods and supplies wholesalers loan was issued by a Hawaii bank.
This small business knew how to go about getting a business bank loan. Based in Pearl City, Hawaii, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was American Savings Bank, Fsb, based in Honolulu, Hawaii.
SBA Loan Borrower
COMPANY TYPE: SPORTING AND RECREATIONAL GOODS AND SUPPLIES WHOLESALERS
PEARL CITY, HI 96782
SBA Loan Lender
AMERICAN SAVINGS BANK, FSB
915 FORT STREET MALL, FINANCI
HONOLULU, HI 96813
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
421910 - Sporting and Recreational Goods and Supplies Wholesalers
Loan Approval Date
8/9/2006
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
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 10 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 10 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from American Savings Bank, Fsb so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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Small Business Banks in Honolulu, Hawaii
Find an SBA Lender in Hawaii