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December 22, 2024 |
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| Home > Small Business Lenders by State > Business Loan Sources > Honolulu, Business Loans > Bank Of Hawaii Honolulu Business Loans > Pharmacies And Drug Stores Loan | ||||
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Banks in Honolulu, Hawaii That Make SBA Loans
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Honolulu, Hawaii Lender Lends Money to Pharmacies And Drug Stores CompanyGet to know Honolulu, Hawaii banks that specialize in SBA loans and know how to work with entrepreneurs. Bank Of Hawaii is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Tamuning, starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Bank Of Hawaii. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: PHARMACIES AND DRUG STORES SBA Loan Lender BANK OF HAWAII The lender provided this debt financing 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 446110 - Pharmacies and Drug Stores Loan Approval Date 10/4/2004 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $40,000. 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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. 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: Small Bank Loans in Honolulu, Hawaii
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