Borrowing Money for Caterers
Looking for loans for caterers? An SBA loan may be just what you've been looking for. This $235,000 caterers loan was issued by a Hawaii bank.
This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with American Savings Bank, Fsb, out of Honolulu, Hawaii. The loan was granted and they received $235,000 to help grow their Wailuku, Hawaii business.
SBA Loan Borrower
COMPANY TYPE: CATERERS
WAILUKU, HI 96793
SBA Loan Lender
AMERICAN SAVINGS BANK, FSB
915 FORT STREET MALL, FINANCI
HONOLULU, HI 96813
This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722320 - Caterers
Loan Approval Date
7/6/2007
Loan Approval Gross Amount
$235,000
Loan Approval from the SBA
Of the total $235,000 loan amount, the SBA guaranteed $176,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 26 employees. The SBA loan application for the borrower indicated that the loan would help retain 26 existing jobs.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Obtaining Funding - How to Borrow Money
Banks in Honolulu, Hawaii
Hawaii SBA 7A Banks