Waipahu, Hawaii Entrepreneur Gets a Bank Loan
HawaiiBusiness loans are available to Hawaii business owners through the SBA. In this case, a Hawaii bank provides the loan.
Getting a small business loan in Waipahu, Hawaii was a top priority for this SBA-financed company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Central Pacific Bank. Here are the details on this Hawaii small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER RELATED SERVICES
WAIPAHU, HI 96797
SBA Loan Lender
CENTRAL PACIFIC BANK
960 MAPUNAPUNA ST
HONOLULU, HI 96819
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7379 - Computer Related Services
Loan Approval Date
9/21/2000
Loan Approval Gross Amount
$24,000
Loan Approval from the SBA
Of the total $24,000 loan amount, the SBA guaranteed $19,200.
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 only one employee. The loan application did not indicate that the small business promised to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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.
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