Commercial Loans for Drafting Services

With these commercial loans for drafting services, the SBA guarantees the lender that the loan will be repaid. This drafting services loan for $115,500 was given to a Hawaii entrepreneur in 2007.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Waipahu, Hawaii was able to borrow $115,500 from Hawaii National Bank. The SBA made the loan possible by guaranteeing $98,175 of this Hawaii small business loan.

SBA Loan Borrower

COMPANY TYPE: DRAFTING SERVICES
WAIPAHU, HI 96797

SBA Loan Lender

HAWAII NATIONAL BANK
45 N KING ST
HONOLULU, HI 96817

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541340 - Drafting Services

Loan Approval Date

10/10/2007

Loan Approval Gross Amount

$115,500

Loan Approval from the SBA

Of the total $115,500 loan amount, the SBA guaranteed $98,175.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This SBA loan was for $115,500. How would you spend $115,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Debt Financing

SBA Participating Banks in Honolulu, Hawaii

Find an SBA Lender in Hawaii