How to Get a Loan for Scenic and Sightseeing Transportation, Water
With these SBA loans for scenic and sightseeing transportation, water, the SBA guarantees the lender that the loan will be repaid. This scenic and sightseeing transportation, water loan for $50,000 was given to a Hawaii entrepreneur in 2004.
Getting a small business loan in Kailua Kona (census Name Kailu, Hawaii was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Hawaii, operating out of Honolulu, Hawaii. Here are the details on this Hawaii small business loan.
SBA Loan Borrower
COMPANY TYPE: SCENIC AND SIGHTSEEING TRANSPORTATION, WATER
KAILUA KONA (CENSUS NAME KAILU, HI 96740
SBA Loan Lender
BANK OF HAWAII
130 MERCHANT ST
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
487210 - Scenic and Sightseeing Transportation, Water
Loan Approval Date
10/20/2004
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 10 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 10 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $50,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Alternative Financing
Small Business Banks in Honolulu, Hawaii
SBA Lenders in Hawaii