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May 4, 2024 |
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| Home > Small Business Lenders by State > Hawaii Business Loan Sources > Honolulu, Business Loans > Hawaii National Bank Honolulu Business Loans > Home Furnishing Merchant Wholesalers Loan | ||||
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Raising Money in Honolulu, Hawaii With SBA Loans
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Borrowing Money for Home Furnishing Merchant WholesalersLooking for bank loans for home furnishing merchant wholesalers? Talk to a banker who works with the SBA. This $205,000 home furnishing merchant wholesalers loan was issued by a Hawaii bank. Getting a small business loan in Honolulu, Hawaii was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Hawaii National Bank, operating out of Honolulu, Hawaii. Here are the details on this Hawaii small business loan. SBA Loan Borrower COMPANY TYPE: HOME FURNISHING MERCHANT WHOLESALERS SBA Loan Lender HAWAII NATIONAL BANK 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 423220 - Home Furnishing Merchant Wholesalers Loan Approval Date 6/4/2004 Loan Approval Gross Amount $205,000 Loan Approval from the SBA Of the total $205,000 loan amount, the SBA guaranteed $153,750. 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 62 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 70 existing jobs. Getting an SBA Loan For Your Business If you have been wondering how do i get money to start a business in Honolulu HI, you ought to talk with a local Honolulu SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Honolulu businesses. 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:
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