Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

I Need a Business Loan in Honolulu, Hawaii

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Masonry and Stone Contractors

With these bank loans for masonry and stone contractors, the SBA guarantees the lender that the loan will be repaid. This masonry and stone contractors loan for $200,000 was given to a Hawaii entrepreneur in 2001.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Honolulu, Hawaii was able to borrow $200,000 from Central Pacific Bank. The SBA made the loan possible by guaranteeing $150,000 of this Hawaii small business loan.

SBA Loan Borrower

COMPANY TYPE: MASONRY AND STONE CONTRACTORS
HONOLULU, HI 96819

SBA Loan Lender

CENTRAL PACIFIC BANK
220 S KING ST
HONOLULU, HI 96813

This loan for a small business was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA provides a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235410 - Masonry and Stone Contractors

Loan Approval Date

9/12/2001

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

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 9 employees. This SBA loan request did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a small business or need money to grow a business, an SBA loan can be a great funding source

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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SBA Banks in Honolulu, Hawaii

Hawaii SBA 7A Lenders