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May 9, 2024 |
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| Home > Small Business Lenders by State > Hawaii Business Loan Sources > Honolulu, Business Loans > Bank Of Hawaii Honolulu Business Loans > Travel Arrangement And Reservation Services Loan | ||||
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Hawaii SBA 7A Lenders
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Honolulu, Hawaii Bank Gives SBA Loan to Travel Arrangement And Reservation Services CompanyThinking about meeting with a Honolulu, Hawaii bank about a small business loan? Here's one Hawaii business loan, issued by a Honolulu bank, that was approved by the SBA. Applying for an SBA loan with Bank Of Hawaii worked out well for our friends at one local company in Honolulu, Hawaii. They received an SBA loan for $250,000. Sweet! SBA Loan Borrower COMPANY TYPE: TRAVEL ARRANGEMENT AND RESERVATION SERVICES SBA Loan Lender BANK OF HAWAII This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 561599 - Travel Arrangement and Reservation Services Loan Approval Date 8/9/2002 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 30 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 30 existing jobs. Next Steps for Getting an SBA Loan If you need money to start 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. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Best Banks in Honolulu, Hawaii
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