Entrepreneur Works With Honolulu, Hawaii Bank to Get an SBA Loan

Get to know Honolulu, Hawaii banks that specialize in SBA loans and know how to work with entrepreneurs. First Hawaiian Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Kaneohe (census Name For Mokap, Hawaii starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from First Hawaiian Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: GROCERY AND RELATED PRODUCTS MERCHANT WHOLESALERS
KANEOHE (CENSUS NAME FOR MOKAP, HI 96744

SBA Loan Lender

FIRST HAWAIIAN BANK
999 BISHOP ST, 29TH FL
HONOLULU, HI 96813

This lender processed this business 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

424490 - Grocery and Related Products Merchant Wholesalers

Loan Approval Date

10/17/2006

Loan Approval Gross Amount

$116,000

Loan Approval from the SBA

Of the total $116,000 loan amount, the SBA guaranteed $58,000.

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 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Kaneohe (census Name For Mokap HI, you ought to talk with a local Kaneohe (census Name For Mokap SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kaneohe (census Name For Mokap businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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.

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