Loan Census Banking News and Information
April 29, 2024  
 
 
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Hawaii SBA Banks

 

 
Loan Census SBA Loan Info

Honolulu, Hawaii Bank Gives SBA Loan to Motor Vehicle Supplies And New Parts Wholesalers Company

Get SBA loans from a Honolulu, Hawaii bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Central Pacific Bank is a Honolulu, Hawaii small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Hawaii company.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE SUPPLIES AND NEW PARTS WHOLESALERS
MILILANI, HI 96789

SBA Loan Lender

CENTRAL PACIFIC BANK
220 S KING ST
HONOLULU, HI 96813

This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

421120 - Motor Vehicle Supplies and New Parts Wholesalers

Loan Approval Date

1/8/2002

Loan Approval Gross Amount

$73,675

Loan Approval from the SBA

Of the total $73,675 loan amount, the SBA guaranteed $55,256.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small 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:

Banking Deregulation's Effects on Entrepreneurship

SBA Approved Banks in Honolulu, Hawaii

Getting a Business Loan in Hawaii