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

Tamuning, Bank Loan

 

 
Loan Census SBA Loan Info

Loan to Buy Computertots Franchise Issued By Bank Of Hawaii

Borrowing money to buy a Computertots franchise? Bank Of Hawaii has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Computertots franchise shouldn't be overly burdensome. In 2006, Bank Of Hawaii issued an SBA franchise loan to an entrepreneur in Tamuning, . Because Computertots was registered with the SBA's registry of franchises, this small business loan was issued on an expedited basis.

SBA Loan Borrower

CTCE GUAM
TAMUNING, GU 95913

SBA Loan Lender

BANK OF HAWAII
130 MERCHANT ST
HONOLULU, HI 96813

This lender processed this SBA 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

611699 - Schools and Instruction

Loan Approval Date

5/17/2006

Loan Approval Gross Amount

$66,000

Loan Approval from the SBA

Of the total $66,000 loan amount, the SBA guaranteed $33,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Computertots franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 6 existing jobs.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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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Small Bank Loans in Honolulu, Hawaii

Hawaii SBA Banks