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

Waipahu, Hawaii Bank Loan

 

 
Loan Census SBA Loan Info

Financing for Supermarkets and Grocery Stores

Looking for loans for supermarkets and grocery stores? Talk to a banker who works with the SBA. This $450,000 supermarkets and grocery stores loan was issued by a Hawaii bank.

This company knew how to go about getting a business bank loan. Based in Waipahu, Hawaii, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Bank Of Hawaii, based in Aiea, Hawaii.

SBA Loan Borrower

COMPANY TYPE: GROCERY STORES
WAIPAHU, HI 96797

SBA Loan Lender

BANK OF HAWAII
98-211 PALI MOMI ST, 2ND FLR
AIEA, HI 96701

This SBA loan was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA promises a quick answer on whether the loan qualifies.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5411 - Grocery Stores

NAICS Code

445110 - Supermarkets and Grocery Stores

Loan Approval Date

4/25/2000

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 25 employees. This SBA loan request did not indicate that the business promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? 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:

How to Raise Money

SBA Approved Banks in Aiea, Hawaii

Getting an SBA Loan in Hawaii