Small Business Owner Resource
The past, present, and future of SBA 7(a) lending for Hawaii.
In 2022 there were 19 SBA lenders that approved 102 SBA 7(a) loans for projects in Hawaii totaling $19,786,400. The average loan amount was $193,984. Borrowers from 26 cities were approved for projects in Hawaii for 63 industries. The SBA loan approvals in 2022 represent 633 jobs supported or saved in Hawaii.
There were 4 franchise branded businesses receiving 6 loan approvals for $1,167,000 with an average loan amount of $233,400.
Our forecast model projects $27 million in total Hawaii SBA 7(a) loan approval amounts in 2023 with $1.6 million to franchise businesses.
Hawaii Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
Hawaii Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
This intel is provided by SBADNA, an SBAmatch sister company.
Our SBA Lending Experts can leverage this intel with long-standing banking relationships to help you find the right loan for FREE.
