Hawaii-based banks were among the largest lenders to “The Aloha State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top 10 SBA Lenders in Hawaii:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | Central Pacific Bank | Honolulu, HI | 104 | $61,683 | 7.6% |
| 2 | First Hawaiian Bank | Honolulu, HI | 57 | $85,881 | 6.5% |
| 3 | Bank of Hawaii | Honolulu, HI | 31 | $163,913 | 6.0% |
| 4 | Kauai Community FCU | Lihue, HI | 11 | $170,345 | 6.8% |
| 5 | First Home Bank | Seminole, FL | 7 | $210,571 | 7.0% |
| 6 | American Savings Bank | Honolulu, HI | 5 | $35,000 | 10.4% |
| 7 | Celtic Bank | Salt Lake City, UT | 5 | $194,160 | 7.3% |
| 8 | Live Oak | Wilmington, NC | 5 | $1,767,800 | 7.2% |
| 9 | Wells Fargo | Sioux Falls, SD | 5 | $386,800 | 8.3% |
| 10 | Five Star Bank | Rocklin, CA | 3 | $178,333 | 6.7% |