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County3rd of 4 in Hawaii by approvalsFIPS 15001
SBA loans in Hawaii County, Hawaii
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Hawaii County, Hawaii, received 120 SBA loan approvals worth $43.0M in FY2021 to FY2025 (112 7(a), 8 504).
That is 27.3 approvals per 1,000 business establishments (4,400 establishments in 2023), close to the Hawaii figure of 27.8 and below the national 41.0.
It ranks 3rd of 4 Hawaii counties with approvals. In FY2025 there were 29, down 15% on FY2024.
24 lenders had approvals here; the most active were Central Pacific Bank (60), Readycap Lending, LLC (10) and Newtek Bank, National Association (8). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Hawaii County
By number of approvals to businesses in the county, FY2021–FY2025; 24 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Central Pacific BankHonolulu, HI | 60 | $2.3M | 50.0% | |
| 2 | Readycap Lending, LLCBerkeley Heights, NJ | 10 | $1.3M | 8.3% | |
| 3 | Newtek Bank, National AssociationMiami, FL | 8 | $5.1M | 6.7% | |
| 4 | HEDCO Local Development CorporationHonolulu, HI · CDC | 7 | $7.3M | 5.8% | |
| 5 | Celtic Bank CorporationSalt Lake City, UT | 5 | $7.3M | 4.2% | |
| 6 | BayFirst National BankSaint Petersburg, FL | 4 | $472K | 3.3% | |
| 7 | Grow America Fund, IncorporatedNew York, NY | 3 | $1.2M | 2.5% | |
| 8 | Stearns Bank National AssociationSaint Cloud, MN | 3 | $925K | 2.5% | |
| 9 | Live Oak Banking CompanyWilmington, NC | 2 | — | 1.7% | |
| 10 | TowneBankPortsmouth, VA | 2 | — | 1.7% | |
| 11 | Bank of HawaiiHonolulu, HI | 2 | — | 1.7% | |
| 12 | Northeast BankLewiston, ME | 2 | — | 1.7% | |
| 13 | Bank Five NineOconomowoc, WI | 1 | — | 0.8% | |
| 14 | The Huntington National BankColumbus, OH | 1 | — | 0.8% | |
| 15 | Harvest Small Business Finance, LLCLaguna Hills, CA | 1 | — | 0.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 13 | 10.8% | |
| 2 | Residential Building ConstructionNAICS 2361 | 8 | 6.7% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 7 | 5.8% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 7 | 5.8% | |
| 5 | Other Specialty Trade ContractorsNAICS 2389 | 5 | 4.2% | |
| 6 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 5 | 4.2% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 5 | 4.2% | |
| 8 | Services to Buildings and DwellingsNAICS 5617 | 4 | 3.3% | |
| 9 | Building Finishing ContractorsNAICS 2383 | 4 | 3.3% | |
| 10 | Offices of Other Health PractitionersNAICS 6213 | 4 | 3.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 27 | 22.5% | |
| 2 | Accommodation and Food Services | 17 | 14.2% | |
| 3 | Retail Trade | 14 | 11.7% | |
| 4 | Health Care and Social Assistance | 10 | 8.3% | |
| 5 | Other Services (except Public Administration) | 10 | 8.3% | |
| 6 | Professional, Scientific, and Technical Services | 8 | 6.7% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 7 | 5.8% | |
| 8 | Manufacturing | 7 | 5.8% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 11 | $2.3M | $72K | 1 | — | 12 | 38 |
| FY2025 | 28 | $9.3M | $50K | 1 | — | 29 | 185 |
| FY2024 | 31 | $12.7M | $50K | 3 | $4.9M | 34 | 270 |
| FY2023 | 21 | $4.4M | $50K | 1 | — | 22 | 76 |
| FY2022 | 12 | $1.8M | $50K | 1 | — | 13 | 59 |
| FY2021 | 20 | $6.2M | $50K | 2 | — | 22 | 180 |
| FY2020 | 8 | $2.8M | $73K | 0 | — | 8 | 35 |
| FY2019 | 20 | $8.4M | $175K | 2 | — | 22 | 178 |
| FY2018 | 22 | $4.4M | $65K | 2 | — | 24 | 136 |
| FY2017 | 32 | $8.8M | $50K | 4 | $6.2M | 36 | 319 |
| FY2016 | 27 | $2.5M | $50K | 4 | $1.3M | 31 | 261 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 121 approvals.
Against Hawaii and the country
| FY2021–FY2025 | Hawaii County | Hawaii | United States |
|---|---|---|---|
| Approvals | 120 | 916 | 342,825 |
| Approvals per 1,000 establishments | 27.3 | 27.8 | 41.0 |
| Median 7(a) approval | $50K | $50K | $190K |
| Median 504 approval | $862K | $675K | $657K |
| Average approval | $358K | $321K | $573K |
| 504 share of approvals | 6.7% | 10.3% | 11.0% |
| Jobs supported per approval, as reported | 6.4 | 7.6 | 10.5 |
| Share of state approvals | 13.1% | 100.0% | — |
Approval sizes
- $50,000 or less55.8%67
- $50,001 to $150,00014.2%17
- $150,001 to $350,0006.7%8
- $350,001 to $1 million11.7%14
- $1 million to $2 million7.5%9
- Over $2 million4.2%5
Age of the businesses
- Existing, more than 2 years old60.0%72
- New business, 2 years or less24.2%29
- Startup, loan funds will open the business11.7%14
- Change of ownership4.2%5
Questions and answers
Which lenders make the most SBA loans in Hawaii County?
By approvals in FY2021 to FY2025: Central Pacific Bank (60), Readycap Lending, LLC (10), Newtek Bank, National Association (8), HEDCO Local Development Corporation (7), Celtic Bank Corporation (5). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Hawaii County?
The median 7(a) approval was $50K and the median 504 approval $862K; the Hawaii 7(a) median was $50K.
Which industries get the most SBA loans in Hawaii County?
Restaurants and Other Eating Places (13); Residential Building Construction (8); Automotive Repair and Maintenance (7); Building Equipment Contractors (7); Other Specialty Trade Contractors (5).
Is SBA lending in Hawaii County rising?
Approvals in the three latest complete fiscal years total 85, against 43 in the three before: rising (+98%).
How does Hawaii County compare with the rest of Hawaii?
27.3 approvals per 1,000 establishments against 27.8 statewide, and 120 of the state's 916 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error