County2nd of 4 in Hawaii by approvalsFIPS 15009
SBA loans in Maui 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.
SBA approved 150 loans to businesses in Maui County, Hawaii, in FY2021 to FY2025, worth $44.8M: 120 under 7(a) and 30 under 504.
That is 30.0 approvals per 1,000 business establishments (5,000 establishments in 2023), close to the Hawaii figure of 27.8 and below the national 41.0.
It ranks 2nd of 4 Hawaii counties with approvals. In FY2025 there were 46, up 92% on FY2024.
27 lenders had approvals here; the most active were Central Pacific Bank (61), HEDCO Local Development Corporation (22) and Northeast Bank (10). 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 Maui County
By number of approvals to businesses in the county, FY2021–FY2025; 27 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Central Pacific BankHonolulu, HI | 61 | $3.5M | 40.7% | |
| 2 | HEDCO Local Development CorporationHonolulu, HI · CDC | 22 | $11.3M | 14.7% | |
| 3 | Northeast BankLewiston, ME | 10 | $2.3M | 6.7% | |
| 4 | BayFirst National BankSaint Petersburg, FL | 8 | $934K | 5.3% | |
| 5 | Mortgage Capital Development CorporationOakland, CA · CDC | 7 | $5.7M | 4.7% | |
| 6 | Readycap Lending, LLCBerkeley Heights, NJ | 6 | $794K | 4.0% | |
| 7 | Newtek Bank, National AssociationMiami, FL | 5 | $698K | 3.3% | |
| 8 | 22nd State Bank, A Division of 22nd State Banking CompanyMobile, AL | 4 | $4.7M | 2.7% | |
| 9 | First Hawaiian BankHonolulu, HI | 3 | $575K | 2.0% | |
| 10 | Live Oak Banking CompanyWilmington, NC | 2 | — | 1.3% | |
| 11 | BankFirstNorfolk, NE | 2 | — | 1.3% | |
| 12 | Newtek Small Business Finance, Inc.Lake Success, NY | 2 | — | 1.3% | |
| 13 | First Bank of the LakeOsage Beach, MO | 2 | — | 1.3% | |
| 14 | Lendistry SBLC, LLCLos Angeles, CA | 2 | — | 1.3% | |
| 15 | Valley Isle Community FCUKahului, HI | 2 | — | 1.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 11 | 7.3% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 8 | 5.3% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 7 | 4.7% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 7 | 4.7% | |
| 5 | Special Food ServicesNAICS 7223 | 7 | 4.7% | |
| 6 | Other Specialty Trade ContractorsNAICS 2389 | 6 | 4.0% | |
| 7 | Residential Building ConstructionNAICS 2361 | 6 | 4.0% | |
| 8 | Other Amusement and Recreation IndustriesNAICS 7139 | 6 | 4.0% | |
| 9 | Automotive Equipment Rental and LeasingNAICS 5321 | 4 | 2.7% | |
| 10 | Individual and Family ServicesNAICS 6241 | 4 | 2.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 25 | 16.7% | |
| 2 | Construction | 24 | 16.0% | |
| 3 | Accommodation and Food Services | 21 | 14.0% | |
| 4 | Health Care and Social Assistance | 18 | 12.0% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 12 | 8.0% | |
| 6 | Professional, Scientific, and Technical Services | 11 | 7.3% | |
| 7 | Arts, Entertainment, and Recreation | 8 | 5.3% | |
| 8 | Transportation and Warehousing | 6 | 4.0% |
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* | 10 | $2.0M | $126K | 3 | $1.2M | 13 | 89 |
| FY2025 | 36 | $8.3M | $121K | 10 | $7.4M | 46 | 253 |
| FY2024 | 23 | $4.7M | $50K | 1 | — | 24 | 98 |
| FY2023 | 22 | $6.0M | $50K | 2 | — | 24 | 182 |
| FY2022 | 21 | $3.7M | $50K | 7 | $4.2M | 28 | 124 |
| FY2021 | 18 | $4.3M | $50K | 10 | $4.4M | 28 | 117 |
| FY2020 | 11 | $884K | $25K | 9 | $3.8M | 20 | 118 |
| FY2019 | 12 | $1.2M | $55K | 5 | $2.0M | 17 | 123 |
| FY2018 | 39 | $10.4M | $50K | 10 | $5.7M | 49 | 402 |
| FY2017 | 26 | $8.9M | $50K | 7 | $1.6M | 33 | 235 |
| FY2016 | 77 | $9.0M | $38K | 7 | $4.6M | 84 | 349 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 203 approvals.
Against Hawaii and the country
| FY2021–FY2025 | Maui County | Hawaii | United States |
|---|---|---|---|
| Approvals | 150 | 916 | 342,825 |
| Approvals per 1,000 establishments | 30.0 | 27.8 | 41.0 |
| Median 7(a) approval | $50K | $50K | $190K |
| Median 504 approval | $574K | $675K | $657K |
| Average approval | $299K | $321K | $573K |
| 504 share of approvals | 20.0% | 10.3% | 11.0% |
| Jobs supported per approval, as reported | 5.2 | 7.6 | 10.5 |
| Share of state approvals | 16.4% | 100.0% | — |
Approval sizes
- $50,000 or less41.3%62
- $50,001 to $150,00019.3%29
- $150,001 to $350,00016.7%25
- $350,001 to $1 million16.0%24
- $1 million to $2 million4.7%7
- Over $2 million2.0%3
Age of the businesses
- Existing, more than 2 years old72.0%108
- New business, 2 years or less14.7%22
- Startup, loan funds will open the business8.7%13
- Change of ownership4.7%7
Questions and answers
Which lenders make the most SBA loans in Maui County?
By approvals in FY2021 to FY2025: Central Pacific Bank (61), HEDCO Local Development Corporation (22), Northeast Bank (10), BayFirst National Bank (8), Mortgage Capital Development Corporation (7). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Maui County?
The median 7(a) approval was $50K and the median 504 approval $574K; the Hawaii 7(a) median was $50K.
Which industries get the most SBA loans in Maui County?
Restaurants and Other Eating Places (11); Offices of Other Health Practitioners (8); Building Equipment Contractors (7); Services to Buildings and Dwellings (7); Special Food Services (7).
Is SBA lending in Maui County rising?
Approvals in the three latest complete fiscal years total 94, against 76 in the three before: rising (+24%).
How does Maui County compare with the rest of Hawaii?
30.0 approvals per 1,000 establishments against 27.8 statewide, and 150 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