Lenders › Central Pacific Bank
7(a) lenderHonolulu, HawaiiFDIC-insured bank86th of 2,184 by approvals
Central Pacific Bank
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
Central Pacific Bank, based in Honolulu, Hawaii, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 447 of its 7(a) loans worth $31.1M in FY2021 to FY2025, which places it 86th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 89 approvals totalling $4.7M, down 21% on FY2024 (113). FY2026 to 30 Jun 2026 adds 24 more.
The median approval was $44K, against $190K for the 7(a) program as a whole; 92.6% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 2 states and territories and 5 counties, led by Hawaii (99.8%) and Texas (0.2%). The largest industry group was construction at 24.6% of approvals, and 0.4% of approvals were to franchise businesses.
Of 1,076 disbursed loans approved in FY2010 to FY2021, SBA records 95 as charged off (8.8%), 917 as paid in full and 64 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is above it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 24 | $1.1M | $25K | $45K | 128 |
| FY2025 | 89 | $4.7M | $25K | $53K | 347 |
| FY2024 | 113 | $9.5M | $45K | $84K | 802 |
| FY2023 | 91 | $7.1M | $50K | $78K | 659 |
| FY2022 | 75 | $3.7M | $50K | $50K | 269 |
| FY2021 | 79 | $6.0M | $40K | $77K | 568 |
| FY2020 | 44 | $2.1M | $40K | $48K | 295 |
| FY2019 | 55 | $2.9M | $40K | $52K | 227 |
| FY2018 | 102 | $5.0M | $41K | $49K | 772 |
| FY2017 | 104 | $7.0M | $33K | $68K | 509 |
| FY2016 | 156 | $7.2M | $50K | $46K | 1,147 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 461 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Hawaii | 7(a) program |
|---|---|---|---|
| Approvals in these years | 1,142 | 3,271 | 639,905 |
| Cancelled or never disbursed | 66 | 397 | 79,313 |
| Disbursed loans | 1,076 | 2,874 | 560,592 |
| Paid in full | 917 | 2,521 | 435,813 |
| Charged off | 95 | 197 | 36,891 |
| Still outstanding (status exempt from disclosure) | 64 | 156 | 87,888 |
| Charged off, share of disbursed loans | 8.8% | 6.9% | 6.6% |
| Dollars charged off, share of disbursed dollars | 5.5% | 3.8% | 2.5% |
| Dollars charged off | $2.8M | $12.8M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 72 | 41 | 3 | 4.2% | 2.8% |
| FY2020 | 41 | 38 | 3 | 7.3% | 4.0% |
| FY2019 | 54 | 44 | 9 | 16.7% | 6.7% |
| FY2018 | 94 | 83 | 6 | 6.4% | 7.9% |
| FY2017 | 100 | 81 | 16 | 16.0% | 7.7% |
| FY2016 | 149 | 117 | 18 | 12.1% | 7.2% |
| FY2015 | 199 | 165 | 22 | 11.1% | 6.9% |
| FY2014 | 127 | 115 | 11 | 8.7% | 6.4% |
| FY2013 | 68 | 67 | 1 | 1.5% | 6.0% |
| FY2012 | 79 | 74 | 5 | 6.3% | 6.3% |
| FY2011 | 30 | 30 | 0 | 0.0% | 6.9% |
| FY2010 | 63 | 62 | 1 | 1.6% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $44K | $190K |
| Average approval | $70K | $518K |
| Approvals of $150,000 or less | 92.6% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 44.3% | 34.3% |
| Approvals to franchise businesses | 0.4% | 11.5% |
| Jobs supported per approval, as reported | 5.9 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 8.8% | 6.6% |
States served
| # | State of the business (2 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Hawaii | 446 | $30.1M | 99.8% | |
| 2 | Texas | 1 | — | 0.2% |
In Hawaii the lender accounts for 54.3% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (5 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Honolulu County, HI | 311 | $23.8M | 69.6% | |
| 2 | Maui County, HI | 61 | $3.5M | 13.6% | |
| 3 | Hawaii County, HI | 60 | $2.3M | 13.4% | |
| 4 | Kauai County, HI | 14 | $480K | 3.1% | |
| 5 | Collin County, TX | 1 | — | 0.2% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 110 | 24.6% | |
| 2 | Accommodation and Food Services | 106 | 23.7% | |
| 3 | Professional, Scientific, and Technical Services | 29 | 6.5% | |
| 4 | Administrative and Support and Waste Management and Remediation Services | 28 | 6.3% | |
| 5 | Health Care and Social Assistance | 28 | 6.3% | |
| 6 | Retail Trade | 28 | 6.3% | |
| 7 | Manufacturing | 17 | 3.8% | |
| 8 | Real Estate and Rental and Leasing | 17 | 3.8% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 73 | 16.3% | |
| 2 | Building Equipment ContractorsNAICS 2382 | 35 | 7.8% | |
| 3 | Residential Building ConstructionNAICS 2361 | 30 | 6.7% | |
| 4 | Special Food ServicesNAICS 7223 | 27 | 6.0% | |
| 5 | Building Finishing ContractorsNAICS 2383 | 18 | 4.0% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 13 | 2.9% | |
| 7 | Travel Arrangement and Reservation ServicesNAICS 5615 | 12 | 2.7% | |
| 8 | Automotive Equipment Rental and LeasingNAICS 5321 | 12 | 2.7% | |
| 9 | Offices of Other Health PractitionersNAICS 6213 | 11 | 2.5% | |
| 10 | Nonresidential Building ConstructionNAICS 2362 | 9 | 2.0% |
Approval sizes
- $50,000 or less86.4%386
- $50,001 to $150,0006.3%28
- $150,001 to $350,0004.7%21
- $350,001 to $1 million2.5%11
- Over $2 million0.2%1
Loan terms
- 5 years or less91.1%407
- Over 5 to 10 years8.9%40
Age of the businesses
- Existing, more than 2 years old54.6%244
- New business, 2 years or less39.1%175
- Startup, loan funds will open the business5.1%23
- Change of ownership1.1%5
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 428 | 95.7% | |
| 2 | Preferred Lenders Program | 10 | 2.2% | |
| 3 | Working Capital CAPLine | 4 | 0.9% | |
| 4 | 7a General | 4 | 0.9% | |
| 5 | Contract CAPLine | 1 | 0.2% |
Franchise share
2 of 447 approvals in FY2021–FY2025 (0.4%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Servpro | 1 | 0.2% | |
| 2 | Rainbow Restoration | 1 | 0.2% |
Questions and answers
How many SBA loans does Central Pacific Bank make?
SBA approved 89 7(a) loans through Central Pacific Bank in FY2025, worth $4.7M, and 447 over FY2021 to FY2025. That ranks 86th of 2,184 active 7(a) lenders by number of approvals.
How large are Central Pacific Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $44K and the average $70K. The program-wide median was $190K.
What is Central Pacific Bank's charge-off rate?
Of 1,076 disbursed loans approved in FY2010 to FY2021, SBA records 95 as charged off (8.8%), 917 as paid in full and 64 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is above it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Central Pacific Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (73); building equipment contractors (35); residential building construction (30); special food services (27).
Where does Central Pacific Bank make SBA loans?
In 2 states and territories. Hawaii 446, Texas 1. In Hawaii it accounts for 54.3% of all 7(a) approvals.
Is Central Pacific Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 293, against 198 in the three before: rising (+48%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error