SBA loans in Hawaii, FY2016

That fiscal year's approvals by lender and by county.

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.

In FY2016 (1 October 2015 to 30 September 2016) SBA approved 419 loans in Hawaii: 385 under 7(a) and 34 under 504, worth $56.4M.

That is down 42% on FY2015, when there were 727 approvals worth $75.1M.

Hawaii accounted for 0.6% of the 70,012 approvals nationwide that year. 19 lenders had at least one approval in the state; Central Pacific Bank had the most, 156.

419approvalsFY2015: 727

$56.4Mdollars approvedFY2015: $75.1M

$50Kmedian 7(a) approvalFY2015: $50K

19lenders with an approval

2,720jobs supported, as reported

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.

Approvals by lender

The 19 lenders with the most approvals to Hawaii businesses in FY2016, of 19 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2015	Change
1	Central Pacific Bank	7(a)	156	$7.2M	37.2%	205	-49
2	HawaiiUSA FCU	7(a)	76	$2.6M	18.1%	223	-147
3	American Savings Bank, National Association	7(a)	67	$3.4M	16.0%	150	-83
4	Bank of Hawaii	7(a)	46	$6.6M	11.0%	38	+8
5	HEDCO Local Development Corporation	504	34	$24.2M	8.1%	38	-4
6	First Hawaiian Bank	7(a)	15	$1.6M	3.6%	29	-14
7	Celtic Bank Corporation	7(a)	6	$1.3M	1.4%	3	+3
8	Live Oak Banking Company	7(a)	3	$5.0M	0.7%	1	+2
9	Gather FCU	7(a)	3	$120K	0.7%	11	-8
10	Wells Fargo Bank National Association	7(a)	2	—	0.5%	0	new
11	BayFirst National Bank	7(a)	2	—	0.5%	0	new
12	Hawaii National Bank	7(a)	2	—	0.5%	9	-7
13	National Cooperative Bank, National Association	7(a)	1	—	0.2%	0	new
14	Glacier Bank	7(a)	1	—	0.2%	0	new
15	Alaska Growth Capital BIDCO, Inc.	7(a)	1	—	0.2%	3	-2
16	Stearns Bank National Association	7(a)	1	—	0.2%	1	0
17	CDC Small Business Finance Corp.	7(a)	1	—	0.2%	0	new
18	Commonwealth Business Bank	7(a)	1	—	0.2%	1	0
19	Hawaii State Federal Credit Union	7(a)	1	—	0.2%	0	new

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2015	Change
1	Honolulu County	274	$34.9M	65.4%	546	-272
2	Maui County	84	$13.6M	20.0%	119	-35
3	Hawaii County	31	$3.8M	7.4%	22	+9
4	Kauai County	30	$4.0M	7.2%	40	-10

FY2016 against FY2015

Hawaii	FY2016	FY2015
7(a) approvals	385	689
7(a) dollars	$32.1M	$52.2M
Median 7(a) approval	$50K	$50K
504 approvals	34	38
504 dollars	$24.2M	$22.9M
Jobs supported, as reported	2,720	3,729

Questions and answers

Which lenders made the most SBA loans in Hawaii in FY2016?

Central Pacific Bank (156), HawaiiUSA FCU (76), American Savings Bank, National Association (67), Bank of Hawaii (46), HEDCO Local Development Corporation (34). 19 lenders had at least one approval.

How many SBA loans were approved in Hawaii in FY2016?

419: 385 under 7(a) worth $32.1M and 34 under 504 worth $24.2M.

Which Hawaii counties had the most SBA approvals in FY2016?

Honolulu County (274), Maui County (84), Hawaii County (31), Kauai County (30).

When does FY2016 start and end?

The federal fiscal year 2016 runs from 1 October 2015 to 30 September 2016.

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