FY20171 Oct 2016 – 30 Sep 2017
SBA loans in Hawaii, FY2017
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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 303 loans in Hawaii: 267 under 7(a) and 36 under 504, worth $70.1M.
That is down 28% on FY2016, when there were 419 approvals worth $56.4M.
Hawaii accounted for 0.4% of the 68,648 approvals nationwide that year. 28 lenders had at least one approval in the state; Central Pacific Bank had the most, 104.
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 28 lenders with the most approvals to Hawaii businesses in FY2017, of 28 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Central Pacific Bank | 7(a) | 104 | $7.0M | 34.3% | 156 | -52 |
| 2 | First Hawaiian Bank | 7(a) | 52 | $4.2M | 17.2% | 15 | +37 |
| 3 | HEDCO Local Development Corporation | 504 | 36 | $24.5M | 11.9% | 34 | +2 |
| 4 | Bank of Hawaii | 7(a) | 32 | $4.8M | 10.6% | 46 | -14 |
| 5 | American Savings Bank, National Association | 7(a) | 14 | $504K | 4.6% | 67 | -53 |
| 6 | Gather FCU | 7(a) | 12 | $2.3M | 4.0% | 3 | +9 |
| 7 | BayFirst National Bank | 7(a) | 9 | $2.2M | 3.0% | 2 | +7 |
| 8 | Celtic Bank Corporation | 7(a) | 6 | $2.1M | 2.0% | 6 | 0 |
| 9 | Wells Fargo Bank National Association | 7(a) | 5 | $769K | 1.7% | 2 | +3 |
| 10 | Live Oak Banking Company | 7(a) | 4 | $7.2M | 1.3% | 3 | +1 |
| 11 | Commonwealth Business Bank | 7(a) | 4 | $550K | 1.3% | 1 | +3 |
| 12 | Five Star Bank | 7(a) | 3 | $535K | 1.0% | 0 | new |
| 13 | HawaiiUSA FCU | 7(a) | 3 | $80K | 1.0% | 76 | -73 |
| 14 | Capital Bank, National Association | 7(a) | 2 | — | 0.7% | 0 | new |
| 15 | Stearns Bank National Association | 7(a) | 2 | — | 0.7% | 1 | +1 |
| 16 | Newtek Small Business Finance, Inc. | 7(a) | 2 | — | 0.7% | 0 | new |
| 17 | CDC Small Business Finance Corp. | 7(a) | 2 | — | 0.7% | 1 | +1 |
| 18 | Bank of Montana | 7(a) | 1 | — | 0.3% | 0 | new |
| 19 | Alaska Growth Capital BIDCO, Inc. | 7(a) | 1 | — | 0.3% | 1 | 0 |
| 20 | Bank of Hope | 7(a) | 1 | — | 0.3% | 0 | new |
| 21 | First Horizon Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 22 | Mechanics Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 23 | Readycap Lending, LLC | 7(a) | 1 | — | 0.3% | 0 | new |
| 24 | Legence Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 25 | Sunflower Bank National Association | 7(a) | 1 | — | 0.3% | 0 | new |
| 26 | Carolina Small Business Development Fund | 7(a) | 1 | — | 0.3% | 0 | new |
| 27 | Independence Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 28 | Northeast Bank | 7(a) | 1 | — | 0.3% | 0 | new |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|
| 1 | Honolulu County | 203 | $39.6M | 67.0% | 274 | -71 |
| 2 | Hawaii County | 36 | $15.0M | 11.9% | 31 | +5 |
| 3 | Maui County | 33 | $10.5M | 10.9% | 84 | -51 |
| 4 | Kauai County | 31 | $4.9M | 10.2% | 30 | +1 |
FY2017 against FY2016
| Hawaii | FY2017 | FY2016 |
|---|---|---|
| 7(a) approvals | 267 | 385 |
| 7(a) dollars | $45.6M | $32.1M |
| Median 7(a) approval | $50K | $50K |
| 504 approvals | 36 | 34 |
| 504 dollars | $24.5M | $24.2M |
| Jobs supported, as reported | 2,430 | 2,720 |
Questions and answers
Which lenders made the most SBA loans in Hawaii in FY2017?
Central Pacific Bank (104), First Hawaiian Bank (52), HEDCO Local Development Corporation (36), Bank of Hawaii (32), American Savings Bank, National Association (14). 28 lenders had at least one approval.
How many SBA loans were approved in Hawaii in FY2017?
303: 267 under 7(a) worth $45.6M and 36 under 504 worth $24.5M.
Which Hawaii counties had the most SBA approvals in FY2017?
Honolulu County (203), Hawaii County (36), Maui County (33), Kauai County (31).
When does FY2017 start and end?
The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.
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