SBA loans in Hawaii, FY2021

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 FY2021 (1 October 2020 to 30 September 2021) SBA approved 137 loans in Hawaii: 110 under 7(a) and 27 under 504, worth $45.3M.

That is up 34% on FY2020, when there were 102 approvals worth $34.1M.

Hawaii accounted for 0.2% of the 61,532 approvals nationwide that year. 19 lenders had at least one approval in the state; Central Pacific Bank had the most, 78.

137approvalsFY2020: 102

$45.3Mdollars approvedFY2020: $34.1M

$50Kmedian 7(a) approvalFY2020: $50K

19lenders with an approval

1,059jobs 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 FY2021, of 19 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2020	Change
1	Central Pacific Bank	7(a)	78	$5.0M	56.9%	44	+34
2	HEDCO Local Development Corporation	504	27	$16.9M	19.7%	26	+1
3	Newtek Small Business Finance, Inc.	7(a)	5	$3.7M	3.6%	1	+4
4	Bank of Hawaii	7(a)	4	$500K	2.9%	1	+3
5	Commonwealth Business Bank	7(a)	3	$838K	2.2%	2	+1
6	Five Star Bank	7(a)	3	$575K	2.2%	4	-1
7	Live Oak Banking Company	7(a)	2	—	1.5%	0	new
8	Celtic Bank Corporation	7(a)	2	—	1.5%	0	new
9	First Hawaiian Bank	7(a)	2	—	1.5%	5	-3
10	The Huntington National Bank	7(a)	2	—	1.5%	1	+1
11	Pinnacle Bank	7(a)	1	—	0.7%	0	new
12	Byline Bank	7(a)	1	—	0.7%	1	0
13	U.S. Bank, National Association	7(a)	1	—	0.7%	0	new
14	BankFirst	7(a)	1	—	0.7%	0	new
15	Capital Bank, National Association	7(a)	1	—	0.7%	1	0
16	Happen Bank	7(a)	1	—	0.7%	0	new
17	FDIC - Community Bank & Trust-West Georgia	7(a)	1	—	0.7%	0	new
18	Wallis Bank	7(a)	1	—	0.7%	0	new
19	BMO Bank National Association	7(a)	1	—	0.7%	0	new

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2020	Change
1	Honolulu County	83	$29.3M	60.6%	66	+17
2	Maui County	28	$8.7M	20.4%	20	+8
3	Hawaii County	22	$6.9M	16.1%	8	+14
4	Kauai County	4	$295K	2.9%	8	-4

FY2021 against FY2020

Hawaii	FY2021	FY2020
7(a) approvals	110	76
7(a) dollars	$28.4M	$15.4M
Median 7(a) approval	$50K	$50K
504 approvals	27	26
504 dollars	$16.9M	$18.7M
Jobs supported, as reported	1,059	1,009

Questions and answers

Which lenders made the most SBA loans in Hawaii in FY2021?

Central Pacific Bank (78), HEDCO Local Development Corporation (27), Newtek Small Business Finance, Inc. (5), Bank of Hawaii (4), Commonwealth Business Bank (3). 19 lenders had at least one approval.

How many SBA loans were approved in Hawaii in FY2021?

137: 110 under 7(a) worth $28.4M and 27 under 504 worth $16.9M.

Which Hawaii counties had the most SBA approvals in FY2021?

Honolulu County (83), Maui County (28), Hawaii County (22), Kauai County (4).

When does FY2021 start and end?

The federal fiscal year 2021 runs from 1 October 2020 to 30 September 2021.

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