SBA loans in Hawaii, FY2022

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 FY2022 (1 October 2021 to 30 September 2022) SBA approved 131 loans in Hawaii: 110 under 7(a) and 21 under 504, worth $38.4M.

That is about level with FY2021, when there were 137 approvals worth $45.3M.

Hawaii accounted for 0.2% of the 56,932 approvals nationwide that year. 19 lenders had at least one approval in the state; Central Pacific Bank had the most, 75.

131approvalsFY2021: 137

$38.4Mdollars approvedFY2021: $45.3M

$50Kmedian 7(a) approvalFY2021: $50K

19lenders with an approval

560jobs 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 FY2022, of 19 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2021	Change
1	Central Pacific Bank	7(a)	75	$3.7M	57.3%	78	-3
2	HEDCO Local Development Corporation	504	21	$19.1M	16.0%	27	-6
3	The Huntington National Bank	7(a)	4	$1.0M	3.1%	2	+2
4	BayFirst National Bank	7(a)	4	$550K	3.1%	0	new
5	Celtic Bank Corporation	7(a)	3	$4.1M	2.3%	2	+1
6	Mechanics Bank	7(a)	3	$984K	2.3%	0	new
7	First Hawaiian Bank	7(a)	3	$646K	2.3%	2	+1
8	Newtek Small Business Finance, Inc.	7(a)	3	$550K	2.3%	5	-2
9	Readycap Lending, LLC	7(a)	3	$393K	2.3%	0	new
10	Commonwealth Business Bank	7(a)	2	—	1.5%	3	-1
11	22nd State Bank, A Division of 22nd State Banking Company	7(a)	2	—	1.5%	0	new
12	Greater Nevada CU	7(a)	1	—	0.8%	0	new
13	BankFirst	7(a)	1	—	0.8%	1	0
14	Live Oak Banking Company	7(a)	1	—	0.8%	2	-1
15	Touchmark National Bank	7(a)	1	—	0.8%	0	new
16	IncredibleBank	7(a)	1	—	0.8%	0	new
17	Luminate Bank	7(a)	1	—	0.8%	0	new
18	Hawaii National Bank	7(a)	1	—	0.8%	0	new
19	Five Star Bank	7(a)	1	—	0.8%	3	-2

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2021	Change
1	Honolulu County	87	$27.2M	66.4%	83	+4
2	Maui County	28	$7.9M	21.4%	28	0
3	Hawaii County	13	$3.1M	9.9%	22	-9
4	Kauai County	3	$216K	2.3%	4	-1

FY2022 against FY2021

Hawaii	FY2022	FY2021
7(a) approvals	110	110
7(a) dollars	$19.3M	$28.4M
Median 7(a) approval	$50K	$50K
504 approvals	21	27
504 dollars	$19.1M	$16.9M
Jobs supported, as reported	560	1,059

Questions and answers

Which lenders made the most SBA loans in Hawaii in FY2022?

Central Pacific Bank (75), HEDCO Local Development Corporation (21), The Huntington National Bank (4), BayFirst National Bank (4), Celtic Bank Corporation (3). 19 lenders had at least one approval.

How many SBA loans were approved in Hawaii in FY2022?

131: 110 under 7(a) worth $19.3M and 21 under 504 worth $19.1M.

Which Hawaii counties had the most SBA approvals in FY2022?

Honolulu County (87), Maui County (28), Hawaii County (13), Kauai County (3).

When does FY2022 start and end?

The federal fiscal year 2022 runs from 1 October 2021 to 30 September 2022.

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