SBA loans in Hawaii, FY2025

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 FY2025 (1 October 2024 to 30 September 2025) SBA approved 254 loans in Hawaii: 231 under 7(a) and 23 under 504, worth $81.0M.

That is up 9% on FY2024, when there were 233 approvals worth $71.3M.

Hawaii accounted for 0.3% of the 84,840 approvals nationwide that year. 31 lenders had at least one approval in the state; Central Pacific Bank had the most, 89.

254approvalsFY2024: 233

$81.0Mdollars approvedFY2024: $71.3M

$80Kmedian 7(a) approvalFY2024: $50K

31lenders with an approval

1,959jobs 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 31 lenders with the most approvals to Hawaii businesses in FY2025, of 31 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2024	Change
1	Central Pacific Bank	7(a)	89	$4.7M	35.0%	113	-24
2	Northeast Bank	7(a)	33	$5.9M	13.0%	20	+13
3	Newtek Bank, National Association	7(a)	23	$13.0M	9.1%	12	+11
4	Readycap Lending, LLC	7(a)	19	$4.6M	7.5%	14	+5
5	Mortgage Capital Development Corporation	504	12	$17.5M	4.7%	1	+11
6	HEDCO Local Development Corporation	504	10	$9.4M	3.9%	10	0
7	BayFirst National Bank	7(a)	9	$1.1M	3.5%	18	-9
8	First Hawaiian Bank	7(a)	9	$630K	3.5%	3	+6
9	Live Oak Banking Company	7(a)	7	$6.0M	2.8%	2	+5
10	Celtic Bank Corporation	7(a)	6	$1.1M	2.4%	6	0
11	Lendistry SBLC, LLC	7(a)	6	$995K	2.4%	5	+1
12	Hawaii National Bank	7(a)	5	$1.3M	2.0%	1	+4
13	First Bank of the Lake	7(a)	4	$3.7M	1.6%	1	+3
14	The Huntington National Bank	7(a)	2	—	0.8%	4	-2
15	Commonwealth Business Bank	7(a)	2	—	0.8%	3	-1
16	Stearns Bank National Association	7(a)	2	—	0.8%	0	new
17	Valley Isle Community FCU	7(a)	2	—	0.8%	0	new
18	Harvest Small Business Finance, LLC	7(a)	1	—	0.4%	0	new
19	22nd State Bank, A Division of 22nd State Banking Company	7(a)	1	—	0.4%	1	0
20	CalPrivate Bank	7(a)	1	—	0.4%	0	new
21	Business Finance Capital	504	1	—	0.4%	2	-1
22	Grow America Fund, Incorporated	7(a)	1	—	0.4%	3	-2
23	FWBank	7(a)	1	—	0.4%	0	new
24	First Financial Bank	7(a)	1	—	0.4%	0	new
25	GBC International Bank	7(a)	1	—	0.4%	0	new
26	Bank Five Nine	7(a)	1	—	0.4%	1	0
27	Grasshopper Bank National Association	7(a)	1	—	0.4%	0	new
28	Sunflower Bank National Association	7(a)	1	—	0.4%	0	new
29	United Midwest Savings Bank National Association	7(a)	1	—	0.4%	1	0
30	Stone Bank	7(a)	1	—	0.4%	0	new
31	U.S. Bank, National Association	7(a)	1	—	0.4%	0	new

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2024	Change
1	Honolulu County	166	$52.7M	65.4%	155	+11
2	Maui County	46	$15.8M	18.1%	24	+22
3	Hawaii County	29	$10.1M	11.4%	34	-5
4	Kauai County	13	$2.4M	5.1%	20	-7

FY2025 against FY2024

Hawaii	FY2025	FY2024
7(a) approvals	231	220
7(a) dollars	$53.4M	$54.8M
Median 7(a) approval	$80K	$50K
504 approvals	23	13
504 dollars	$27.6M	$16.5M
Jobs supported, as reported	1,959	1,958

Questions and answers

Which lenders made the most SBA loans in Hawaii in FY2025?

Central Pacific Bank (89), Northeast Bank (33), Newtek Bank, National Association (23), Readycap Lending, LLC (19), Mortgage Capital Development Corporation (12). 31 lenders had at least one approval.

How many SBA loans were approved in Hawaii in FY2025?

254: 231 under 7(a) worth $53.4M and 23 under 504 worth $27.6M.

Which Hawaii counties had the most SBA approvals in FY2025?

Honolulu County (166), Maui County (46), Hawaii County (29), Kauai County (13).

When does FY2025 start and end?

The federal fiscal year 2025 runs from 1 October 2024 to 30 September 2025.

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