Bank of Hawaii
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bank of Hawaii · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621210 | Offices of Dentists | 36 | $5.4M | $149K | 1.9% |
| 812112 | Beauty Salons | 36 | $2.4M | $68K | 1.9% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 28 | $3.3M | $118K | 1.5% |
| 236115 | New Single-Family Housing Construction (except For-Sale Builders) | 26 | $1.9M | $73K | 1.3% |
| 811111 | General Automotive Repair | 23 | $1.7M | $74K | 1.2% |
| 561730 | Landscaping Services | 23 | $2.0M | $85K | 1.2% |
| 487210 | Scenic and Sightseeing Transportation, Water | 18 | $2.1M | $115K | 0.9% |
| 722511 | Full-Service Restaurants | 18 | $2.8M | $158K | 0.9% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 17 | $2.5M | $150K | 0.9% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 16 | $1.4M | $86K | 0.8% |
Geographic Distribution
SBA lending activity for Bank of Hawaii by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Hawaii (HI) | 1,542 | $170.0M | 79.9% |
| GU (GU) | 285 | $26.0M | 14.8% |
| California (CA) | 23 | $6.5M | 1.2% |
| Arizona (AZ) | 28 | $4.2M | 1.5% |
| MP (MP) | 23 | $3.2M | 1.2% |
| AS (AS) | 10 | $1.2M | 0.5% |
| TQ (TQ) | 5 | $1.0M | 0.3% |
| PW (PW) | 8 | $308K | 0.4% |
| Missouri (MO) | 1 | $200K | 0.1% |
| Michigan (MI) | 1 | $100K | 0.1% |
| Oregon (OR) | 1 | $60K | 0.1% |
| FM (FM) | 1 | $50K | 0.1% |
| New Mexico (NM) | 1 | $35K | 0.1% |
Why Choose Bank of Hawaii?
Based on SBA 7(a) lending track record from 1991-2022
- ✓Proven Track Record: 1,929 SBA loans approved, totaling $212.9M in financing
- ✓Industry Expertise: Specialized focus on Offices of Dentists, Beauty Salons, Offices of Physicians (except Mental Health Specialists)
- ✓Competitive Terms: Average interest rate of 6.68% with flexible term lengths averaging 58 months
- ✓Loan Range: Loan sizes from $5K to $2.4M, with an average of $110K
- ✓Nationwide Reach: Active lending in 13 states, with strong presence in HI, GU, AZ
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Bank of Hawaii SBA lending
What types of businesses does Bank of Hawaii typically finance?
Bank of Hawaii specializes in SBA 7(a) lending to specific industries including offices of dentists, beauty salons, offices of physicians (except mental health specialists), new single-family housing construction (except for-sale builders). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bank of Hawaii's typical SBA loan terms?
Bank of Hawaii's SBA 7(a) loans typically feature an average interest rate of 6.68% and average term length of 58 months (approximately 5 years). Loan sizes range from $5K to $2.4M, with an average loan size of $110K.
Do I need a business valuation for a Bank of Hawaii SBA loan?
Yes, Bank of Hawaii typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Bank of Hawaii compare to other SBA lenders?
Bank of Hawaii has originated 1,929 SBA loans totaling $212.9M since 1991. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Bank of Hawaii lend in?
Bank of Hawaii provides SBA 7(a) financing with particularly strong presence in HI, GU, AZ, MP, CA. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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