Central Pacific Bank
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Central Pacific Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 264 | $13.2M | $50K | 6.7% |
| 236118 | Residential Remodelers | 208 | $8.4M | $40K | 5.3% |
| 722513 | Limited-Service Restaurants | 192 | $11.4M | $59K | 4.9% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 168 | $7.0M | $41K | 4.3% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 168 | $7.1M | $42K | 4.3% |
| 722330 | Mobile Food Services | 152 | $5.4M | $35K | 3.9% |
| 238210 | Electrical Contractors | 128 | $5.4M | $43K | 3.2% |
| 713940 | Fitness and Recreational Sports Centers | 104 | $3.6M | $34K | 2.6% |
| 532111 | Passenger Car Rental | 88 | $2.5M | $28K | 2.2% |
| 561520 | Tour Operators | 88 | $4.8M | $55K | 2.2% |
Geographic Distribution
SBA lending activity for Central Pacific Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Hawaii (HI) | 3,936 | $258.3M | 99.8% |
| Texas (TX) | 8 | $8.0M | 0.2% |
Why Choose Central Pacific Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 3,944 SBA loans approved, totaling $266.3M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Residential Remodelers, Limited-Service Restaurants
- ✓Competitive Terms: Average interest rate of 8.85% with flexible term lengths averaging 60 months
- ✓Loan Range: Loan sizes from $10K to $2.5M, with an average of $68K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in HI, TX
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 Central Pacific Bank SBA lending
What types of businesses does Central Pacific Bank typically finance?
Central Pacific Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, residential remodelers, limited-service restaurants, plumbing, heating, and air-conditioning contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Central Pacific Bank's typical SBA loan terms?
Central Pacific Bank's SBA 7(a) loans typically feature an average interest rate of 8.85% and average term length of 60 months (approximately 5 years). Loan sizes range from $10K to $2.5M, with an average loan size of $68K.
Do I need a business valuation for a Central Pacific Bank SBA loan?
Yes, Central Pacific Bank 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 Central Pacific Bank compare to other SBA lenders?
Central Pacific Bank has originated 3,944 SBA loans totaling $266.3M since 2020. 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 Central Pacific Bank lend in?
Central Pacific Bank provides SBA 7(a) financing with particularly strong presence in HI, TX. 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.
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