Hawaii State Federal Credit Union
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Hawaii State Federal Credit Union · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621330 | Offices of Mental Health Practitioners (except Physicians) | 1 | $45K | $45K | 50.0% |
| 722310 | Food Service Contractors | 1 | $80K | $80K | 50.0% |
Geographic Distribution
SBA lending activity for Hawaii State Federal Credit Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Hawaii (HI) | 2 | $125K | 100.0% |
Why Choose Hawaii State Federal Credit Union?
Based on SBA 7(a) lending track record from 2009-2016
- ✓Proven Track Record: 2 SBA loans approved, totaling $125K in financing
- ✓Industry Expertise: Specialized focus on Offices of Mental Health Practitioners (except Physicians), Food Service Contractors
- ✓Competitive Terms: Average interest rate of 5.88% with flexible term lengths averaging 48 months
- ✓Loan Range: Loan sizes from $45K to $80K, with an average of $63K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in HI
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 Hawaii State Federal Credit Union SBA lending
What types of businesses does Hawaii State Federal Credit Union typically finance?
Hawaii State Federal Credit Union specializes in SBA 7(a) lending to specific industries including offices of mental health practitioners (except physicians), food service contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Hawaii State Federal Credit Union's typical SBA loan terms?
Hawaii State Federal Credit Union's SBA 7(a) loans typically feature an average interest rate of 5.88% and average term length of 48 months (approximately 4 years). Loan sizes range from $45K to $80K, with an average loan size of $63K.
Do I need a business valuation for a Hawaii State Federal Credit Union SBA loan?
Yes, Hawaii State Federal Credit Union 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 Hawaii State Federal Credit Union compare to other SBA lenders?
Hawaii State Federal Credit Union has originated 2 SBA loans totaling $125K since 2009. 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 Hawaii State Federal Credit Union lend in?
Hawaii State Federal Credit Union provides SBA 7(a) financing with particularly strong presence in HI. 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.
Get your certified valuation from Fair Market Value.