SBA data · Hawaii
SBA lending in Hawaii
4,602 loans worth $927.1M have been approved for Hawaii projects since FY2010 - the #48 state by SBA dollars, 0.2% of the national total.
State rank
#48
by dollars approved
Approved
$927.1M
FY2010 onward
Loans
4,602
Median loan
$50,000
-72% vs national
Median 7(a) rate
7.00%
Jobs supported
34,054
Lender-reported
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Who lends here
The most active SBA lenders in Hawaii
Ranked by dollars approved for projects in this state. Ranking is computed from federal data and cannot be purchased.
| # | Lender | Approved in HI | Loans | Avg loan | Share |
|---|---|---|---|---|---|
| 1 | HEDCO Local Development Corporation | $316.3M | 517 | $611,826 | |
| 2 | Central Pacific Bank | $82.1M | 1,532 | $53,558 | |
| 3 | First Hawaiian Bank | $50.8M | 381 | $133,386 | |
| 4 | Bank of Hawaii | $49.9M | 436 | $114,555 | |
| 5 | Live Oak Banking Company | $41.9M | 36 | $1,162,944 | |
| 6 | Mortgage Capital Development Corporation | $26.8M | 22 | $1,220,364 | |
| 7 | Newtek Bank | $26.4M | 51 | $518,294 | |
| 8 | American Savings Bank | $26.0M | 525 | $49,485 | |
| 9 | Celtic Bank Corporation | $24.7M | 52 | $475,448 | |
| 10 | Hawaii National Bank | $17.9M | 77 | $232,686 | |
| 11 | Commonwealth Business Bank | $17.2M | 36 | $477,278 | |
| 12 | Newtek Small Business Finance, Inc. | $13.1M | 23 | $569,583 |
By sector in Hawaii
- Restaurants & Hotels732 · $148.1M
- Construction807 · $130.0M
- Health Care384 · $90.0M
- Retail323 · $85.6M
- Professional Services389 · $73.7M
- Wholesale250 · $69.5M
- Other Services329 · $56.9M
- Administrative & Waste273 · $40.8M
- Transportation161 · $39.4M
- Manufacturing126 · $37.4M
- Arts & Recreation118 · $33.7M
- Finance & Insurance97 · $19.0M
Most-financed industries
Approvals by fiscal year
Gross approval dollars in Hawaii. The final bar is a partial fiscal year.
Loan sizes in Hawaii
- Under $50K36%
- $50K - $150K35%
- $150K - $350K14%
- $350K - $1M10%
- $1M - $2M3%
- Over $2M1%
SBA lending in Hawaii: common questions
- How many SBA loans are approved in Hawaii?
- 4,602 SBA 7(a) and 504 loans totalling $927,141,100 have been approved for projects in Hawaii since fiscal year 2010, ranking it #48 among states and territories by dollars approved - 0.2% of all SBA lending nationally.
- Which lenders make the most SBA loans in Hawaii?
- By dollars approved in Hawaii, the most active lenders are HEDCO Local Development Corporation, Central Pacific Bank, First Hawaiian Bank, Bank of Hawaii, Live Oak Banking Company. Volume is not a recommendation - a lender's fit depends on your industry, loan size, and credit profile.
- What is the typical SBA loan size in Hawaii?
- The median gross approval in Hawaii is $50,000, 72% below the national median of $180,000. Half of all loans in the state fall between $15,000 and $499,000.
- Do I need to use a lender based in Hawaii?
- No. SBA lenders can and routinely do lend across state lines, and several of the largest national 7(a) lenders have no branch presence at all. The lenders listed on this page are those with the most approved dollars for projects located in Hawaii, wherever they are headquartered.
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
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