Small business loans in Honolulu, HI
Short answer
The most active SBA lenders in Honolulu, HI since FY2024 are Central Pacific Bank (88 loans) and Northeast Bank (11). The median loan was $50,000, and half fell between $30,000 and $150,000. For free help, see the Hawaii SBDC. Source: SBA 7(a) loan data.
- SBA loans since FY2024
- 149
- approved since FY2024
- $37.9M
- median loan
- $50,000
- through SBA Express
- 60.4%
Lenders making SBA loans in Honolulu
Central Pacific Bank alone made 59% of the loans in Honolulu. The five largest lenders together made 77%.
| Lender | Loans | Share |
|---|---|---|
| Central Pacific Bank | 88 | 59.1% |
| Northeast Bank | 11 | 7.4% |
| BayFirst National Bank | 6 | 4.0% |
| Lendistry SBLC, LLCNon-bank lender | 5 | 3.4% |
| Live Oak Banking Company | 5 | 3.4% |
Share is the percent of all Honolulu loans in that period. Each name links to that lender's page for Hawaii where one exists.
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Local help near Honolulu
Honolulu borrowers can start with SBA's district office for Hawaii, an SBDC or SCORE.
40% of Honolulu borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.
SBA has one district office for Hawaii. Its page points to state and federal resources and to lenders in the area. The Hawaii SBDC gives free counseling across Hawaii.
- SBA Hawaii District Office (Honolulu)SBA district office
- Hawaii SBDC (University of Hawaii at Hilo)Small Business Development Center
- SCORE mentors in HawaiiBusiness mentoring
Alongside SBA loans, Hawaii runs two loan programs. The Hawaii page describes each, and the official pages are linked here.
Loan counts and sizes in Honolulu
Honolulu is the only Hawaii city with 100 or more SBA loans since FY2020. Nationally it is the 116th busiest of the 580 cities that reach 100 loans.
The 149 loans, 33.6% of the 444 in Hawaii, were approved for $37.9 million in all. The medianThe middle figure. Half the loans were larger and half were smaller. loan was $50,000, 67% below the national median of $150,300. Half of the loans fell between $30,000 and $150,000. The Hawaii median is $50,000.
| Measure | Honolulu | Hawaii | U.S. |
|---|---|---|---|
| Loans | 149 | 444 | 162,355 |
| Median loan | $50,000 | $50,000 | $150,300 |
| 25th percentile | $30,000 | $30,000 | $50,000 |
| 75th percentile | $150,000 | $178,875 | $500,000 |
| Via SBA Express | 60.4% | 52.9% | 35.8% |
| Lines of credit | 24.2% | 20.9% | 28.1% |
| Startups | 4.0% | 5.0% | 16.1% |
| Ownership changes | 6.0% | 5.0% | 10.4% |
| Median term | 61 months | 93 months | 10 years |
| Median spread | 3.0 | 3.0 | 2.75 |
| Charged off | 9.3% | 5.6% | 3.6% |
A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.
91% of the loans were $500,000 or less, the size SBA Express covers. 60.4% of all loans went through SBA Express, above the national 35.8%. Lines of credit were 24.2% of loans, below the national 28.1%.
Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.
By business age, 53.7% of loans went to businesses more than two years old and 36.2% to businesses two years old or younger. Startups received 4.0% and changes of ownership 6.0%. The national startup share is 16.1%.
Fiscal years run October to September. The last bar covers nine of its twelve months.
Volume fell 14% from FY2024 (69 loans) to FY2025 (59), the two latest full years. The busiest full year in the file was FY2024, with 69 loans. FY2026 already shows 21 loans through June 30.
Of the 86 loans Honolulu borrowers received in FY2020 to FY2022, 9.3% were charged offThe lender wrote the loan off as a loss because it was not being repaid. by June 30, 2026, against 3.6% nationally. That group is small, so treat the rate as rough. Lenders reported 1,326 jobs supported across the 149 loans since FY2024, about 8.9 per loan. SBA does not audit these estimates.
What businesses in Honolulu borrow for
Limited-Service Restaurants was the largest borrower group in Honolulu, with 13 loans or 8.7% of the total.
| Industry | Loans | Share | U.S. share |
|---|---|---|---|
| Limited-Service Restaurants | 13 | 8.7% | 3.3% |
| Full-Service Restaurants | 12 | 8.1% | 4.6% |
Share is the percent of all Honolulu loans in that period. Industry is the NAICS code on each loan. A name links to the Hawaii page for that industry where one exists.
A typical loan payment in Honolulu
The median Honolulu loan was $50,000 with a median term of 61 months.
The median variable-rate loan in Honolulu was priced at Prime plus 3.0 percentage points at approval. At today's Prime that spread works out to 10.00%. On $50,000 over 61 months, principal and interest would come to about $1,049 a month. That is arithmetic on past loans, not a rate a lender is offering.
| Loan | Amount | Monthly payment |
|---|---|---|
| 25th percentile loan | $30,000 | $629 |
| Median loan | $50,000 | $1,049 |
| 75th percentile loan | $150,000 | $3,147 |
Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.
SBA's rate ceiling for this loan size
SBA's maximum for a loan of $50,000 is Prime plus 6.5 percentage points, or 13.50% today. The median variable-rate loan here was priced 3.5 points under that ceiling. Source: 13 CFR § 120.214(d)(1); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).
Honolulu loans approved since FY2024 had a median starting rate of 10.5% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.
Run your own numbers: payments on a $50,000 loan and SBA Express payment calculator.
SBA 504 loans near Honolulu
Honolulu has 10 SBA 504 loans since FY2024, with $13.8 million in SBA and CDC dollars.
The median 504 loan in Honolulu was $1,253,500 in SBA and CDC dollars, 25% of the $5,000,000 program maximum. The bank's share of each project is separate and is not counted in these figures.
HEDCO Local Development Corporation is the one Certified Development CompanyA nonprofit that SBA certifies and regulates to arrange 504 loans together with a bank. (CDC) named on five or more loans, 29 since FY2020.
| Certified Development Company | 504 loans |
|---|---|
| HEDCO Local Development Corporation | 29 |
How a 504 loan is split
A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capitalMoney for day-to-day costs such as payroll, rent and inventory. Full definition or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a list of Certified Development Companies.
Honolulu in Hawaii
Honolulu made up 33.6% of Hawaii's SBA loans since FY2024.
Honolulu is the only Hawaii city with 100 or more SBA loans since FY2020. The Hawaii page covers all 444 loans in Hawaii.
Common questions about SBA loans in Honolulu
Which lenders make the most SBA loans in Honolulu?
Central Pacific Bank leads with 88 loans in Honolulu since FY2024. Northeast Bank (11) and BayFirst National Bank (6) follow. Only lenders with five or more Honolulu loans are counted.
Which industries get SBA loans in Honolulu?
Limited-Service Restaurants leads with 13 loans in Honolulu since FY2024. Full-Service Restaurants (12) follows.
How to read this
Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. How we build these pages.
Sources
- SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026
- SBA, 504 loans
- SBA, resource partners: SBDCs and SCORE
- SBA Hawaii District Office (Honolulu)
- Hawaii SBDC (University of Hawaii at Hilo)
- SCORE, Hawaii
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)
- sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)
- SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)
- 13 CFR § 120.214(d)(1); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)
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Cite this page: Small business loans in Honolulu, HI. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/hawaii-small-business-loans/honolulu/
Ask lending partners about a loan in Honolulu
Tell us what you need and we refer your request to lending partners.
Janover Capital LLC is not a lender and is not the SBA. The lender makes the credit decision. A lender or marketplace may pay us a referral fee if we connect you, at no cost to you. Advertiser disclosure.