SBA lending by state
SBA Lending in Hawaii
In Hawaii, SBA lenders funded 1,484 7(a) and 504 loans totaling $578.3M, an average of $390K per loan. The most active lender is HEDCO Local Development Corporation, and the most-funded industry is Construction.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
Funded loans
1,484
Total volume
$578.3M
Average loan size
$390K
Most active SBA lenders in Hawaii
| Lender | Loans | Total volume |
|---|---|---|
| HEDCO Local Development Corporation | 516 | $316.2M |
| Central Pacific Bank | 503 | $32.8M |
| Mortgage Capital Development Corporation | 21 | $25.5M |
| Newtek Bank, National Association | 44 | $24.9M |
| Live Oak Banking Company | 22 | $23.8M |
| Celtic Bank Corporation | 26 | $16.4M |
| Commonwealth Business Bank | 13 | $12.5M |
| The Huntington National Bank | 17 | $10.7M |
Top industries funded in Hawaii
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 276 | $90.8M |
| Accommodation and Food Services | 229 | $78.4M |
| Retail Trade | 154 | $72.0M |
| Health Care and Social Assistance | 144 | $62.5M |
| Wholesale Trade | 74 | $47.2M |
| Other Services | 118 | $40.4M |
| Professional and Technical Services | 112 | $39.7M |
| Manufacturing | 65 | $36.6M |
SBA lending in Hawaii by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 36 | $21.5M |
| 2011 | 50 | $25.2M |
| 2012 | 63 | $26.6M |
| 2013 | 63 | $27.6M |
| 2014 | 30 | $19.1M |
| 2015 | 38 | $22.9M |
| 2016 | 34 | $24.2M |
| 2017 | 36 | $24.5M |
| 2018 | 30 | $19.7M |
| 2019 | 28 | $19.1M |
| 2020 | 102 | $34.1M |
| 2021 | 137 | $45.5M |
| 2022 | 131 | $38.4M |
| 2023 | 160 | $58.4M |
| 2024 | 233 | $71.3M |
| 2025 | 255 | $81.2M |
| 2026 | 58 | $18.9M |
Sources and disclaimer. Figures are computed from the
U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31); see our
methodology. SBA Loan Index is
not affiliated with the SBA and is not a lender, broker, or financial advisor.