SBA Lenders in Hawaii
Top lenders ranked by real SBA lending data. See who's most active in Hawaii across deal count, loan size, and pricing.
What Borrowers Should Know
Hawaii's median 7(a) spread of P+2.89% runs 14 basis points higher than the national median of P+2.75%. With 4,423 total deals and $898M in volume, this suggests lenders may be pricing in higher risk or operating costs specific to the island market—a real cost you should factor into your loan decision compared to borrowers on the mainland.
Central Pacific Bank dominates with 1,464 deals—nearly one-third of all SBA deals in Hawaii—while the next four lenders combined account for 1,828 deals. This concentration means your borrowing experience and terms will likely depend heavily on whether you work with CPB or seek out one of the smaller 107 alternative lenders, each with different appetites and underwriting standards.
Your average SBA loan in Hawaii will be $203,010—substantially smaller than typical mainland markets. This reflects either smaller average business funding needs or more conservative lending limits in Hawaii's economy. If you're seeking a larger loan, you may face tighter scrutiny or need to shop across multiple lenders to find capacity.
Total SBA Loans
4,423
Active Lenders
111
Avg Deal Size
$202K
Total Volume
$893.1M
Top 10 Lenders in Hawaii
Ranked by total deal count across all SBA programs.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | Central Pacific Bank | Bank | 1,464 | $54K | P + 3.25%ABOVE AVG | |
| 2 | HEDCO Local Development Corpor | CDC/504 | 514 | $613K | — | |
| 3 | American Savings Bank FSB | Bank | 511 | $50K | P + 3.00%ABOVE AVG | |
| 4 | Bank of Hawaii | Bank | 426 | $115K | P + 3.25%ABOVE AVG | |
| 5 | First Hawaiian Bank | Bank | 377 | $134K | P + 2.38%AVERAGE | |
| 6 | HawaiiUSA FCU | Bank | 287 | $33K | P + 2.00%GOOD | |
| 7 | Hawaii National Bank | Bank | 74 | $239K | P + 2.25%GOOD | |
| 8 | Gather FCU | Bank | 63 | $172K | P + 4.00%HIGH | |
| 9 | BayFirst National Bank | Bank | 63 | $177K | P + 2.75%AVERAGE | |
| 10 | Northeast Bank | Bank | 59 | $146K | P + 2.75%AVERAGE |
Top Industries in Hawaii
SBA lending activity by industry segment.