Feasibility Study Data for the Hilo-Kailua, HI Micro Area

Hilo-Kailua: what the record shows

The Hilo-Kailua micropolitan area logged 232 approved loans and $82.4 million in FY2017 to FY2026. Hilo-Kailua sits at 286 of 928 among areas ranked by loans. Hilo-Kailua loans center on $58,500, the median. For Hilo-Kailua, the middle half lies at $40,000 to $287,750. 0.28x is the Hilo-Kailua median set beside the national one. In Hilo-Kailua, 213 loans were 7(a) and 19 were 504. Loan Analytics withholds the Hilo-Kailua franchise share, since fewer than 30 loans stand behind it. Those 232 Hilo-Kailua loans carry $82.4 million.

Hilo-Kailua: classes and counties

In Hilo-Kailua, automotive mechanical repair leads at 13 loans. Limited-service restaurant follows with 10. Full-service restaurant follows with 8. That is the Hilo-Kailua class lead. Fourth in Hilo-Kailua is medical office, with 7 loans. Outside every class stand 165 Hilo-Kailua loans, so each Hilo-Kailua project is judged on its own facts. Hilo-Kailua consists of Hawaii County, HI, where SBA places 232 loans.

Hilo-Kailua: lenders in the record

Holders in Hilo-Kailua are the current holders of the loans. Hilo-Kailua holders under 7(a) include 12 loans at First Hawaiian Bank ($1.2 million) and 11 loans at Readycap Lending, LLC ($1.3 million). No Hilo-Kailua 504 lender meets the listing minimum. For a Hilo-Kailua borrower, the rows are context only. No Hilo-Kailua row states a holder's terms.

Hilo-Kailua: cancellations and charge-offs

Of Hilo-Kailua approvals from FY2017 to FY2024, 13.3% were cancelled, a floor. Treating undisbursed Hilo-Kailua loans as cancelled gives 16.6%, the ceiling. Hilo-Kailua charge-offs: 5.2% among 96 loans disbursed FY2017 to FY2021, a floor. Loan Analytics withholds the Hilo-Kailua five-year rate, since fewer than 30 loans stand behind it. Treat Hilo-Kailua rates as floors. Later events lift them, Hilo-Kailua included. Hilo-Kailua loans are placed by county name. For Hilo-Kailua, the July 2023 list governs. Hilo-Kailua omits loans with no county match. Hilo-Kailua totals count loans outside the tracked classes.

Hilo-Kailua: the feasibility questions

Hilo-Kailua approvals were thinnest in FY2020 (8 loans, $2.8 million) and heaviest in FY2017 (36 loans, $15.0 million). FY2026 closes the Hilo-Kailua series at 22 loans, $7.7 million. In Hilo-Kailua, demand testing starts with Hawaii County, HI and the businesses already serving it. The Hilo-Kailua median is $58,500. Set Hilo-Kailua budgets beside it; nationally it is 0.28x. Hilo-Kailua coverage cannot assume smooth sailing. Hilo-Kailua floors say why. The Hilo-Kailua appraiser reads local comparables. The Hilo-Kailua study reconciles them to cost. Absorption near Hawaii County, HI is tested for Hilo-Kailua on a slow case. Beside Hawaii County, HI findings, the Hilo-Kailua study lists what it could not test.