Feasibility Study Data for the Urban Honolulu, HI Metro Area

Urban Honolulu: what the area shows

Urban Honolulu, HI is a metropolitan area, and its 1,197 SBA approvals in FY2017 to FY2026 carried $347.1 million in gross dollars. Urban Honolulu ranks as an upper-tier area, 81 of 928 by loan count. Urban Honolulu is read whole in Urban Honolulu, HI, every class counted. A slice of HI is not how Urban Honolulu is treated.

Urban Honolulu: half of loans run $30,000 to $250,000, around a median of $50,000. At 0.24x the national median, Urban Honolulu runs well below the national level; a Urban Honolulu request borrowed from elsewhere may look large in Urban Honolulu. In Urban Honolulu, HI the 7(a) count is 1,056 and the 504 count is 141, which puts 7(a) ahead in Urban Honolulu. 4.5% of Urban Honolulu loans went to franchised businesses, so a Urban Honolulu study names the brand, if any, for Urban Honolulu.

Urban Honolulu: classes, places and lenders

Urban Honolulu's tracked classes, largest first: 89 loans in full-service restaurant; 59 loans in limited-service restaurant; 32 loans in coffee shop and snack bar; 21 loans in automotive mechanical repair. 880 Urban Honolulu loans sit outside the tracked classes, so Urban Honolulu operating businesses show up in these totals. Urban Honolulu's busiest counties are Honolulu County, HI with 1,197, so a Urban Honolulu project's boundary matters when Urban Honolulu borrowers cite area-wide figures. Central Pacific Bank ($38.1 million, 558 loans); First Hawaiian Bank ($10.2 million, 95 loans); Northeast Bank (ME) ($7.2 million, 47 loans) lead 7(a) lending in Urban Honolulu. HEDCO Local Development Corporation ($106.6 million, 124 loans) lead 504 lending in Urban Honolulu. SBA keeps records of Urban Honolulu loans each lender holds or held; Central Pacific Bank leads with 558, and no Urban Honolulu lender is judged.

Urban Honolulu ended FY2026 at 81 loans, lower than FY2017's 203; the peak came in FY2017 (203 loans, $39.6 million) and the low in FY2020 (66). Urban Honolulu cancellation after approval runs at 8.2% as a floor for Urban Honolulu approvals, FY2017 to FY2024, and 9.1% as a ceiling that counts Urban Honolulu loans still undisbursed as cancelled. 7.8% is the floor for Urban Honolulu loans charged off among the 548 disbursed in FY2017 to FY2021. 4.7% of the Urban Honolulu cohort was charged off in five years. Urban Honolulu faces a geography limit: Urban Honolulu, HI uses the July 2023 definition; 1,197 loans are matched by county, and unplaceable Urban Honolulu loans are omitted, so Urban Honolulu counts and rates are floors.

Urban Honolulu: the study questions

A Urban Honolulu feasibility study begins with Urban Honolulu demand from the right counties: Honolulu County, HI leads the loan counts, though Urban Honolulu is wider. If a Urban Honolulu concept resembles full-service restaurant, Urban Honolulu offers size and lender precedent; other Urban Honolulu concepts must rest on their own Urban Honolulu evidence. Local bids set Urban Honolulu costs; Urban Honolulu debt service coverage then needs tests at $50,000 and at $250,000. Urban Honolulu appraisals compare within one submarket of Urban Honolulu, HI, not across averages. Nothing printed for Urban Honolulu predicts approval; each Urban Honolulu lender still reviews a study.