Top Industries Financed
- Offices of Physicians (except Mental Health Specialists)
- All Other Specialty Trade Contractors
- Full-Service Restaurants
- Electrical Contractors
- General Automotive Repair
Quick Summary
HEDCO Local Development Corpor is an SBA-certified Certified Development Company (CDC) headquartered in Honolulu, Hawaii. Since 2010, they have approved 541 SBA 504 loans totaling $335.5M, with an average loan size of $620K. They serve businesses across 2 states.
About HEDCO Local Development Corpor
HEDCO Local Development Corpor is an SBA-certified Certified Development Company (CDC) headquartered in Honolulu, Hawaii. Since 2010, they have approved 541 SBA 504 loans totaling $335.5M, with an average loan size of $620K. They serve businesses across 2 states.
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Frequently Asked Questions
What does HEDCO Local Development Corpor do?
HEDCO Local Development Corpor is an SBA-certified Certified Development Company (CDC) based in Honolulu, Hawaii. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. HEDCO Local Development Corpor handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has HEDCO Local Development Corpor approved?
According to SBA FOIA public records, HEDCO Local Development Corpor has approved 541 SBA 504 loans totaling $335.5M since 2010. Their average loan size is $620K.
What states does HEDCO Local Development Corpor serve?
HEDCO Local Development Corpor serves businesses in 2 states: GU, Hawaii.
How do I apply for an SBA 504 loan through HEDCO Local Development Corpor?
To apply for an SBA 504 loan through HEDCO Local Development Corpor, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
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Contact HEDCO Local Development Corpor
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