HEDCO Local Development approved 57 SBA loans worth $52.5M between October 2021 and June 2026, ranking #513 of 2,283 SBA lenders nationally by loan count. Its median loan was $616,000, and 4% went to startups or businesses under two years old. It lent in 2 states, most often in Hawaii, and its most financed industry was construction.
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 10 | $586,500 | |
| Health care and social assistance | 10 | $627,500 | |
| Other services (repair, personal care) | 9 | $423,000 | |
| Retail | 6 | $1,312,000 | |
| Restaurants and hotels | 5 | $886,000 | |
| Wholesale trade | 4 | $2,209,500 | |
| Arts, entertainment and recreation | 3 | $159,000 | |
| Professional and technical services | 3 | $222,000 | |
| Education | 2 | $201,500 | |
| Administrative and support services | 2 | $970,500 |