CPN Investments, LLC
CPN Investments, LLC, located in Hilo, Hawaii, is classified under NAICS 484110 for general freight trucking, local. The company financed real estate or equipment through an SBA 504 loan with a SBA portion of $2,812,000, approved on June 9, 2024, through lender First Hawaiian Bank and certified development company HEDCO Local Development Corporation.
SBA 504 loan, approved Jun 9, 2024
$2,812,000 SBA portionCDC: HEDCO Local Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,812,000
- Bank portion
- $3,437,500
- Estimated project size
- $6,943,889 (estimated)
- Estimated owner equity
- $694,389 (estimated, about 10% of the project)
- Bank lender
- First Hawaiian Bank, Honolulu, HI
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- June 9, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Business type
- Corporation
- NAICS
- 484110, General Freight Trucking, Local
- Project location
- Hawaii County, HI
- SBA district office
- Hawaii District Office
- Congressional district
- HI-2
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 72% of expansion loans in General Freight Trucking, Local on this site.
- Average expansion loan in General Freight Trucking, Local: $2,373,915.
- Average expansion loan in Hawaii: $1,992,350.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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