Sinaloa Hawaiian Tortillas, Inc.
Sinaloa Hawaiian Tortillas, Inc., located in Kapolei, Hawaii, operates in tortilla manufacturing. The company was approved for an SBA 504 loan of $5.5 million, financed through Bank of Hawaii and The Mortgage Capital Development Corporation, with an approval date of December 9, 2024.
SBA 504 loan, approved Dec 9, 2024
$5,500,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $5,500,000
- Bank portion
- $7,222,000
- Estimated project size
- $14,135,556 (estimated)
- Estimated owner equity
- $1,413,556 (estimated, about 10% of the project)
- Bank lender
- Bank of Hawaii, Honolulu, HI
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 9, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 311830, Tortilla Manufacturing
- Project location
- Honolulu County, HI
- SBA district office
- Hawaii District Office
- Congressional district
- HI-1
- Collateral
- Yes
Estimated share of project by source
Bank 51% SBA (CDC) 39% Owner 10%
- Average expansion loan in Tortilla Manufacturing: $4,290,500.
- 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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