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Certified development company · Honolulu, HI

HEDCO Local Development: SBA lending profile

HEDCO Local Development Corporation · SBA 504 loans, October 2021 to June 30, 2026 · Updated October 15, 2026
57
SBA loans approved
$52.5M
Total approved
$616,000
Median loan
2
States lent in
4%
To startups
#513
National rank by loans

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.

SBA loans per fiscal year

0132740FY14: 32 loansFY14FY15: 38 loansFY1538FY16: 36 loansFY16FY17: 38 loansFY17FY18: 31 loansFY18FY19: 28 loansFY19FY20: 27 loansFY20FY21: 28 loansFY21FY22: 22 loansFY22FY23: 10 loansFY23FY24: 11 loansFY24FY25: 10 loansFY25FY26 (Oct to Jun): 4 loansFY264
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where HEDCO Local Development lends

StateLoansApprovedMedian loanRank in state
Hawaii55$50.2M$598,000#3
Guam2$2.3M$1,168,000#3

Industries HEDCO Local Development finances

IndustryLoansShareMedian loan
Construction10
18%
$586,500
Health care and social assistance10
18%
$627,500
Other services (repair, personal care)9
16%
$423,000
Retail6
11%
$1,312,000
Restaurants and hotels5
9%
$886,000
Wholesale trade4
7%
$2,209,500
Arts, entertainment and recreation3
5%
$159,000
Professional and technical services3
5%
$222,000
Education2
4%
$201,500
Administrative and support services2
4%
$970,500
Loan size mix
  • Under $150,0004%
  • $150,000 to $500,00035%
  • $500,000 to $2 million54%
  • $2 million and up7%
Loan programs used
  • 504 Basic100%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.