Big Island Distributing
Big Island Distributing is located in Keaau, HI, and the SBA lists its industry as General Line Grocery Merchant Wholesalers. It was approved for an SBA 7(a) loan of $1,140,000 for a change of ownership on March 10, 2026.
SBA 7(a) loan, change of ownership, approved Mar 10, 2026
- Gross approval
- $1,140,000
- SBA-guaranteed amount
- $855,000 (75% of the approval)
- Lender
- Lendistry SBLC, LLC, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 10, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $14,908 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 424410, General Line Grocery Merchant Wholesalers
- Project location
- Hawaii County, HI
- SBA district office
- Hawaii District Office
- Congressional district
- HI-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 29% of acquisition loans in General Line Grocery Merchant Wholesalers on this site.
- Average acquisition loan in General Line Grocery Merchant Wholesalers: $2,118,293.
- Average acquisition loan in Hawaii: $1,359,741.
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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