There were 39 PPP loans issued in Hawaii during the week ending May 10. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
| Recipients | Date Received | Dollar Amount Received |
|---|---|---|
| Kula Lodge and Restaurant, Inc. | 2020-05-04 | $350,000-1 million |
| Akagi Builders and Painters, LLC | 2020-05-04 | $150,000-350,000 |
| Diamond Head Memorial Park Association, Limited | 2020-05-04 | $150,000-350,000 |
| Education Dang Machine Works, Inc. | 2020-05-04 | $150,000-350,000 |
| Hawaii Pacific Baptist Convention | 2020-05-04 | $150,000-350,000 |
| Jamil S Sulieman, Inc. , M.D. | 2020-05-04 | $150,000-350,000 |
| Nakamura, Oyama & Associates, Inc. | 2020-05-04 | $150,000-350,000 |
| Sanford's Service Center, Inc. | 2020-05-04 | $150,000-350,000 |
| Shinco Construction, LLC | 2020-05-04 | $150,000-350,000 |
| Cinnamons, LLLP | 2020-05-05 | $150,000-350,000 |
| Kikuchi Corporation | 2020-05-05 | $150,000-350,000 |
| Michael Marcum Diabetes Campaign, Inc. | 2020-05-05 | $150,000-350,000 |
| Nalu Kai. , Incorporated | 2020-05-05 | $150,000-350,000 |
| T. H. Y. & Associates, Inc. | 2020-05-05 | $150,000-350,000 |
| Kona Transportation Company, Inc. | 2020-05-06 | $1-2 million |
| Nada, Ono | 2020-05-06 | $350,000-1 million |
| Cadmus Properties Corporation | 2020-05-06 | $150,000-350,000 |
| Central Pacific Repair, LLC | 2020-05-06 | $150,000-350,000 |
| H&V Smiles, LLC | 2020-05-06 | $150,000-350,000 |
| Hang Ten Rigging Limited Liability Compa | 2020-05-06 | $150,000-350,000 |
| Heaven's Helpers, Inc. | 2020-05-06 | $150,000-350,000 |
| JC & Yd, LLLC | 2020-05-06 | $150,000-350,000 |
| JL Professional Services, LLC | 2020-05-06 | $150,000-350,000 |
| Lemke Chinen & Tanaka CPA, Inc. | 2020-05-06 | $150,000-350,000 |
| Calvins Plumbing, Inc. | 2020-05-07 | $350,000-1 million |
| KN Surveying, LLC | 2020-05-07 | $150,000-350,000 |
| Korean Christian Church | 2020-05-07 | $150,000-350,000 |
| Laulima Systems, LLC | 2020-05-07 | $150,000-350,000 |
| Paesano Ristorante Italiano, Inc. | 2020-05-07 | $150,000-350,000 |
| The Kona Coffee and Tea Company, Inc. | 2020-05-07 | $150,000-350,000 |
| U. S. Pacific, Inc. | 2020-05-07 | $150,000-350,000 |
| Aecos, Inc. | 2020-05-08 | $150,000-350,000 |
| Island Creations Construction, LLC | 2020-05-08 | $150,000-350,000 |
| Soto Mission of Hawaii | 2020-05-08 | $150,000-350,000 |
| Valenti Brothers Graphics, Ltd. | 2020-05-08 | $150,000-350,000 |
| KT Protection Services | 2020-05-09 | $350,000-1 million |
| Belluna Honolulu, LLC | 2020-05-09 | $150,000-350,000 |
| Kauai Community Health Alliance | 2020-05-10 | $150,000-350,000 |
| Mauna Kea Roofing, LLC | 2020-05-10 | $150,000-350,000 |