Laulima Systems, LLC received a Paycheck Protection Program loan between $150,000 to 350,000 on May 7, according to the US Treasury Department.
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 |
