Hookahua-waiwai

OHA issues $500,000 loan to support Native Hawaiian owned business

HONOLULU (Dec. 29, 2016) - Before 2016 comes to a close, the OHA Native Hawaiian Revolving Loan Fund Program finalized a Hua Kanu business loan that provides $500,000 to Native Hawaiian business owner Michael Ching to expand his business, Hawaii Gourmet Cookies. This is the largest business loan that OHA has disbursed this year to support Native Hawaiian entrepreneurs. A signing ceremony was held at First Foundation, OHA's financial lending partner, at it's offices in Restaurant Row in Kakaʻako.  Ching says he will use the loan to improve business efficiency and update machinery used to bake his popular products lines such as…