Verizon expands Kaua‘i service Verizon Wireless has expanded its wireless broadband network in the Hawaiian Islands. On Kaua‘i, that means better service near the Pacific Missile Range Facility and in Waimea. “The broadband network expansion has something for everyone on
Verizon expands Kaua‘i service
Verizon Wireless has expanded its wireless broadband network in the Hawaiian Islands. On Kaua‘i, that means better service near the Pacific Missile Range Facility and in Waimea.
“The broadband network expansion has something for everyone on the go,” Mark Yamauchi, director of Verizon Wireless sales in Hawai‘i, said in a press release. “BroadbandAccess lets our business customers experience a truly untethered mobile office experience.”
For more information about Verizon products and services, call (800) 2 JOIN IN or visit www.verizonwireless.com.
Class to explain legal aspects of the music industry
The Kaua‘i Small Business Development Center will present a seminar, “Legal Aspects of the Music Business: Contracts, Rights, and Royalties” from 9 a.m. to noon on Nov. 30 at the Kauai Veterans Center.
The workshop is geared toward musicians, songwriters, composers, recording companies, music publishers, Web site and game designers, other visual artists, and their managers
Topics to be discussed include contracts, intellectual property rights in music and management of those rights by contractual provisions, “indie” publishing, royalty accounting and electronic distribution.
Presenter George Darby is a technology, intellectual property and registered patent attorney based in Mililani, with practices in Hawai‘i, Japan and the Mainland. His legal clientele includes performing artists, recording companies and music publishers.
Free, 15-minute, one-on-one consultations will follow. Only four consultation slots are available and will be assigned at the seminar. Registration costs $30. The deadline to register is Nov. 21.
For more information, call 246-1748 or visit www.hawaii-sbdc.org.
SBA records strong lending performance
The Hawai‘i office of the U.S. Small Business Administration announced a 35 percent increase in loans over the previous fiscal year. Statistics indicate that 26 financial institutions provided SBA financing to 407 borrowers for more than $54.5 million using the 7(a) and 504 loan programs.
“Our lending results for FY 2007 are extremely encouraging, particularly when we see more activity from more lenders, many that are new to our territory, including several credit unions and several Mainland banks,” Andrew Poepoe, SBA district director, said in a press release.
Bank of Hawaii led the way this year by a decisive margin, with 93 loans for a total loan volume of $6.4 million, securing the top SBA Lender of the Year title in its category. This is the fifth consecutive year for the bank to claim the top spot. Central Pacific Bank claimed first place for the next category of banks by providing $2.86 million to 31 small-business borrowers. Local banks are recognized for their SBA lending in two size categories based on total volume of their small business loan portfolio.
First Hawaiian Bank turned in a solid performance with 42 7(a) guaranteed loans for more than $5.5 million, increasing both the number of SBA loans and dollars the bank provided to small businesses from the previous year. American Savings Bank approved 24 loans, more than doubling their number of SBA loans and almost tripling the dollar volume from 2006. Hawaii National Bank and Ohana Pacific each ended the federal fiscal year with six SBA 7(a) loans. Hawaii Community Federal Credit Union, a new SBA lender this year, made five small business loans.
For more information, contact the U.S. Small Business Administration at 541-2990 or visit www.sba.gov for details.
— Staff reports
