Financial assistance for employees affected by shutdown
Bank of Hawaii is offering financial assistance programs to help individuals who are federal employees or contract employees to the federal government, due to the partial government shutdown that began on Dec. 22.
Bank of Hawaii is offering three financial assistance programs:
• Personal loan program. Up to $5,000 loan amount at a fixed 3 percent interest rate for affected workers to help meet immediate financial needs. Terms will be for 27 months with no payments due during the first three months.
• Loan forbearance program. Affected workers may defer loan payments for up to three months for residential mortgages, home equity loans and home equity lines in amortization.
• Loan extension program. Affected workers may extend other direct installment or indirect loans, such as personal loans or auto loans, for up to three months.
Small business workshop Wednesday
The West Hawaii Small Business Development Center will be offering a workshop, “How to Start a Small Business in Hawaii,” from 9-11:30 a.m. Wednesday at Hale Iako in Suite 119, 73-970 Makako Bay Drive in Kailua-Kona on the NELHA campus.
Registration is $20.
Info: www.hisbdc.org or call 333-5000.