Although the article correctly noted that Hawaii has a state-sponsored direct loan program, there are actually three loan programs for small business. The Hawaii Capital Loan Program caters to retailing, wholesaling, manufacturing, and service enterprises. The Small Fishing Vessel Loan Program supports fishermen with boats of less than five tons, and the Large Fishing Vessel Loan program assists in the construction, purchase, and repair of fishing vessels of five tons or more. All of these programs have an interest rate of 7.5% and have been very important while interest rates have been high. We also have an innovative Industry and Product Promotion Program that provides funds to small businesses for advertising and promoting their products both in Hawaii and in overseas markets.