BO
SBA 7(a) franchise lending portfolio
Bank of Hope
Risk rating: Average
- Total loans
- 947
- Loan volume
- $1.0B
- Avg loan size
- $1.1M
- Charge-off rate
- 13.3%
- vs 16.0% national
Charged off
104
Avg interest
6.04%
Franchises funded
341
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Super 8 | 37 | $82.0M | N/A |
| Subway Sandwich Shop | 35 | $13.2M | 5.7% (good) |
| Quiznos | 32 | $5.5M | 37.5% (high risk) |
| Days Inn | 27 | $51.1M | 0.0% (excellent) |
| Chevron (gas Station) | 23 | $24.6M | 5.3% (good) |
| Shell Service Station | 20 | $15.1M | 12.5% (average) |
| Baskin-Robbins 31 Ice Cream | 17 | $2.9M | 17.6% (elevated) |
| Best Western Inn | 16 | $44.9M | 0.0% (excellent) |
| Americas Best Value Inn (f/K/A | 12 | $19.9M | 0.0% (excellent) |
| Quality Inn/Quality Suites, Ho | 11 | $32.1M | N/A |
| Surf City Squeeze | 10 | $975K | 10.0% (average) |
| Union 76 Oil | 10 | $11.1M | N/A |
| Denny's Restaurant | 9 | $4.8M | N/A |
| Cold Stone Creamery, Inc. | 8 | $1.5M | N/A |
| Choice Hotels International In | 8 | $15.8M | N/A |
| Howard Johnson | 8 | $14.2M | N/A |
| The UPS Store (f/k/a Mail Box | 8 | $2.7M | N/A |
| Comfort/ Comfort Inn & Suites/ | 8 | $27.0M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 5 |
| FY1994 | 2 |
| FY1995 | 5 |
| FY1996 | 6 |
| FY1997 | 16 |
| FY1998 | 15 |
| FY1999 | 12 |
| FY2000 | 26 |
| FY2001 | 14 |
| FY2002 | 25 |
| FY2003 | 48 |
| FY2004 | 34 |
| FY2005 | 58 |
| FY2006 | 51 |
| FY2007 | 39 |
| FY2008 | 31 |
| FY2009 | 27 |
| FY2010 | 31 |
| FY2011 | 37 |
| FY2012 | 27 |
| FY2013 | 44 |
| FY2014 | 45 |
| FY2015 | 55 |
| FY2016 | 47 |
| FY2017 | 29 |
| FY2018 | 48 |
| FY2019 | 26 |
| FY2020 | 18 |
| FY2021 | 23 |
| FY2022 | 30 |
| FY2023 | 21 |
| FY2024 | 15 |
| FY2025 | 27 |
| FY2026 | 10 |
SBA 7(a) · charge-off rate by approval year
Bank of Hope: below all franchise loans in 17 of 26 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge; recent years are too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1992 | 5 | 3 | Too few |
| 1995 | 5 | 0 | Too few |
| 1996 | 6 | 0 | Too few |
| 1997 | 16 | 5 | 31.2% |
| 1998 | 15 | 1 | 6.7% |
| 1999 | 12 | 0 | 0.0% |
| 2000 | 26 | 5 | 19.2% |
| 2001 | 14 | 1 | 7.1% |
| 2002 | 25 | 1 | 4.0% |
| 2003 | 48 | 1 | 2.1% |
| 2004 | 34 | 9 | 26.5% |
| 2005 | 55 | 15 | 27.3% |
| 2006 | 49 | 14 | 28.6% |
| 2007 | 38 | 13 | 34.2% |
| 2008 | 30 | 12 | 40.0% |
| 2009 | 26 | 6 | 23.1% |
| 2010 | 31 | 5 | 16.1% |
| 2011 | 37 | 1 | 2.7% |
| 2012 | 24 | 2 | 8.3% |
| 2013 | 41 | 0 | 0.0% |
| 2014 | 40 | 1 | 2.5% |
| 2015 | 45 | 3 | 6.7% |
| 2016 | 34 | 0 | 0.0% |
| 2017 | 25 | 0 | 0.0% |
| 2018 | 40 | 2 | 5.0% |
| 2019 | 21 | 1 | 4.8% |
| 2020 | 12 | 2 | 16.7% |
| 2021 | 10 | 0 | 0.0% |
| 2022 | 10 | 0 | 0.0% |
| 2023 | 3 | 1 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
45115.2% (elevated)
11312.5% (average)
1126.0% (good)
5410.0% (average)
326.7% (good)
2222.2% (high risk)
2020.0% (high risk)
190.0% (excellent)
157.1% (good)
100.0% (excellent)
Portfolio summary
Total funded$1.0B
Charged off104 of 947
Risk tierAverage
Avg rate6.04%
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Charge-off rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Risk ratings: Excellent (<5%), Good (5-10%), Average (10-15%), Elevated (15-20%), High Risk (>20%).
Frequently asked questions
- How many SBA 7(a) franchise loans has Bank of Hope originated?
- 947 loans totaling $1036.8M. The portfolio carries a 13.3% charge-off rate, earning a “Average” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Bank of Hope's rate of 13.3% is below the national rate.
- Where does this lending data come from?
- SBA 7(a) loan records released under the Freedom of Information Act. Each record carries approval date, amount, lender, business type, NAICS code, location, and outcome. See methodology.
- Which franchise brands does Bank of Hope fund the most?
- The “Top franchise exposures” table above lists the brands Bank of Hope has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.