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SBA 7(a) franchise lending portfolio
Bank of Hope
AVERAGE risk
- Total loans
- 947
- Loan volume
- $1.0B
- Avg loan size
- $1.1M
- Default rate
- 13.3%
- vs 15.4% national avg
Defaults
104
Avg interest
6.04%
Franchises funded
341
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 35 | $13.2M | 5.7% |
| Quiznos | 32 | $5.5M | 37.5% |
| Days Inn | 27 | $51.1M | 0.0% |
| Chevron (gas Station) | 23 | $24.6M | 5.3% |
| Shell Service Station | 20 | $15.1M | 12.5% |
| Baskin-Robbins 31 Ice Cream | 17 | $2.9M | 17.6% |
| Best Western Inn | 16 | $44.9M | 0.0% |
| Super 8 | 16 | $34.9M | 6.7% |
| Super 8 Motel | 13 | $27.4M | 0.0% |
| Americas Best Value Inn (f/K/A | 12 | $19.9M | 0.0% |
| Quality Inn/Quality Suites, Ho | 11 | $32.1M | 0.0% |
| Surf City Squeeze | 10 | $975K | 10.0% |
| Union 76 Oil | 10 | $11.1M | 0.0% |
| Denny's Restaurant | 9 | $4.8M | 0.0% |
| Cold Stone Creamery, Inc. | 8 | $1.5M | 25.0% |
| Choice Hotels International In | 8 | $15.8M | 25.0% |
| Howard Johnson | 8 | $14.2M | 28.6% |
| The UPS Store (f/k/a Mail Box | 8 | $2.7M | 0.0% |
| Comfort/ Comfort Inn & Suites/ | 8 | $27.0M | 0.0% |
| Super 8 by Wyndhan | 8 | $19.6M | 0.0% |
Lending volume by year
5'92
2
5
6
16
15'98
12
26
14
25
48'03
34
58
51
39
31'08
27
31
37
27
44'13
45
55
47
29
48'18
26
18
23
30
21'23
15
27
10'26
Bank of Hope default rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Geographic exposure
45115.2%
11312.5%
1126.0%
5410.0%
326.7%
2222.2%
2020.0%
190.0%
157.1%
100.0%
Portfolio summary
Total funded$1.0B
Defaults104 of 947
Risk tierAVERAGE
Avg rate6.04%
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Default 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%), Critical (>20%).