![Hanmi Bank logo](https://cdn.brandfetch.io/hanmi.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Hanmi Bank
AVERAGE risk
- Total loans
- 612
- Loan volume
- $557.1M
- Avg loan size
- $910K
- Default rate
- 13.2%
- vs 15.4% national avg
Defaults
69
Avg interest
6.01%
Franchises funded
264
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 47 | $10.5M | 2.2% |
| Chevron (gas Station) | 23 | $27.9M | 0.0% |
| Choice Hotels International In | 19 | $40.9M | 0.0% |
| Quiznos | 17 | $3.0M | 41.2% |
| Days Inn | 11 | $18.7M | 0.0% |
| Arco (gas Station) | 10 | $23.2M | 0.0% |
| Mobil Oil (stations) | 9 | $5.7M | 0.0% |
| Super 8 Motel | 9 | $15.0M | 20.0% |
| Dairy Queen | 9 | $3.6M | 12.5% |
| It's Boba Time | 9 | $5.1M | 0.0% |
| Philly Connection | 8 | $850K | 25.0% |
| Best Western Inn | 7 | $8.5M | 0.0% |
| Church's Fried Chicken | 7 | $2.2M | 28.6% |
| Cold Stone Creamery, Inc. | 7 | $1.2M | 28.6% |
| Tous Les Jours | 7 | $6.8M | — |
| Popeye's Famous Fried Chicken | 6 | $1.5M | 0.0% |
| Shell Service Station | 6 | $5.1M | 25.0% |
| Howard Johnson | 6 | $7.3M | 16.7% |
| Marble Slab Creamery | 6 | $1.0M | 0.0% |
| Wingstop Restaurant | 6 | $1.4M | 0.0% |
Lending volume by year
2'93
1
7
5
3
8'98
8
7
20
19
36'03
33
38
23
49
25'08
29
31
27
36
32'13
14
14
16
22
10'18
25
12
9
20
11'23
10
8
2'26
Hanmi Bank default rate by loan vintage
BrandNational avg
Geographic exposure
20312.4%
19713.6%
410.0%
330.0%
2742.9%
2522.2%
120.0%
1130.0%
90.0%
80.0%
Portfolio summary
Total funded$557.1M
Defaults69 of 612
Risk tierAVERAGE
Avg rate6.01%
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%).