HB
SBA 7(a) franchise lending portfolio
Hanmi Bank
Risk rating: Average
- Total loans
- 612
- Loan volume
- $557.1M
- Avg loan size
- $910K
- Charge-off rate
- 13.2%
- vs 16.0% national
Charged off
69
Avg interest
6.01%
Franchises funded
264
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 47 | $10.5M | 2.2% (excellent) |
| Chevron (gas Station) | 23 | $27.9M | 0.0% (excellent) |
| Choice Hotels International In | 19 | $40.9M | 0.0% (excellent) |
| Quiznos | 17 | $3.0M | 41.2% (high risk) |
| Days Inn | 11 | $18.7M | N/A |
| Arco (gas Station) | 10 | $23.2M | 0.0% (excellent) |
| Mobil Oil (stations) | 9 | $5.7M | N/A |
| Super 8 Motel | 9 | $15.0M | N/A |
| Dairy Queen | 9 | $3.6M | N/A |
| It's Boba Time | 9 | $5.1M | N/A |
| Philly Connection | 8 | $850K | N/A |
| Best Western Inn | 7 | $8.5M | N/A |
| Church's Fried Chicken | 7 | $2.2M | N/A |
| Cold Stone Creamery, Inc. | 7 | $1.2M | N/A |
| Tous Les Jours | 7 | $6.8M | N/A |
| Popeye's Famous Fried Chicken | 6 | $1.5M | N/A |
| Shell Service Station | 6 | $5.1M | N/A |
| Howard Johnson | 6 | $7.3M | N/A |
| Marble Slab Creamery | 6 | $1.0M | N/A |
| Wingstop Restaurant | 6 | $1.4M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1993 | 2 |
| FY1994 | 1 |
| FY1995 | 7 |
| FY1996 | 5 |
| FY1997 | 3 |
| FY1998 | 8 |
| FY1999 | 8 |
| FY2000 | 7 |
| FY2001 | 20 |
| FY2002 | 19 |
| FY2003 | 36 |
| FY2004 | 33 |
| FY2005 | 38 |
| FY2006 | 23 |
| FY2007 | 49 |
| FY2008 | 25 |
| FY2009 | 29 |
| FY2010 | 31 |
| FY2011 | 27 |
| FY2012 | 36 |
| FY2013 | 32 |
| FY2014 | 14 |
| FY2015 | 14 |
| FY2016 | 16 |
| FY2017 | 22 |
| FY2018 | 10 |
| FY2019 | 25 |
| FY2020 | 12 |
| FY2021 | 9 |
| FY2022 | 20 |
| FY2023 | 11 |
| FY2024 | 10 |
| FY2025 | 8 |
| FY2026 | 2 |
SBA 7(a) · charge-off rate by approval year
Hanmi Bank: below all franchise loans in 15 of 18 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 |
|---|---|---|---|
| 1995 | 7 | 2 | Too few |
| 1996 | 5 | 0 | Too few |
| 1997 | 3 | 0 | Too few |
| 1998 | 8 | 1 | Too few |
| 1999 | 8 | 1 | Too few |
| 2000 | 7 | 2 | Too few |
| 2001 | 20 | 0 | 0.0% |
| 2002 | 19 | 0 | 0.0% |
| 2003 | 36 | 4 | 11.1% |
| 2004 | 33 | 6 | 18.2% |
| 2005 | 38 | 13 | 34.2% |
| 2006 | 23 | 6 | 26.1% |
| 2007 | 46 | 17 | 37.0% |
| 2008 | 25 | 7 | 28.0% |
| 2009 | 28 | 0 | 0.0% |
| 2010 | 30 | 0 | 0.0% |
| 2011 | 26 | 0 | 0.0% |
| 2012 | 34 | 3 | 8.8% |
| 2013 | 27 | 1 | 3.7% |
| 2014 | 13 | 1 | 7.7% |
| 2015 | 13 | 0 | 0.0% |
| 2016 | 13 | 0 | 0.0% |
| 2017 | 17 | 0 | 0.0% |
| 2018 | 4 | 1 | Too few |
| 2019 | 18 | 3 | 16.7% |
| 2020 | 9 | 0 | Too early |
| 2021 | 4 | 0 | Too early |
| 2022 | 3 | 0 | 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
20312.4% (average)
19713.6% (average)
410.0% (excellent)
330.0% (excellent)
2742.9% (high risk)
2522.2% (high risk)
120.0% (excellent)
1130.0% (high risk)
9N/A
8N/A
Portfolio summary
Total funded$557.1M
Charged off69 of 612
Risk tierAverage
Avg rate6.01%
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 Hanmi Bank originated?
- 612 loans totaling $557.1M. The portfolio carries a 13.2% 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. Hanmi Bank's rate of 13.2% 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 Hanmi Bank fund the most?
- The “Top franchise exposures” table above lists the brands Hanmi Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.