HB
SBA 7(a) franchise lending portfolio
Hanmi Bank
AVERAGE risk
- Total loans
- 612
- Loan volume
- $557.1M
- Avg loan size
- $910K
- Charge-off 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% (low risk) |
| Chevron (gas Station) | 23 | $27.9M | 0.0% (low risk) |
| Choice Hotels International In | 19 | $40.9M | 0.0% (low risk) |
| Quiznos | 17 | $3.0M | 41.2% (very high risk) |
| Days Inn | 11 | $18.7M | 0.0% (low risk) |
| Arco (gas Station) | 10 | $23.2M | 0.0% (low risk) |
| Mobil Oil (stations) | 9 | $5.7M | 0.0% (low risk) |
| Super 8 Motel | 9 | $15.0M | 20.0% (very high risk) |
| Dairy Queen | 9 | $3.6M | 12.5% (elevated risk) |
| It's Boba Time | 9 | $5.1M | 0.0% (low risk) |
| Philly Connection | 8 | $850K | 25.0% (very high risk) |
| Best Western Inn | 7 | $8.5M | 0.0% (low risk) |
| Church's Fried Chicken | 7 | $2.2M | 28.6% (very high risk) |
| Cold Stone Creamery, Inc. | 7 | $1.2M | 28.6% (very high risk) |
| Tous Les Jours | 7 | $6.8M | N/A |
| Popeye's Famous Fried Chicken | 6 | $1.5M | 0.0% (low risk) |
| Shell Service Station | 6 | $5.1M | 25.0% (very high risk) |
| Howard Johnson | 6 | $7.3M | 16.7% (high risk) |
| Marble Slab Creamery | 6 | $1.0M | 0.0% (low risk) |
| Wingstop Restaurant | 6 | $1.4M | 0.0% (low risk) |
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 charge-off rate by loan vintage
BrandNational avg
Geographic exposure
20312.4% (elevated risk)
19713.6% (elevated risk)
410.0% (low risk)
330.0% (low risk)
2742.9% (very high risk)
2522.2% (very high risk)
120.0% (low risk)
1130.0% (very high risk)
90.0% (low risk)
80.0% (low risk)
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
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). For SBA 7(a) franchise lending, the national average runs 5–8%. Portfolios materially above that signal either riskier franchise selection or weaker underwriting.
- 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.