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FranchiseVerdict

SBA 7(a) franchise lending portfolio

Shinhan Bank America

AVERAGE risk
Total loans
28
Loan volume
$17.4M
Avg loan size
$621K
Charge-off rate
11.1%
vs 15.4% national avg

Defaults

2

Avg interest

6.02%

Franchises funded

22

Risk rating

AVERAGE

Top franchise exposures

FranchiseLoansVolumeDefault %
bb.q Chicken5$1.4MN/A
Wnb Factory3$525K0.0% (low risk)
California Tortilla1$500K0.0% (low risk)
Party Giant1$700K100.0% (very high risk)
Cottman Transmission1$185K0.0% (low risk)
Togo's Eatery1$385K0.0% (low risk)
Submarina Sandwiches1$180K100.0% (very high risk)
Wetzel's Pretzels1$440K0.0% (low risk)
Waba Grill Teriyaki House1$300K0.0% (low risk)
Charleys Philly Steaks1$350K0.0% (low risk)
Yogurtland1$150K0.0% (low risk)
Fatburger1$337K0.0% (low risk)
Comet Cleaners1$300K0.0% (low risk)
Rodeway Inn1$5.0MN/A
Days Inn1$2.0M0.0% (low risk)
Tous Les Jours1$500KN/A
It's Boba Time1$337K0.0% (low risk)
PostalAnnex+ (Retail Center)1$150KN/A
Quality Inn by Choice Hotels /1$2.6MN/A
Paris Baguette1$600KN/A

Shinhan Bank America charge-off rate by loan vintage

BrandNational avg
Shinhan Bank America charge-off rate by loan vintage. Showing 3 vintages from 2017 to 2020. Rates range from 0.0% to 0.0%.0%5%10%'17'18'20

Geographic exposure

150.0% (low risk)
50.0% (low risk)
3100.0% (very high risk)
20.0% (low risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)

Portfolio summary

Total funded$17.4M
Defaults2 of 28
Risk tierAVERAGE
Avg rate6.02%

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 Shinhan Bank America originated?
28 loans totaling $17.4M. The portfolio carries a 11.1% 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 Shinhan Bank America fund the most?
The “Top franchise exposures” table above lists the brands Shinhan Bank America has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.