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SBA 7(a) franchise lending portfolio
Shinhan Bank America
AVERAGE risk
- Total loans
- 28
- Loan volume
- $17.4M
- Avg loan size
- $621K
- Default rate
- 11.1%
- vs 15.4% national avg
Defaults
2
Avg interest
6.02%
Franchises funded
22
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| bb.q Chicken | 5 | $1.4M | — |
| Wnb Factory | 3 | $525K | 0.0% |
| California Tortilla | 1 | $500K | 0.0% |
| Party Giant | 1 | $700K | 100.0% |
| Cottman Transmission | 1 | $185K | 0.0% |
| Togo's Eatery | 1 | $385K | 0.0% |
| Submarina Sandwiches | 1 | $180K | 100.0% |
| Wetzel's Pretzels | 1 | $440K | 0.0% |
| Waba Grill Teriyaki House | 1 | $300K | 0.0% |
| Charleys Philly Steaks | 1 | $350K | 0.0% |
| Yogurtland | 1 | $150K | 0.0% |
| Fatburger | 1 | $337K | 0.0% |
| Comet Cleaners | 1 | $300K | 0.0% |
| Rodeway Inn | 1 | $5.0M | — |
| Days Inn | 1 | $2.0M | 0.0% |
| Tous Les Jours | 1 | $500K | — |
| It's Boba Time | 1 | $337K | 0.0% |
| PostalAnnex+ (Retail Center) | 1 | $150K | — |
| Quality Inn by Choice Hotels / | 1 | $2.6M | — |
| Paris Baguette | 1 | $600K | — |
Lending volume by year
1'03
1'05
1'08
2'10
1'14
1'16
3'17
3'18
3'19
3'20
2'21
3'22
1'23
3'25
Shinhan Bank America default rate by loan vintage
BrandNational avg
Geographic exposure
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
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%).