SBA 7(a) franchise lending
Hawaii
HI
- Total loans
- 213
- Loan volume
- $40.7M
- Charge-off rate
- 12.2%
- Jobs created
- 1,903
Charged off
23
Avg interest
7.12%
Job velocity
4.7
per $100K loaned
Franchises active
119
Highest charge-off rates in Hawaii
| Franchise | Resolved loans | State % | National % |
|---|---|---|---|
| Subway Sandwich Shop | 33 | charge-off rate: 3.0% | 6.2% |
Lowest charge-off rates in Hawaii
| Franchise | Resolved loans | Charge-off % |
|---|---|---|
| Subway Sandwich Shop | 33 | charge-off rate: 3.0% |
Resolved loans = paid in full + charged off. A brand with fewer than 10 resolved loans in Hawaii is left out of both tables: too few resolved loans to judge.
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Charge-off % | Risk |
|---|---|---|---|---|
| Limited-Service Restaurants722211 | 35 | $5.9M | charge-off rate: 8.6% | |
| 722213722213 | 14 | $3.1M | charge-off rate: 28.6% | |
| Fitness & Recreational Sports713940 | 13 | $2.8M | charge-off rate: 0.0% | |
| Limited-Service Restaurants722513 | 13 | $4.7M | charge-off rate: 10.0% | |
| Private Mail Centers561431 | 10 | $2.2M | charge-off rate: 28.6% | |
| Other Specialty Food Stores445299 | 9 | $1.5M | charge-off rate: 11.1% | |
| Full-Service Restaurants722110 | 7 | $1.4M | charge-off rate: 14.3% | |
| Beauty Salons812112 | 6 | $625K | charge-off rate: 0.0% | |
| Exam Prep & Tutoring611691 | 6 | $192K | charge-off rate: 0.0% | |
| Shoe Stores448210 | 4 | $190K | charge-off rate: 33.3% |
Franchise lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 3 |
| FY1993 | 4 |
| FY1995 | 5 |
| FY1996 | 3 |
| FY1997 | 3 |
| FY1998 | 3 |
| FY1999 | 5 |
| FY2000 | 4 |
| FY2001 | 6 |
| FY2002 | 9 |
| FY2003 | 10 |
| FY2004 | 13 |
| FY2005 | 10 |
| FY2006 | 14 |
| FY2007 | 6 |
| FY2008 | 17 |
| FY2009 | 6 |
| FY2010 | 8 |
| FY2011 | 7 |
| FY2012 | 5 |
| FY2013 | 5 |
| FY2014 | 2 |
| FY2015 | 7 |
| FY2016 | 9 |
| FY2017 | 5 |
| FY2018 | 8 |
| FY2019 | 9 |
| FY2020 | 9 |
| FY2021 | 3 |
| FY2022 | 3 |
| FY2023 | 5 |
| FY2024 | 3 |
| FY2025 | 4 |
SBA 7(a) · charge-off rate by approval year
Hawaii: below all franchise loans in 4 of 5 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 |
|---|---|---|---|
| 1992 | 3 | 0 | Too few |
| 1993 | 4 | 0 | Too few |
| 1995 | 5 | 0 | Too few |
| 1996 | 3 | 0 | Too few |
| 1997 | 3 | 0 | Too few |
| 1999 | 4 | 0 | Too few |
| 2000 | 4 | 1 | Too few |
| 2001 | 6 | 2 | Too few |
| 2002 | 9 | 0 | Too few |
| 2003 | 10 | 2 | 20.0% |
| 2004 | 13 | 1 | 7.7% |
| 2005 | 10 | 0 | 0.0% |
| 2006 | 14 | 1 | 7.1% |
| 2007 | 6 | 3 | Too few |
| 2008 | 17 | 4 | 23.5% |
| 2009 | 6 | 3 | Too few |
| 2010 | 8 | 0 | Too few |
| 2011 | 7 | 0 | Too few |
| 2012 | 5 | 0 | Too few |
| 2013 | 5 | 2 | Too few |
| 2015 | 4 | 0 | Too few |
| 2016 | 9 | 1 | Too few |
| 2018 | 6 | 0 | Too few |
| 2019 | 7 | 1 | Too few |
| 2020 | 6 | 0 | Too early |
| 2022 | 3 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
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. Job velocity = jobs created per $100K loaned.
Frequently asked questions
- How many SBA 7(a) franchise loans has Hawaii received?
- 213 loans totaling $40.7M, with 23 charged off. The statewide charge-off rate is 12.2%.
- What is a charge-off rate and how should I interpret it?
- 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. Rates materially above that suggest higher-risk franchise selection or weaker borrower vetting in this state.
- Which franchise brands perform best and worst in Hawaii?
- The “Highest charge-off rates” and “Lowest charge-off rates” tables above rank the franchise brands operating in Hawaii by their statewide loan performance. Click any brand for full FDD-disclosed financials and nationwide SBA history.
- 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.