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FranchiseVerdict

SBA 7(a) franchise lending

Hawaii

HI

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Tile-grid map: HI highlighted. Tiles approximate geographic position; sizes are intentionally uniform so small states aren't hidden.
Total loans
213
Loan volume
$40.7M
Charge-off rate
12.2%
Jobs created
1,903

Defaults

23

Avg interest

7.12%

Job velocity

4.7

per $100K loaned

Franchises active

119

Highest charge-off rates in Hawaii

FranchiseLoansState %National %
Cold Stone Creamery, Inc.9charge-off rate: 44.4%33.9%
Mail Boxes Etc. Usa6charge-off rate: 16.7%12.2%
Subway Sandwich Shop31charge-off rate: 3.2%6.1%
Baskin-Robbins 31 Ice Cream5charge-off rate: 0.0%17.4%

Lowest charge-off rates in Hawaii

FranchiseLoansDefault %
Baskin-Robbins 31 Ice Cream5charge-off rate: 0.0%
Subway Sandwich Shop31charge-off rate: 3.2%
Mail Boxes Etc. Usa6charge-off rate: 16.7%
Cold Stone Creamery, Inc.9charge-off rate: 44.4%

Industry performance (NAICS)

Industry (NAICS)LoansVolumeDefault %Risk
Limited-Service Restaurants72221135$5.9Mcharge-off rate: 8.6%
72221372221314$3.1Mcharge-off rate: 28.6%
Fitness & Recreational Sports71394013$2.8Mcharge-off rate: 0.0%
Limited-Service Restaurants72251313$4.7Mcharge-off rate: 10.0%
Private Mail Centers56143110$2.2Mcharge-off rate: 28.6%
Other Specialty Food Stores4452999$1.5Mcharge-off rate: 11.1%
Full-Service Restaurants7221107$1.4Mcharge-off rate: 14.3%
Beauty Salons8121126$625Kcharge-off rate: 0.0%
Exam Prep & Tutoring6116916$192Kcharge-off rate: 0.0%
Shoe Stores4482104$190Kcharge-off rate: 33.3%

Hawaii charge-off rate by loan vintage

BrandNational avg
Hawaii charge-off rate by loan vintage. Showing 26 vintages from 1992 to 2022. Rates range from 0.0% to 50.0%.0%5%10%15%20%25%30%35%40%45%50%'92'99'04'09'15'22

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). For SBA 7(a) franchise lending, the national average runs 5–8%. 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.