Hana Bank USA National Association
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Hana Bank USA National Association · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 358 | $58.5M | $163K | 11.4% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 234 | $60.3M | $258K | 7.5% |
| 812113 | Nail Salons | 106 | $13.6M | $128K | 3.4% |
| 812310 | Coin-Operated Laundries and Drycleaners | 91 | $31.1M | $341K | 2.9% |
| 722410 | Drinking Places (Alcoholic Beverages) | 62 | $17.4M | $281K | 2.0% |
| 811111 | General Automotive Repair | 59 | $21.2M | $360K | 1.9% |
| 624410 | Child Care Services | 45 | $17.0M | $378K | 1.4% |
| 445230 | Fruit and Vegetable Retailers | 40 | $10.1M | $253K | 1.3% |
| 721110 | Hotels (except Casino Hotels) and Motels | 39 | $46.3M | $1.2M | 1.2% |
| 812112 | Beauty Salons | 33 | $5.1M | $156K | 1.1% |
Geographic Distribution
SBA lending activity for Hana Bank USA National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New Jersey (NJ) | 1,299 | $463.9M | 41.5% |
| New York (NY) | 1,442 | $409.1M | 46.0% |
| Pennsylvania (PA) | 298 | $102.4M | 9.5% |
| Connecticut (CT) | 56 | $22.0M | 1.8% |
| Delaware (DE) | 27 | $7.7M | 0.9% |
| Maryland (MD) | 4 | $4.5M | 0.1% |
| Rhode Island (RI) | 2 | $3.3M | 0.1% |
| Virginia (VA) | 1 | $200K | 0.0% |
| California (CA) | 1 | $100K | 0.0% |
| Massachusetts (MA) | 1 | $75K | 0.0% |
| Texas (TX) | 1 | $25K | 0.0% |
Why Choose Hana Bank USA National Association?
Based on SBA 7(a) lending track record from 1993-2025
- ✓Proven Track Record: 3,132 SBA loans approved, totaling $1.01B in financing
- ✓Industry Expertise: Specialized focus on Drycleaning and Laundry Services (except Coin-Operated), Supermarkets and Other Grocery Retailers (except Convenience Retailers), Nail Salons
- ✓Competitive Terms: Average interest rate of 5.57% with flexible term lengths averaging 136 months
- ✓Loan Range: Loan sizes from $3K to $5.0M, with an average of $324K
- ✓Nationwide Reach: Active lending in 11 states, with strong presence in NY, NJ, PA
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Hana Bank USA National Association SBA lending
What types of businesses does Hana Bank USA National Association typically finance?
Hana Bank USA National Association specializes in SBA 7(a) lending to specific industries including drycleaning and laundry services (except coin-operated), supermarkets and other grocery retailers (except convenience retailers), nail salons, coin-operated laundries and drycleaners. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Hana Bank USA National Association's typical SBA loan terms?
Hana Bank USA National Association's SBA 7(a) loans typically feature an average interest rate of 5.57% and average term length of 136 months (approximately 11 years). Loan sizes range from $3K to $5.0M, with an average loan size of $324K.
Do I need a business valuation for a Hana Bank USA National Association SBA loan?
Yes, Hana Bank USA National Association typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Hana Bank USA National Association compare to other SBA lenders?
Hana Bank USA National Association has originated 3,132 SBA loans totaling $1.01B since 1993. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Hana Bank USA National Association lend in?
Hana Bank USA National Association provides SBA 7(a) financing with particularly strong presence in NY, NJ, PA, CT, DE. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
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