Hana Bank USA National Association
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Hana Bank USA National Association
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 445110 | Supermarkets and Other Grocery (except Convenience) Stores | 16 | $29.6M | $1.9M | 14.3% |
| 456110 | Other | 8 | $4.1M | $510K | 7.1% |
| 448190 | Other Clothing Stores | 8 | $32.0M | $4.0M | 7.1% |
| 488510 | Freight Transportation Arrangement | 8 | $3.7M | $460K | 7.1% |
| 532112 | Passenger Car Leasing | 8 | $8.3M | $1.0M | 7.1% |
| 446120 | Cosmetics, Beauty Supplies, and Perfume Stores | 8 | $2.7M | $340K | 7.1% |
| 713940 | Fitness and Recreational Sports Centers | 8 | $960K | $120K | 7.1% |
| 524210 | Insurance Agencies and Brokerages | 8 | $1.7M | $210K | 7.1% |
| 812910 | Pet Care (except Veterinary) Services | 8 | $1.6M | $200K | 7.1% |
| 424990 | Other Miscellaneous Nondurable Goods Merchant Wholesalers | 8 | $8.0M | $1.0M | 7.1% |
Geographic Distribution
SBA lending activity for Hana Bank USA National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| New Jersey (NJ) | 64 | $54.6M | 57.1% |
| New York (NY) | 48 | $47.3M | 42.9% |
Why Choose Hana Bank USA National Association?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 112 SBA loans approved, totaling $101.9M in financing
- ✓Industry Expertise: Specialized focus on Supermarkets and Other Grocery (except Convenience) Stores, Other, Other Clothing Stores
- ✓Competitive Terms: Average interest rate of 5.63% with flexible term lengths averaging 197 months
- ✓Loan Range: Loan sizes from $120K to $4.0M, with an average of $910K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in NJ, NY
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 supermarkets and other grocery (except convenience) stores, other, other clothing stores, freight transportation arrangement. 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 5.63% and average term length of 197 months (approximately 16 years). Loan sizes range from $120K to $4.0M, with an average loan size of $910K.
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 112 SBA loans totaling $101.9M since 2020. 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 NJ, NY. 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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