Hanmi Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Hanmi Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 721110 | Hotels (except Casino Hotels) and Motels | 460 | $676.1M | $1.5M | 6.1% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 390 | $122.1M | $313K | 5.2% |
| 722511 | Full-Service Restaurants | 329 | $177.1M | $538K | 4.4% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 240 | $139.4M | $581K | 3.2% |
| 722513 | Limited-Service Restaurants | 211 | $87.0M | $412K | 2.8% |
| 812310 | Coin-Operated Laundries and Drycleaners | 196 | $102.2M | $521K | 2.6% |
| 445320 | Beer, Wine, and Liquor Retailers | 155 | $145.7M | $940K | 2.1% |
| 811111 | General Automotive Repair | 70 | $26.1M | $373K | 0.9% |
| 811192 | Car Washes | 68 | $102.7M | $1.5M | 0.9% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 56 | $35.9M | $640K | 0.7% |
Geographic Distribution
SBA lending activity for Hanmi Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 3,367 | $1.57B | 44.6% |
| Texas (TX) | 1,800 | $770.9M | 23.9% |
| Colorado (CO) | 621 | $496.7M | 8.2% |
| Washington (WA) | 441 | $353.5M | 5.8% |
| Georgia (GA) | 276 | $192.2M | 3.7% |
| Maryland (MD) | 196 | $154.3M | 2.6% |
| New York (NY) | 85 | $133.1M | 1.1% |
| Virginia (VA) | 225 | $125.9M | 3.0% |
| Illinois (IL) | 163 | $66.5M | 2.2% |
| District of Columbia (DC) | 82 | $45.1M | 1.1% |
| North Carolina (NC) | 24 | $25.1M | 0.3% |
| Alaska (AK) | 14 | $23.4M | 0.2% |
| New Jersey (NJ) | 24 | $19.4M | 0.3% |
| Florida (FL) | 27 | $15.6M | 0.4% |
| Nevada (NV) | 17 | $14.0M | 0.2% |
| Tennessee (TN) | 18 | $13.3M | 0.2% |
| New Mexico (NM) | 8 | $12.3M | 0.1% |
| Alabama (AL) | 13 | $11.6M | 0.2% |
| Arizona (AZ) | 9 | $10.9M | 0.1% |
| Ohio (OH) | 11 | $10.5M | 0.1% |
| Indiana (IN) | 10 | $10.2M | 0.1% |
| Oregon (OR) | 17 | $9.1M | 0.2% |
| Arkansas (AR) | 10 | $9.1M | 0.1% |
| Michigan (MI) | 7 | $8.8M | 0.1% |
| South Carolina (SC) | 9 | $8.3M | 0.1% |
| Louisiana (LA) | 13 | $7.6M | 0.2% |
| Wyoming (WY) | 8 | $7.3M | 0.1% |
| Pennsylvania (PA) | 7 | $6.6M | 0.1% |
| Connecticut (CT) | 4 | $5.4M | 0.1% |
| Idaho (ID) | 2 | $4.7M | 0.0% |
| West Virginia (WV) | 3 | $4.3M | 0.0% |
| Mississippi (MS) | 4 | $4.0M | 0.1% |
| Missouri (MO) | 4 | $3.9M | 0.1% |
| Massachusetts (MA) | 4 | $3.5M | 0.1% |
| Kentucky (KY) | 3 | $2.7M | 0.0% |
| Wisconsin (WI) | 4 | $2.6M | 0.1% |
| Vermont (VT) | 2 | $2.5M | 0.0% |
| Kansas (KS) | 1 | $2.0M | 0.0% |
| Oklahoma (OK) | 5 | $1.6M | 0.1% |
| Montana (MT) | 1 | $1.6M | 0.0% |
| Utah (UT) | 2 | $990K | 0.0% |
| Rhode Island (RI) | 3 | $940K | 0.0% |
Why Choose Hanmi Bank?
Based on SBA 7(a) lending track record from 1991-2025
- ✓Proven Track Record: 7,544 SBA loans approved, totaling $4.17B in financing
- ✓Industry Expertise: Specialized focus on Hotels (except Casino Hotels) and Motels, Drycleaning and Laundry Services (except Coin-Operated), Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 6.58% with flexible term lengths averaging 168 months
- ✓Loan Range: Loan sizes from $10K to $5.0M, with an average of $553K
- ✓Nationwide Reach: Active lending in 42 states, with strong presence in CA, TX, CO
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 Hanmi Bank SBA lending
What types of businesses does Hanmi Bank typically finance?
Hanmi Bank specializes in SBA 7(a) lending to specific industries including hotels (except casino hotels) and motels, drycleaning and laundry services (except coin-operated), full-service restaurants, supermarkets and other grocery retailers (except convenience retailers). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Hanmi Bank's typical SBA loan terms?
Hanmi Bank's SBA 7(a) loans typically feature an average interest rate of 6.58% and average term length of 168 months (approximately 14 years). Loan sizes range from $10K to $5.0M, with an average loan size of $553K.
Do I need a business valuation for a Hanmi Bank SBA loan?
Yes, Hanmi Bank 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 Hanmi Bank compare to other SBA lenders?
Hanmi Bank has originated 7,544 SBA loans totaling $4.17B since 1991. 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 Hanmi Bank lend in?
Hanmi Bank provides SBA 7(a) financing with particularly strong presence in CA, TX, CO, WA, GA. 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.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
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