Shinhan Bank America
SBA 7(a) Lending Profile · FY 2026 analysis
Industry Focus
Top industries served by Shinhan Bank America
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 256 | $225.0M | $879K | 31.4% |
| 722513 | Limited-Service Restaurants | 80 | $34.2M | $428K | 9.8% |
| 446120 | Cosmetics, Beauty Supplies, and Perfume Stores | 40 | $12.3M | $309K | 4.9% |
| 811192 | Car Washes | 40 | $102.0M | $2.5M | 4.9% |
| 624410 | Child Day Care Services | 32 | $43.6M | $1.4M | 3.9% |
| 812310 | Coin-Operated Laundries and Drycleaners | 32 | $102.0M | $3.2M | 3.9% |
| 621210 | Offices of Dentists | 32 | $36.4M | $1.1M | 3.9% |
| 811111 | General Automotive Repair | 24 | $42.4M | $1.8M | 2.9% |
| 531120 | Lessors of Nonresidential Buildings (except Miniwarehouses) | 24 | $9.4M | $391K | 2.9% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 16 | $24.6M | $1.5M | 2.0% |
Geographic Distribution
SBA lending activity for Shinhan Bank America by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 512 | $608.6M | 62.7% |
| New York (NY) | 32 | $58.4M | 3.9% |
| Georgia (GA) | 88 | $52.2M | 10.8% |
| Texas (TX) | 104 | $47.5M | 12.7% |
| New Jersey (NJ) | 40 | $41.3M | 4.9% |
| Connecticut (CT) | 8 | $16.8M | 1.0% |
| Arkansas (AR) | 16 | $10.5M | 2.0% |
| Arizona (AZ) | 8 | $9.0M | 1.0% |
| Alabama (AL) | 8 | $2.4M | 1.0% |
Why Choose Shinhan Bank America?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 816 SBA loans approved, totaling $846.7M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, Cosmetics, Beauty Supplies, and Perfume Stores
- ✓Competitive Terms: Average interest rate of 6.91% with flexible term lengths averaging 195 months
- ✓Loan Range: Loan sizes from $100K to $5.0M, with an average of $1.0M
- ✓Nationwide Reach: Active lending in 9 states, with strong presence in CA, TX, GA
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 Shinhan Bank America SBA lending
What types of businesses does Shinhan Bank America typically finance?
Shinhan Bank America specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, cosmetics, beauty supplies, and perfume stores, car washes. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Shinhan Bank America's typical SBA loan terms?
Shinhan Bank America's SBA 7(a) loans typically feature an average interest rate of 6.91% and average term length of 195 months (approximately 16 years). Loan sizes range from $100K to $5.0M, with an average loan size of $1.0M.
Do I need a business valuation for a Shinhan Bank America SBA loan?
Yes, Shinhan Bank America 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 Shinhan Bank America compare to other SBA lenders?
Shinhan Bank America has originated 816 SBA loans totaling $846.7M 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 Shinhan Bank America lend in?
Shinhan Bank America provides SBA 7(a) financing with particularly strong presence in CA, TX, GA, 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.
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.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.