Lenders › Hanmi Bank
7(a) lenderLos Angeles, CaliforniaFDIC-insured bank41st of 2,184 by approvals
Hanmi Bank
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Hanmi Bank, based in Los Angeles, California, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 944 of its 7(a) loans worth $913M in FY2021 to FY2025, which places it 41st of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 214 approvals totalling $181M, up 42% on FY2024 (151). FY2026 to 30 Jun 2026 adds 159 more.
The median approval was $630K, against $190K for the 7(a) program as a whole; 4.7% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 27 states and territories and 155 counties, led by Colorado (24.7%), California (23.1%) and Washington (12.4%). The largest industry group was retail trade at 44.2% of approvals, and 7.1% of approvals were to franchise businesses.
Of 1,869 disbursed loans approved in FY2010 to FY2021, SBA records 112 as charged off (6.0%), 1,338 as paid in full and 419 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 159 | $125M | $466K | $787K | 1,521 |
| FY2025 | 214 | $181M | $635K | $847K | 1,944 |
| FY2024 | 151 | $147M | $610K | $976K | 1,805 |
| FY2023 | 190 | $179M | $569K | $942K | 1,486 |
| FY2022 | 175 | $192M | $680K | $1.1M | 2,015 |
| FY2021 | 214 | $214M | $665K | $998K | 1,449 |
| FY2020 | 173 | $127M | $498K | $735K | 1,255 |
| FY2019 | 206 | $112M | $290K | $544K | 1,502 |
| FY2018 | 217 | $110M | $350K | $508K | 1,120 |
| FY2017 | 260 | $158M | $383K | $609K | 1,456 |
| FY2016 | 175 | $121M | $470K | $693K | 1,372 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 1,031 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Colorado | 7(a) program |
|---|---|---|---|
| Approvals in these years | 2,108 | 15,975 | 639,905 |
| Cancelled or never disbursed | 239 | 1,999 | 79,313 |
| Disbursed loans | 1,869 | 13,976 | 560,592 |
| Paid in full | 1,338 | 10,957 | 435,813 |
| Charged off | 112 | 792 | 36,891 |
| Still outstanding (status exempt from disclosure) | 419 | 2,227 | 87,888 |
| Charged off, share of disbursed loans | 6.0% | 5.7% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.6% | 1.8% | 2.5% |
| Dollars charged off | $36.7M | $120M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 167 | 73 | 2 | 1.2% | 2.8% |
| FY2020 | 141 | 75 | 4 | 2.8% | 4.0% |
| FY2019 | 199 | 123 | 12 | 6.0% | 6.7% |
| FY2018 | 202 | 129 | 10 | 5.0% | 7.9% |
| FY2017 | 250 | 162 | 20 | 8.0% | 7.7% |
| FY2016 | 161 | 121 | 10 | 6.2% | 7.2% |
| FY2015 | 144 | 124 | 9 | 6.3% | 6.9% |
| FY2014 | 66 | 61 | 2 | 3.0% | 6.4% |
| FY2013 | 84 | 70 | 3 | 3.6% | 6.0% |
| FY2012 | 104 | 92 | 9 | 8.7% | 6.3% |
| FY2011 | 119 | 110 | 6 | 5.0% | 6.9% |
| FY2010 | 232 | 198 | 25 | 10.8% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $630K | $190K |
| Average approval | $967K | $518K |
| Approvals of $150,000 or less | 4.7% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 15.3% | 34.3% |
| Approvals to franchise businesses | 7.1% | 11.5% |
| Jobs supported per approval, as reported | 9.2 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 6.0% | 6.6% |
States served
| # | State of the business (27 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Colorado | 233 | $224M | 24.7% | |
| 2 | California | 218 | $200M | 23.1% | |
| 3 | Washington | 117 | $103M | 12.4% | |
| 4 | Texas | 77 | $82.4M | 8.2% | |
| 5 | Georgia | 60 | $60.2M | 6.4% | |
| 6 | Maryland | 56 | $66.1M | 5.9% | |
| 7 | New York | 51 | $60.6M | 5.4% | |
| 8 | Virginia | 44 | $38.5M | 4.7% | |
| 9 | District of Columbia | 20 | $13.7M | 2.1% | |
| 10 | New Jersey | 19 | $16.4M | 2.0% | |
| 11 | Illinois | 9 | $14.7M | 1.0% | |
| 12 | Ohio | 5 | $5.8M | 0.5% |
In Colorado the lender accounts for 2.9% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (155 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Los Angeles County, CA | 110 | $98.0M | 11.7% | |
| 2 | Arapahoe County, CO | 55 | $38.9M | 5.8% | |
| 3 | Orange County, CA | 39 | $36.1M | 4.1% | |
| 4 | King County, WA | 35 | $18.7M | 3.7% | |
| 5 | Pierce County, WA | 34 | $17.0M | 3.6% | |
| 6 | Jefferson County, CO | 33 | $26.3M | 3.5% | |
| 7 | Denver County, CO | 30 | $27.3M | 3.2% | |
| 8 | Adams County, CO | 28 | $35.8M | 3.0% | |
| 9 | San Diego County, CA | 28 | $23.2M | 3.0% | |
| 10 | Gwinnett County, GA | 25 | $23.5M | 2.6% | |
| 11 | Dallas County, TX | 22 | $20.3M | 2.3% | |
| 12 | District of Columbia, DC | 20 | $13.7M | 2.1% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 417 | 44.2% | |
| 2 | Accommodation and Food Services | 313 | 33.2% | |
| 3 | Other Services (except Public Administration) | 72 | 7.6% | |
| 4 | Wholesale Trade | 38 | 4.0% | |
| 5 | Health Care and Social Assistance | 27 | 2.9% | |
| 6 | Manufacturing | 20 | 2.1% | |
| 7 | Professional, Scientific, and Technical Services | 20 | 2.1% | |
| 8 | Construction | 11 | 1.2% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 278 | 29.4% | |
| 2 | Beer, Wine, and Liquor StoresNAICS 4453 | 274 | 29.0% | |
| 3 | Grocery StoresNAICS 4451 | 72 | 7.6% | |
| 4 | Drycleaning and Laundry ServicesNAICS 8123 | 38 | 4.0% | |
| 5 | Traveler AccommodationNAICS 7211 | 34 | 3.6% | |
| 6 | Automotive Repair and MaintenanceNAICS 8111 | 18 | 1.9% | |
| 7 | Gasoline StationsNAICS 4571 | 17 | 1.8% | |
| 8 | Gasoline StationsNAICS 4471 | 15 | 1.6% | |
| 9 | Health and Personal Care RetailersNAICS 4561 | 13 | 1.4% | |
| 10 | Personal Care ServicesNAICS 8121 | 11 | 1.2% |
Approval sizes
- $50,000 or less0.1%1
- $50,001 to $150,0004.6%43
- $150,001 to $350,00020.1%190
- $350,001 to $1 million44.6%421
- $1 million to $2 million19.0%179
- Over $2 million11.7%110
Loan terms
- Over 5 to 10 years58.8%555
- Over 10 to 20 years5.4%51
- Over 20 years35.8%338
Age of the businesses
- Existing, more than 2 years old31.5%297
- New business, 2 years or less10.4%98
- Startup, loan funds will open the business4.9%46
- Change of ownership53.3%503
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 897 | 95.0% | |
| 2 | 7a General | 45 | 4.8% | |
| 3 | SBA Express Program | 2 | 0.2% |
Franchise share
67 of 944 approvals in FY2021–FY2025 (7.1%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Tous Les Jours | 7 | 0.7% | |
| 2 | It's Boba Time | 5 | 0.5% | |
| 3 | Wilson Oil, Inc. Contract of Sale | 3 | 0.3% | |
| 4 | Rodeway Inn | 3 | 0.3% | |
| 5 | bb.q Chicken | 3 | 0.3% | |
| 6 | The UPS Store | 3 | 0.3% | |
| 7 | Ramada | 2 | 0.2% | |
| 8 | Days Inn | 2 | 0.2% |
Questions and answers
How many SBA loans does Hanmi Bank make?
SBA approved 214 7(a) loans through Hanmi Bank in FY2025, worth $181M, and 944 over FY2021 to FY2025. That ranks 41st of 2,184 active 7(a) lenders by number of approvals.
How large are Hanmi Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $630K and the average $967K. The program-wide median was $190K.
What is Hanmi Bank's charge-off rate?
Of 1,869 disbursed loans approved in FY2010 to FY2021, SBA records 112 as charged off (6.0%), 1,338 as paid in full and 419 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Hanmi Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (278); beer, wine, and liquor stores (274); grocery stores (72); drycleaning and laundry services (38).
Where does Hanmi Bank make SBA loans?
In 27 states and territories. Colorado 233, California 218, Washington 117, Texas 77, Georgia 60. In Colorado it accounts for 2.9% of all 7(a) approvals.
Is Hanmi Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 555, against 562 in the three before: broadly level (-1%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error