Shinhan Bank America approved 66 SBA loans worth $66.7M between October 2021 and June 2026, ranking #461 of 2,283 SBA lenders nationally by loan count. Its median loan was $583,500, and 42% went to startups or businesses under two years old. It lent in 9 states, most often in California, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| California | 46 | $44.8M | $537,500 | #97 |
| Texas | 4 | $2.0M | $295,000 | #270 |
| Georgia | 4 | $3.9M | $780,000 | #170 |
| New York | 4 | $6.3M | $875,000 | #161 |
| New Jersey | 3 | $4.2M | $400,000 | #128 |
| Arkansas | 2 | $1.3M | $657,000 | #84 |
| Arizona | 1 | $1.1M | $1,125,000 | #197 |
| Connecticut | 1 | $2.1M | $2,100,000 | #125 |
| South Carolina | 1 | $900K | $900,000 | #168 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 29 | $400,000 | |
| Retail | 11 | $500,000 | |
| Health care and social assistance | 7 | $950,000 | |
| Manufacturing | 7 | $600,000 | |
| Other services (repair, personal care) | 6 | $3,092,500 | |
| Wholesale trade | 2 | $1,125,000 | |
| Arts, entertainment and recreation | 1 | $210,000 | |
| Administrative and support services | 1 | $150,000 | |
| Education | 1 | $900,000 | |
| Real estate and rental | 1 | $323,000 |