Bank of Hope
Bank of Hope is a California-based bank founded in 1986 by Korean American immigrants, originally as California Central Bank, serving the unique banking needs of the Korean American community across multiple states.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (57 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Bank of Hope ranks #49 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Bank of Hope’s 7(a) acquisition lending falls in the $0-$500K range: 20 loans, 35.1% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 20 | 35.1% | |
| $500K-$1M | 10 | 17.5% | |
| $1M-$2M | 5 | 8.8% | |
| $2M-$3M | 6 | 10.5% | |
| $3M-$4M | 2 | 3.5% | |
| $4M-$5M | 14 | 24.6% |
Industries with highest loan volume
Hotels (except Casino Hotels) and Motels
21
loans
$3.6M
avg. amount
Full-Service Restaurants
8
loans
$549K
avg. amount
Limited-Service Restaurants
7
loans
$303K
avg. amount
Gasoline Stations with Convenience Stores
5
loans
$3.9M
avg. amount
Beer, Wine, and Liquor Retailers
2
loans
$1.4M
avg. amount
Nail Salons
2
loans
$220K
avg. amount
Drycleaning and Laundry Services (except Coin-Operated)
2
loans
$388K
avg. amount
Coin-Operated Laundries and Drycleaners
1
loans
$1.3M
avg. amount
Convenience Retailers
1
loans
$872K
avg. amount
Snack and Nonalcoholic Beverage Bars
1
loans
$430K
avg. amount
10-Year
3.0%
Percentile Ranking
92th
92th percentile
Bank of Hope’s median variable rate is + 1.38%, against a market median of Prime + 1.88%, 50 below market.
It priced below the market median in every one of the last 8 quarters.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.84% |
| $500K-$1M | Prime + 1.45% |
| $1M-$2M | Prime + 1.15% |
| $2M-$3M | Prime + 1.00% |
| $3M-$4M | Prime + 1.13% |
| $4M-$5M | Prime + 1.04% |
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q4 '23 | Prime + 1.50% | Prime + 2.00% | Prime + 1.42% – Prime + 2.50% | 3 |
| Q1 '24 | Prime + 1.00% | Prime + 2.00% | Prime + 1.48% – Prime + 2.50% | 3 |
| Q2 '24 | Prime + 1.50% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 5 |
| Q1 '25 | Prime + 1.00% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
| Q3 '25 | Prime + 1.00% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 5 |
| Q4 '25 | Prime + 1.50% | Prime + 2.25% | Prime + 1.67% – Prime + 2.75% | 3 |
| Q1 '26 | Prime + 1.00% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 6 |
| Q2 '26 | Prime + 1.00% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
Bank of Hope has originated 7(a) acquisition loans in 14 states, most actively in Texas (22), California (12) and Georgia (5). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Texas | 22 | 38.6% |
| California | 12 | 21.1% |
| Georgia | 5 | 8.8% |
| Colorado | 4 | 7.0% |
| Washington | 3 | 5.3% |
| New York | 2 | 3.5% |
| South Carolina | 2 | 3.5% |
| Alabama | 1 | 1.8% |
| North Carolina | 1 | 1.8% |
| Maryland | 1 | 1.8% |
| Kansas | 1 | 1.8% |
| Oklahoma | 1 | 1.8% |
| North Dakota | 1 | 1.8% |
| New Jersey | 1 | 1.8% |
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