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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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SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
contracting
As Of March 31, 2026
Median
$725K
Average
$1.7M
Sweet Spot
$0-$500K
Industries with highest loan volume
Hotels (except Casino Hotels) and Motels
20
loans
$3.5M
avg. amount
Hotels (except Casino Hotels) and Motels
20
loans
$3.5M
avg
Full-Service Restaurants
9
loans
$741K
avg. amount
Full-Service Restaurants
9
loans
$741K
avg
Limited-Service Restaurants
8
loans
$293K
avg. amount
Limited-Service Restaurants
8
loans
$293K
avg
Gasoline Stations with Convenience Stores
6
loans
$3.5M
avg. amount
Gasoline Stations with Convenience Stores
6
loans
$3.5M
avg
Beer, Wine, and Liquor Retailers
3
loans
$1.1M
avg. amount
Beer, Wine, and Liquor Retailers
3
loans
$1.1M
avg
Coin-Operated Laundries and Drycleaners
2
loans
$375K
avg. amount
Coin-Operated Laundries and Drycleaners
2
loans
$375K
avg
Nail Salons
2
loans
$220K
avg. amount
Nail Salons
2
loans
$220K
avg
Snack and Nonalcoholic Beverage Bars
2
loans
$583K
avg. amount
Snack and Nonalcoholic Beverage Bars
2
loans
$583K
avg
Drycleaning and Laundry Services (except Coin-Operated)
2
loans
$388K
avg. amount
Drycleaning and Laundry Services (except Coin-Operated)
2
loans
$388K
avg
Dental Laboratories
1
loans
$450K
avg. amount
Dental Laboratories
1
loans
$450K
avg
10-Year Default Rate
2.7%
Percentile Ranking
91th
91th percentile
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.77% |
| $500K-$1M | Prime + 1.46% |
| $1M-$2M | Prime + 1.20% |
| $2M-$3M | Prime + 1.04% |
| $3M-$4M | Prime + 1.25% |
| $4M-$5M | Prime + 1.02% |
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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