Shinhan Bank America: SBA loans in this registry

About this lender

Type

Bank

Headquarters

New York, NY

FDIC certificate number

33188

Total assets

$2.2 billion (as of June 30, 2026)

Established

1990

Offices

14

Website

www.shbamerica.com

Acquisition loans (7(a))

5 loans, $7.6M total, $1.5M average

Approval dates

May 1, 2025 to Sep 29, 2025

Typical term (median)

acquisition loans: 25 years

Initial interest rate (7(a))

8% to 9%, median 8.25%

Rate type (7(a))

100% variable, 0% fixed

Top industries

• Limited-Service Restaurants: 2 loans
• Full-Service Restaurants: 1 loan
• Child Care Services: 1 loan
• Supermarkets and Other Grocery Retailers (except Convenience Retailers): 1 loan

Top states

• California: 3 loans
• Arizona: 1 loan
• New Jersey: 1 loan

Largest deals

• 120 Main LLC, Fort Lee, NJ: $3,600,000 (7(a) acquisition, Sep 19, 2025)
• Egg Heaven, LLC, Tucson, AZ: $1,125,000 (7(a) acquisition, Sep 29, 2025)
• SP & SP, Inc, San Pedro, CA: $1,070,000 (7(a) acquisition, May 1, 2025)
• J4K Preschool Temecula Inc., Temecula, CA: $950,000 (7(a) acquisition, Jul 30, 2025)
• Somi Market Inc, Los Angeles, CA: $860,000 (7(a) acquisition, Jul 18, 2025)

Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.

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