Shinhan Bank America

NY

SBA-approved lender offering 6 loan programs across 3 industries.

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Key Metrics

Interest Rate

7.93%

1.18% over prime

Average Loan

$911K

Per approval

Total Approvals

25

FY 2025

Loan Programs (6)

Change of Ownership
Existing or more than 2 years old
New Business or 2 years or less
Preferred Lenders Program
Variable Rates
Fixed Rates

Industries Served (3)

Drinking Places (Alcoholic Beverages)Full-Service RestaurantsLimited-Service Restaurants

Additional Details

Prime Rate
6.75%
Rate Over Prime
1.18%
Effective Rate
7.93%
Fiscal Year
2025
States Served
NY

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