Everwise Credit Union
Headquartered in SOUTH BEND, IN. Analysis based on 95 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $185.9M.
Total 7(a) loans
95
Total approved
$185.9M
Average loan
$2.0M
States funded in
22
Charge-off rate
3.39%
FY2020–FY2023 cohort
Paid-in-full rate
18.64%
Average rate
8.61%
Average term
182 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 721110 | Hotels (except Casino Hotels) and Motels | 19 |
| 722511 | Full-Service Restaurants | 9 |
| 722513 | Limited-Service Restaurants | 6 |
| 713990 | All Other Amusement and Recreation Industries | 5 |
| 621610 | Home Health Care Services | 4 |
| 326199 | All Other Plastics Product Manufacturing | 3 |
| 531120 | Lessors of Nonresidential Buildings (except Miniwarehouses) | 3 |
| 713950 | Bowling Centers | 3 |
| 441120 | Used Car Dealers | 2 |
| 238990 | All Other Specialty Trade Contractors | 2 |
Top 10 states
| State | Loans |
|---|---|
| IN | 40 |
| MI | 15 |
| IL | 12 |
| FL | 3 |
| TX | 3 |
| DE | 2 |
| VA | 2 |
| WI | 2 |
| MA | 2 |
| IA | 2 |
Top franchise brands financed
31 franchise loans across 22 distinct brands.
| Franchise | Loans |
|---|---|
| Urban Air Adventure Park | 4 |
| Candlewood Suites | 2 |
| Best Western - Membership Agre | 2 |
| Fairfield by Marriott/Fairfiel | 2 |
| Culver's ButterBurgers & Froze | 2 |
| Days Inn by Wyndham | 2 |
| Hampton Inn | 2 |
| Subway | 1 |
| Dickey's Barbecue Pit | 1 |
| Grease Monkey | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.