IncredibleBank
Headquartered in WAUSAU, WI. Analysis based on 415 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $502.0M.
Total 7(a) loans
415
Total approved
$502.0M
Average loan
$1.2M
States funded in
39
Charge-off rate
2.13%
FY2020–FY2023 cohort
Paid-in-full rate
29.33%
Average rate
6.73%
Average term
193 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 721110 | Hotels (except Casino Hotels) and Motels | 33 |
| 722511 | Full-Service Restaurants | 30 |
| 445310 | Beer, Wine, and Liquor Stores | 15 |
| 447110 | Gasoline Stations with Convenience Stores | 14 |
| 812210 | Funeral Homes and Funeral Services | 14 |
| 811111 | General Automotive Repair | 12 |
| 722513 | Limited-Service Restaurants | 11 |
| 492210 | Local Messengers and Local Delivery | 9 |
| 484121 | General Freight Trucking, Long Distance, Truckload | 9 |
| 445110 | Supermarkets and Other Grocery (except Convenience) Stores | 8 |
Top 10 states
| State | Loans |
|---|---|
| WI | 60 |
| CA | 42 |
| FL | 40 |
| MI | 40 |
| TX | 37 |
| CO | 33 |
| NC | 26 |
| IL | 14 |
| PA | 13 |
| GA | 13 |
Top franchise brands financed
77 franchise loans across 53 distinct brands.
| Franchise | Loans |
|---|---|
| The UPS Store (f/k/a Mail Box | 7 |
| Days Inn by Wyndham | 6 |
| Ruth's Chris Steak House | 3 |
| Midas | 3 |
| iCode | 2 |
| Travelodge by Wyndham | 2 |
| Restore Hyper Wellness | 2 |
| Armada Oil & Gas Co. (BP) Prod | 2 |
| U.S. Oil (Sunoco)Retailer Supp | 2 |
| La Quinta by Wyndham a.k.a. La | 2 |
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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.