Wells Fargo Bank National Association
Headquartered in Sioux Falls, SD. Analysis based on 11,784 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $3.16B.
Risk ranking: Among 65 lenders with 500+ mature SBA 7(a) loans (FY2020–FY2023),
Wells Fargo Bank National Association ranks #60 by charge-off rate (5.48%).
Total 7(a) loans
11,784
Total approved
$3.16B
Average loan
$268K
States funded in
50
Charge-off rate
5.48%
FY2020–FY2023 cohort
Paid-in-full rate
19.03%
Average rate
10.00%
Average term
146 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 484121 | General Freight Trucking, Long Distance, Truckload | 391 |
| 484110 | General Freight Trucking, Local | 343 |
| 236118 | Residential Remodelers | 297 |
| 454110 | Electronic Shopping and Mail-Order Houses | 243 |
| 722511 | Full-Service Restaurants | 202 |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 194 |
| 561730 | Landscaping Services | 184 |
| 621210 | Offices of Dentists | 175 |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 162 |
| 541110 | Offices of Lawyers | 159 |
Top 10 states
| State | Loans |
|---|---|
| CA | 2,426 |
| TX | 1,528 |
| FL | 1,379 |
| GA | 647 |
| CO | 548 |
| NC | 547 |
| AZ | 521 |
| NJ | 360 |
| VA | 333 |
| MN | 332 |
Top franchise brands financed
486 franchise loans across 200 distinct brands.
| Franchise | Loans |
|---|---|
| Christian Brothers Automotive | 29 |
| Ace Hardware | 29 |
| The Goddard School | 27 |
| Uptown Cheapskate | 19 |
| D-BAT | 17 |
| The UPS Store (f/k/a Mail Box | 14 |
| AlphaGraphics | 13 |
| Camp Bow Wow | 9 |
| School of Rock | 7 |
| SportClips | 7 |
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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.