![Wallis Bank logo](https://cdn.brandfetch.io/wallisbank.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Wallis Bank
GOOD risk
- Total loans
- 352
- Loan volume
- $610.3M
- Avg loan size
- $1.7M
- Default rate
- 9.4%
- vs 15.4% national avg
Defaults
17
Avg interest
6.51%
Franchises funded
178
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| La Quinta by Wyndham a.k.a. La | 14 | $55.7M | 0.0% |
| Days Inn | 8 | $12.1M | 0.0% |
| Red Roof Inn | 8 | $21.2M | 0.0% |
| Quality Inn by Choice Hotels / | 8 | $20.2M | 0.0% |
| Motel 6 | 7 | $17.7M | 0.0% |
| Best Western - Membership Agre | 7 | $20.7M | 0.0% |
| Days Inn by Wyndham | 7 | $15.8M | 0.0% |
| Cole Distributing Company, LLC | 7 | $8.4M | 0.0% |
| Econo Lodge by Choice Hotels/E | 6 | $12.6M | 25.0% |
| Super 8 by Wyndhan | 6 | $12.7M | 0.0% |
| Holiday Inn Express/Holiday In | 6 | $20.2M | 0.0% |
| Chevron - Retail Supply Contra | 5 | $11.9M | 0.0% |
| Best Western Inn | 5 | $8.2M | 0.0% |
| SEI Fuel Services, Inc (Multi | 5 | $8.6M | 0.0% |
| Partners Investors C-Stores, L | 5 | $10.6M | 0.0% |
| New Distributing Co. Inc (Cono | 5 | $4.2M | — |
| Circle K Stores, Inc. (Multi B | 4 | $6.3M | 0.0% |
| Sunoco, LLC (Various Brands) F | 4 | $3.7M | 0.0% |
| King Fuels, Inc (Chevron) Moto | 4 | $7.4M | 0.0% |
| Fuel Maxx (Exxon) Dealer Franc | 4 | $17.0M | 0.0% |
Lending volume by year
1'04
1'06
1'08
3'11
1'12
6'13
12'14
10'15
11'16
22'17
31'18
24'19
40'20
82'21
33'22
41'23
22'24
11'25
Wallis Bank default rate by loan vintage
BrandNational avg
Geographic exposure
28311.7%
180.0%
170.0%
50.0%
40.0%
40.0%
40.0%
30.0%
20.0%
20.0%
Portfolio summary
Total funded$610.3M
Defaults17 of 352
Risk tierGOOD
Avg rate6.51%
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Default rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Risk ratings: Excellent (<5%), Good (5-10%), Average (10-15%), Elevated (15-20%), Critical (>20%).