![Wells Fargo Bank National Association logo](https://cdn.brandfetch.io/wellsfargo.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
Wells Fargo Bank National Association
ELEVATED risk
- Total loans
- 7,487
- Loan volume
- $3.2B
- Avg loan size
- $421K
- Default rate
- 17.1%
- vs 15.4% national avg
Defaults
1,118
Avg interest
6.07%
Franchises funded
1,592
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 206 | $33.6M | 7.3% |
| Anytime Fitness | 140 | $60.9M | 15.7% |
| Dairy Queen | 135 | $50.2M | 13.4% |
| Jimmy John's | 106 | $46.9M | 7.5% |
| Big O Tires | 101 | $47.4M | 18.0% |
| Quiznos | 101 | $13.8M | 26.7% |
| Mail Boxes Etc. Usa | 100 | $11.6M | 9.0% |
| Ace Hardware | 100 | $58.0M | 22.6% |
| Orange Theory Fitness | 96 | $48.2M | 2.2% |
| Great Clips | 79 | $13.3M | 7.8% |
| Meineke Car Care | 70 | $18.4M | 20.3% |
| Domino's Pizza | 58 | $14.1M | 12.3% |
| The Goddard School | 57 | $113.8M | 0.0% |
| Cold Stone Creamery, Inc. | 56 | $10.4M | 16.1% |
| Anytime Fitness | 51 | $28.9M | 31.0% |
| Midas Muffler Shop | 49 | $17.6M | 17.0% |
| Schlotzsky's Sandwich Shop | 48 | $9.7M | 10.6% |
| Super 8 Motel | 48 | $47.7M | 10.4% |
| Cici's Pizza | 48 | $11.7M | 10.4% |
| Burger King | 46 | $20.9M | 4.3% |
Lending volume by year
159'92
200
284
387
514
382'97
209
206
211
231
288'02
243
257
318
236
165'07
151
91
46
59
87'12
173
349
413
398
396'17
343
232
132
100
66'22
50
31
57
23'26
Wells Fargo Bank National Association default rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Geographic exposure
1,25014.8%
1,02822.7%
49017.7%
40819.6%
37517.3%
36319.0%
24911.8%
24015.1%
23413.5%
19815.7%
Portfolio summary
Total funded$3.2B
Defaults1,118 of 7,487
Risk tierELEVATED
Avg rate6.07%
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%).