WF
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
- Charge-off 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% (moderate risk) |
| Anytime Fitness | 140 | $60.9M | 15.7% (high risk) |
| Dairy Queen | 135 | $50.2M | 13.4% (elevated risk) |
| Jimmy John's | 106 | $46.9M | 7.5% (moderate risk) |
| Big O Tires | 101 | $47.4M | 18.0% (high risk) |
| Quiznos | 101 | $13.8M | 26.7% (very high risk) |
| Mail Boxes Etc. Usa | 100 | $11.6M | 9.0% (moderate risk) |
| Ace Hardware | 100 | $58.0M | 22.6% (very high risk) |
| Orange Theory Fitness | 96 | $48.2M | 2.2% (low risk) |
| Great Clips | 79 | $13.3M | 7.8% (moderate risk) |
| Meineke Car Care | 70 | $18.4M | 20.3% (very high risk) |
| Domino's Pizza | 58 | $14.1M | 12.3% (elevated risk) |
| The Goddard School | 57 | $113.8M | 0.0% (low risk) |
| Cold Stone Creamery, Inc. | 56 | $10.4M | 16.1% (high risk) |
| Anytime Fitness | 51 | $28.9M | 31.0% (very high risk) |
| Midas Muffler Shop | 49 | $17.6M | 17.0% (high risk) |
| Schlotzsky's Sandwich Shop | 48 | $9.7M | 10.6% (elevated risk) |
| Super 8 Motel | 48 | $47.7M | 10.4% (elevated risk) |
| Cici's Pizza | 48 | $11.7M | 10.4% (elevated risk) |
| Burger King | 46 | $20.9M | 4.3% (low risk) |
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 charge-off 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% (elevated risk)
1,02822.7% (very high risk)
49017.7% (high risk)
40819.6% (high risk)
37517.3% (high risk)
36319.0% (high risk)
24911.8% (elevated risk)
24015.1% (high risk)
23413.5% (elevated risk)
19815.7% (high risk)
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
Charge-off 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%), High Risk (>20%).
Frequently asked questions
- How many SBA 7(a) franchise loans has Wells Fargo Bank National Association originated?
- 7,487 loans totaling $3154.1M. The portfolio carries a 17.1% charge-off rate, earning a “ELEVATED” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). For SBA 7(a) franchise lending, the national average runs 5–8%. Portfolios materially above that signal either riskier franchise selection or weaker underwriting.
- Where does this lending data come from?
- SBA 7(a) loan records released under the Freedom of Information Act. Each record carries approval date, amount, lender, business type, NAICS code, location, and outcome. See methodology.
- Which franchise brands does Wells Fargo Bank National Association fund the most?
- The “Top franchise exposures” table above lists the brands Wells Fargo Bank National Association has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.