WF
SBA 7(a) franchise lending portfolio
Wells Fargo Bank National Association
Risk rating: Elevated
- Total loans
- 7,487
- Loan volume
- $3.2B
- Avg loan size
- $421K
- Charge-off rate
- 17.1%
- vs 16.0% national
Charged off
1,118
Avg interest
6.07%
Franchises funded
1,592
Risk rating
Elevated
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 206 | $33.6M | 7.3% (good) |
| Anytime Fitness | 191 | $89.7M | 18.8% (elevated) |
| Dairy Queen | 135 | $50.2M | 13.4% (average) |
| Jimmy John's | 106 | $46.9M | 7.5% (good) |
| Big O Tires | 101 | $47.4M | 18.0% (elevated) |
| Quiznos | 101 | $13.8M | 26.7% (high risk) |
| Mail Boxes Etc. Usa | 100 | $11.6M | 9.0% (good) |
| Ace Hardware | 100 | $58.0M | 22.6% (high risk) |
| Orange Theory Fitness | 96 | $48.2M | 2.2% (excellent) |
| Great Clips | 79 | $13.3M | 7.8% (good) |
| Meineke Car Care | 70 | $18.4M | 20.3% (high risk) |
| Domino's Pizza | 58 | $14.1M | 12.3% (average) |
| The Goddard School | 57 | $113.8M | 0.0% (excellent) |
| Cold Stone Creamery, Inc. | 56 | $10.4M | 16.1% (elevated) |
| Midas Muffler Shop | 49 | $17.6M | 17.0% (elevated) |
| Schlotzsky's Sandwich Shop | 48 | $9.7M | 10.6% (average) |
| Super 8 Motel | 48 | $47.7M | 10.4% (average) |
| Cici's Pizza | 48 | $11.7M | 10.4% (average) |
| Burger King | 46 | $20.9M | 4.3% (excellent) |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 159 |
| FY1993 | 200 |
| FY1994 | 284 |
| FY1995 | 387 |
| FY1996 | 514 |
| FY1997 | 382 |
| FY1998 | 209 |
| FY1999 | 206 |
| FY2000 | 211 |
| FY2001 | 231 |
| FY2002 | 288 |
| FY2003 | 243 |
| FY2004 | 257 |
| FY2005 | 318 |
| FY2006 | 236 |
| FY2007 | 165 |
| FY2008 | 151 |
| FY2009 | 91 |
| FY2010 | 46 |
| FY2011 | 59 |
| FY2012 | 87 |
| FY2013 | 173 |
| FY2014 | 349 |
| FY2015 | 413 |
| FY2016 | 398 |
| FY2017 | 396 |
| FY2018 | 343 |
| FY2019 | 232 |
| FY2020 | 132 |
| FY2021 | 100 |
| FY2022 | 66 |
| FY2023 | 50 |
| FY2024 | 31 |
| FY2025 | 57 |
| FY2026 | 23 |
SBA 7(a) · charge-off rate by approval year
Wells Fargo Bank National Association: above all franchise loans in 21 of 30 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (recent years: too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1992 | 158 | 16 | 10.1% |
| 1993 | 200 | 20 | 10.0% |
| 1994 | 282 | 34 | 12.1% |
| 1995 | 383 | 57 | 14.9% |
| 1996 | 512 | 97 | 18.9% |
| 1997 | 378 | 52 | 13.8% |
| 1998 | 208 | 26 | 12.5% |
| 1999 | 206 | 39 | 18.9% |
| 2000 | 211 | 42 | 19.9% |
| 2001 | 230 | 52 | 22.6% |
| 2002 | 287 | 47 | 16.4% |
| 2003 | 243 | 39 | 16.0% |
| 2004 | 256 | 46 | 18.0% |
| 2005 | 317 | 72 | 22.7% |
| 2006 | 236 | 91 | 38.6% |
| 2007 | 164 | 66 | 40.2% |
| 2008 | 150 | 39 | 26.0% |
| 2009 | 89 | 19 | 21.3% |
| 2010 | 45 | 4 | 8.9% |
| 2011 | 58 | 10 | 17.2% |
| 2012 | 83 | 10 | 12.0% |
| 2013 | 159 | 15 | 9.4% |
| 2014 | 333 | 36 | 10.8% |
| 2015 | 384 | 46 | 12.0% |
| 2016 | 303 | 38 | 12.5% |
| 2017 | 270 | 46 | 17.0% |
| 2018 | 204 | 32 | 15.7% |
| 2019 | 113 | 17 | 15.0% |
| 2020 | 53 | 9 | 17.0% |
| 2021 | 24 | 0 | 0.0% |
| 2022 | 5 | 1 | Too early |
| 2023 | 5 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
1,25014.8% (average)
1,02822.7% (high risk)
49017.7% (elevated)
40819.6% (elevated)
37517.3% (elevated)
36319.0% (elevated)
24911.8% (average)
24015.1% (elevated)
23413.5% (average)
19815.7% (elevated)
Portfolio summary
Total funded$3.2B
Charged off1,118 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). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Wells Fargo Bank National Association's rate of 17.1% is above the national rate.
- 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.