Wells Fargo Bank National Association
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Wells Fargo Bank National Association
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 484121 | General Freight Trucking, Long Distance, Truckload | 3,128 | $90.0M | $29K | 3.3% |
| 484110 | General Freight Trucking, Local | 2,744 | $166.8M | $61K | 2.9% |
| 236118 | Residential Remodelers | 2,376 | $166.8M | $70K | 2.5% |
| 454110 | Electronic Shopping and Mail-Order Houses | 1,944 | $123.8M | $64K | 2.1% |
| 722511 | Full-Service Restaurants | 1,616 | $562.8M | $348K | 1.7% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 1,552 | $1.17B | $752K | 1.6% |
| 561730 | Landscaping Services | 1,472 | $268.9M | $183K | 1.6% |
| 621210 | Offices of Dentists | 1,400 | $1.25B | $890K | 1.5% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 1,296 | $458.5M | $354K | 1.4% |
| 541110 | Offices of Lawyers | 1,272 | $411.5M | $323K | 1.3% |
Geographic Distribution
SBA lending activity for Wells Fargo Bank National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 19,408 | $6.91B | 20.6% |
| Texas (TX) | 12,224 | $2.80B | 13.0% |
| Florida (FL) | 11,032 | $1.62B | 11.7% |
| Arizona (AZ) | 4,168 | $1.41B | 4.4% |
| Colorado (CO) | 4,384 | $1.39B | 4.7% |
| New York (NY) | 1,400 | $929.2M | 1.5% |
| Oregon (OR) | 1,840 | $858.2M | 2.0% |
| Washington (WA) | 2,096 | $855.7M | 2.2% |
| New Jersey (NJ) | 2,880 | $847.0M | 3.1% |
| North Carolina (NC) | 4,376 | $778.1M | 4.6% |
| Nevada (NV) | 2,400 | $619.2M | 2.5% |
| Georgia (GA) | 5,176 | $581.0M | 5.5% |
| Minnesota (MN) | 2,656 | $449.6M | 2.8% |
| Utah (UT) | 1,472 | $430.0M | 1.6% |
| Virginia (VA) | 2,664 | $399.6M | 2.8% |
| South Carolina (SC) | 2,224 | $330.4M | 2.4% |
| Missouri (MO) | 328 | $298.3M | 0.3% |
| Illinois (IL) | 464 | $277.3M | 0.5% |
| Maryland (MD) | 1,168 | $240.6M | 1.2% |
| Alaska (AK) | 632 | $235.4M | 0.7% |
| Pennsylvania (PA) | 1,960 | $232.2M | 2.1% |
| Nebraska (NE) | 544 | $226.1M | 0.6% |
| New Mexico (NM) | 1,080 | $209.6M | 1.1% |
| Kansas (KS) | 296 | $180.3M | 0.3% |
| Alabama (AL) | 1,176 | $170.3M | 1.2% |
| Massachusetts (MA) | 160 | $156.5M | 0.2% |
| Idaho (ID) | 816 | $144.2M | 0.9% |
| Wisconsin (WI) | 568 | $133.7M | 0.6% |
| Tennessee (TN) | 664 | $131.5M | 0.7% |
| Ohio (OH) | 240 | $120.5M | 0.3% |
| South Dakota (SD) | 312 | $118.0M | 0.3% |
| Oklahoma (OK) | 80 | $115.7M | 0.1% |
| Michigan (MI) | 112 | $115.6M | 0.1% |
| Connecticut (CT) | 456 | $111.8M | 0.5% |
| New Hampshire (NH) | 128 | $106.4M | 0.1% |
| Indiana (IN) | 144 | $104.4M | 0.2% |
| Arkansas (AR) | 128 | $102.7M | 0.1% |
| Montana (MT) | 616 | $97.7M | 0.7% |
| Iowa (IA) | 432 | $85.9M | 0.5% |
| Mississippi (MS) | 376 | $68.9M | 0.4% |
| Louisiana (LA) | 88 | $44.5M | 0.1% |
| Delaware (DE) | 312 | $43.6M | 0.3% |
| Wyoming (WY) | 152 | $39.8M | 0.2% |
| District of Columbia (DC) | 176 | $39.5M | 0.2% |
| North Dakota (ND) | 112 | $32.7M | 0.1% |
| Kentucky (KY) | 72 | $27.2M | 0.1% |
| Rhode Island (RI) | 32 | $14.2M | 0.0% |
| Hawaii (HI) | 16 | $5.0M | 0.0% |
| West Virginia (WV) | 24 | $4.8M | 0.0% |
| Maine (ME) | 8 | $79K | 0.0% |
Why Choose Wells Fargo Bank National Association?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 94,272 SBA loans approved, totaling $25.25B in financing
- ✓Industry Expertise: Specialized focus on General Freight Trucking, Long Distance, Truckload, General Freight Trucking, Local, Residential Remodelers
- ✓Competitive Terms: Average interest rate of 10.00% with flexible term lengths averaging 146 months
- ✓Loan Range: Loan sizes from $5K to $5.0M, with an average of $268K
- ✓Nationwide Reach: Active lending in 50 states, with strong presence in CA, TX, FL
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Wells Fargo Bank National Association SBA lending
What types of businesses does Wells Fargo Bank National Association typically finance?
Wells Fargo Bank National Association specializes in SBA 7(a) lending to specific industries including general freight trucking, long distance, truckload, general freight trucking, local, residential remodelers, electronic shopping and mail-order houses. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Wells Fargo Bank National Association's typical SBA loan terms?
Wells Fargo Bank National Association's SBA 7(a) loans typically feature an average interest rate of 10.00% and average term length of 146 months (approximately 12 years). Loan sizes range from $5K to $5.0M, with an average loan size of $268K.
Do I need a business valuation for a Wells Fargo Bank National Association SBA loan?
Yes, Wells Fargo Bank National Association typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Wells Fargo Bank National Association compare to other SBA lenders?
Wells Fargo Bank National Association has originated 94,272 SBA loans totaling $25.25B since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Wells Fargo Bank National Association lend in?
Wells Fargo Bank National Association provides SBA 7(a) financing with particularly strong presence in CA, TX, FL, GA, CO. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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