Wells Fargo Bank National Association
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Wells Fargo Bank National Association · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621210 | Offices of Dentists | 3,914 | $1.66B | $425K | 3.0% |
| 811111 | General Automotive Repair | 2,136 | $550.5M | $258K | 1.6% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 1,889 | $1.06B | $562K | 1.4% |
| 621310 | Offices of Chiropractors | 1,756 | $328.4M | $187K | 1.3% |
| 713940 | Fitness and Recreational Sports Centers | 1,692 | $531.7M | $314K | 1.3% |
| 624410 | Child Care Services | 1,616 | $990.0M | $613K | 1.2% |
| 541110 | Offices of Lawyers | 1,608 | $419.7M | $261K | 1.2% |
| 541940 | Veterinary Services | 1,406 | $736.2M | $524K | 1.1% |
| 236118 | Residential Remodelers | 1,382 | $90.9M | $66K | 1.1% |
| 812112 | Beauty Salons | 1,368 | $199.2M | $146K | 1.0% |
Geographic Distribution
SBA lending activity for Wells Fargo Bank National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 32,233 | $9.73B | 24.6% |
| Texas (TX) | 15,844 | $3.85B | 12.1% |
| Colorado (CO) | 8,046 | $2.08B | 6.1% |
| Arizona (AZ) | 6,414 | $2.06B | 4.9% |
| Florida (FL) | 7,577 | $1.97B | 5.8% |
| Minnesota (MN) | 6,337 | $1.27B | 4.8% |
| Washington (WA) | 4,172 | $1.07B | 3.2% |
| North Carolina (NC) | 3,561 | $875.0M | 2.7% |
| Georgia (GA) | 3,692 | $826.2M | 2.8% |
| Oregon (OR) | 2,741 | $806.0M | 2.1% |
| Pennsylvania (PA) | 3,140 | $668.8M | 2.4% |
| New Jersey (NJ) | 2,610 | $651.3M | 2.0% |
| Virginia (VA) | 2,573 | $585.8M | 2.0% |
| Utah (UT) | 2,533 | $556.0M | 1.9% |
| New York (NY) | 1,444 | $503.5M | 1.1% |
| Nevada (NV) | 2,452 | $497.3M | 1.9% |
| New Mexico (NM) | 2,175 | $447.1M | 1.7% |
| Illinois (IL) | 1,218 | $431.4M | 0.9% |
| Idaho (ID) | 2,234 | $412.1M | 1.7% |
| Wisconsin (WI) | 1,519 | $363.3M | 1.2% |
| Indiana (IN) | 937 | $320.2M | 0.7% |
| South Carolina (SC) | 1,453 | $313.8M | 1.1% |
| Maryland (MD) | 1,128 | $310.2M | 0.9% |
| Nebraska (NE) | 1,185 | $305.3M | 0.9% |
| Alaska (AK) | 1,315 | $298.3M | 1.0% |
| Alabama (AL) | 1,566 | $280.2M | 1.2% |
| Iowa (IA) | 1,761 | $277.3M | 1.3% |
| Connecticut (CT) | 882 | $270.0M | 0.7% |
| Michigan (MI) | 771 | $237.7M | 0.6% |
| Ohio (OH) | 613 | $215.5M | 0.5% |
| Montana (MT) | 1,318 | $205.2M | 1.0% |
| Missouri (MO) | 423 | $200.9M | 0.3% |
| South Dakota (SD) | 961 | $189.2M | 0.7% |
| Wyoming (WY) | 942 | $159.3M | 0.7% |
| Massachusetts (MA) | 356 | $156.3M | 0.3% |
| Tennessee (TN) | 468 | $154.3M | 0.4% |
| Kansas (KS) | 243 | $115.9M | 0.2% |
| North Dakota (ND) | 561 | $100.2M | 0.4% |
| Kentucky (KY) | 173 | $71.3M | 0.1% |
| Delaware (DE) | 361 | $67.0M | 0.3% |
| Oklahoma (OK) | 153 | $65.5M | 0.1% |
| Arkansas (AR) | 95 | $48.5M | 0.1% |
| District of Columbia (DC) | 156 | $41.1M | 0.1% |
| Louisiana (LA) | 96 | $34.3M | 0.1% |
| Mississippi (MS) | 165 | $31.4M | 0.1% |
| New Hampshire (NH) | 61 | $27.8M | 0.0% |
| Rhode Island (RI) | 40 | $14.6M | 0.0% |
| Maine (ME) | 51 | $12.9M | 0.0% |
| Hawaii (HI) | 45 | $12.2M | 0.0% |
| West Virginia (WV) | 27 | $8.6M | 0.0% |
| Vermont (VT) | 25 | $7.2M | 0.0% |
| MH (MH) | 1 | $666K | 0.0% |
| AS (AS) | 1 | $50K | 0.0% |
| PR (PR) | 1 | $20K | 0.0% |
| VI (VI) | 1 | $20K | 0.0% |
Why Choose Wells Fargo Bank National Association?
Based on SBA 7(a) lending track record from 1991-2025
- ✓Proven Track Record: 130,850 SBA loans approved, totaling $34.22B in financing
- ✓Industry Expertise: Specialized focus on Offices of Dentists, General Automotive Repair, Offices of Physicians (except Mental Health Specialists)
- ✓Competitive Terms: Average interest rate of 7.98% with flexible term lengths averaging 127 months
- ✓Loan Range: Loan sizes from $60 to $5.0M, with an average of $261K
- ✓Nationwide Reach: Active lending in 55 states, with strong presence in CA, TX, CO
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 offices of dentists, general automotive repair, offices of physicians (except mental health specialists), offices of chiropractors. 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 7.98% and average term length of 127 months (approximately 11 years). Loan sizes range from $60 to $5.0M, with an average loan size of $261K.
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 130,850 SBA loans totaling $34.22B since 1991. 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, CO, FL, AZ. 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.
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