Wells Fargo Bank National Association: SBA Lending Record

Wells Fargo Bank National Association in the SBA file

SBA lists 24,642 loans approved between FY2017 and FY2026 under Wells Fargo Bank National Association, for gross dollars of $7.29 billion. Every one of them sits in the 7(a) program, and the 504 count is 0. That shape matters to a reader: this record says nothing about 504 financing, because the file credits no 504 loans to this holder. The figures describe loans that SBA shows as currently held, or last held, by Wells Fargo Bank National Association. They do not trace the history of each loan before the current holder, and nothing here assesses the bank's practices.

Where the book sits by asset class

Most of the book is not tied to any asset class we track: 20,083 loans fall outside them. Among the loans that are classed, the largest groups are fitness center with 513 loans, full-service restaurant with 476, dental office with 464 and medical office (physicians) with 403. Limited-service restaurant follows at 390, automotive mechanical repair (car and truck) at 345, and beauty salon at 345 as well. A borrower planning one of those property types can see that the holder appears often in the file for that type. A borrower planning a type that never appears in the list should not read the silence as a signal either way, since the list is only a count of loans the holder carries.

Geography of the holdings

By state, California leads with 5,335 loans, ahead of Texas at 3,197 and Florida at 2,490. Colorado has 1,390, Georgia 1,227, North Carolina 1,106 and Arizona 979. The spread is wide, which says the holder's record covers many markets, but a state count says nothing about any single trade area inside a state. A study still has to test the local market for the specific site.

Cancellations and charge-offs, read as floors

A cancelled share of 7.9% shows for approvals dated FY2017 to FY2024, and 9.5% once undisbursed loans join the count; that second number is the ceiling. Disbursements of FY2017 to FY2021 form a cohort of 14,716 loans: 8.4% have since become charge-offs (a floor), and 4.8% show one inside five years of approval. Seasoning only adds to a floor. The rates pool every business type in the book, so none speaks for a car wash, a hotel or any single property type.

How a borrower uses this record

A lender's SBA record is background to a feasibility study, never a substitute for one. The study tests demand for the property, then the build and equipment cost, then whether projected cash flow covers the loan payments with margin to spare. It also supports the appraisal. A borrower who brings such a study to this holder, or to any lender, hands the credit officer evidence about the project itself. The loan counts above only show the scale of the holder's file, and they promise nothing about what the holder will decide on a new request.