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Wells Fargo Bank National Association

Sioux Falls, SD 57104

⭐ SBA Preferred Lender
11,784
Loans Approved
$3.2B
Total Volume
$268K
Avg Loan Size
50
States Served

States Served

AlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutWashington D.C.DelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaWashingtonWisconsinWest VirginiaWyoming

Top Industries Financed

  • General Freight Trucking, Long Distance, Truckload
  • General Freight Trucking, Local
  • Residential Remodelers
  • Electronic Shopping and Mail-Order Houses
  • Full-Service Restaurants

Quick Summary

Wells Fargo Bank National Association is an SBA-approved lender headquartered in Sioux Falls, South Dakota. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 11,784 SBA 7(a) loans totaling $3.2B, with an average loan size of $268K. They serve businesses across 50 states.

About Wells Fargo Bank National Association

Wells Fargo Bank National Association is an SBA-approved lender headquartered in Sioux Falls, South Dakota. Since 2020, they have approved 11,784 SBA 7(a) loans totaling $3.2B, with an average loan size of $268K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 50 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Wells Fargo Bank National Association an SBA Preferred Lender?

Yes, Wells Fargo Bank National Association is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.

How many SBA loans has Wells Fargo Bank National Association approved?

According to SBA FOIA public records, Wells Fargo Bank National Association has approved 11,784 SBA 7(a) loans totaling $3.2B since 2020. Their average loan size is $268K.

What states does Wells Fargo Bank National Association serve?

Wells Fargo Bank National Association serves businesses in 50 states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Washington D.C., Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, West Virginia, Wyoming.

How do I apply for an SBA loan with Wells Fargo Bank National Association?

To apply for an SBA 7(a) loan with Wells Fargo Bank National Association, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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