FWBank
Headquartered in CHICAGO, IL. Analysis based on 173 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $202.6M.
Total 7(a) loans
173
Total approved
$202.6M
Average loan
$1.2M
States funded in
32
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
13.21%
Average rate
9.38%
Average term
162 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722511 | Full-Service Restaurants | 20 |
| 722513 | Limited-Service Restaurants | 19 |
| 713940 | Fitness and Recreational Sports Centers | 16 |
| 722515 | Snack and Nonalcoholic Beverage Bars | 14 |
| 812199 | Other Personal Care Services | 14 |
| 624410 | Child Day Care Services | 9 |
| 713990 | All Other Amusement and Recreation Industries | 7 |
| 812112 | Beauty Salons | 6 |
| 611620 | Sports and Recreation Instruction | 4 |
| 812910 | Pet Care (except Veterinary) Services | 4 |
Top 10 states
| State | Loans |
|---|---|
| IL | 41 |
| TX | 19 |
| FL | 13 |
| CA | 13 |
| AZ | 11 |
| TN | 9 |
| GA | 8 |
| NC | 7 |
| IN | 7 |
| CO | 4 |
Top franchise brands financed
75 franchise loans across 41 distinct brands.
| Franchise | Loans |
|---|---|
| F45 Training | 6 |
| Prime IV Hydration & Wellness | 4 |
| Urban Air Adventure Park | 4 |
| Heyday | 3 |
| Domino's | 3 |
| The Learning Experience | 3 |
| SweatHouz | 3 |
| Scooter's Coffee | 3 |
| Hand and Stone Massage and Fac | 2 |
| P.volve | 2 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.