Wells Fargo Bank, National Association

SD

SBA-approved lender offering 5 loan programs across 202 industries.

Visit Lender Website

Key Metrics

Interest Rate

10.49%

3.74% over prime

Average Loan

$335K

Per approval

Total Approvals

1,607

FY 2025

Loan Programs (5)

7a General
Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business

Industries Served (202)

Administrative Management and General Management Consulting ServicesAdvertising AgenciesAgents and Managers for Artists, Athletes, Entertainers, and Other PubAll Other Amusement and Recreation IndustriesAll Other Automotive Repair and MaintenanceAll Other Basic Organic Chemical ManufacturingAll Other Miscellaneous Ambulatory Health Care ServicesAll Other Miscellaneous Schools and InstructionAll Other Outpatient Care CentersAll Other Personal ServicesAll Other Professional, Scientific, and Technical ServicesAll Other Specialty Trade ContractorsAll Other Support Activities for TransportationAll Other Travel Arrangement and Reservation ServicesAmusement ArcadesAppliance Repair and MaintenanceArchitectural ServicesAutomobile Driving SchoolsAutomobile and Other Motor Vehicle Merchant WholesalersAutomotive Body, Paint, and Interior Repair and MaintenanceAutomotive Glass Replacement ShopsBaked Goods StoresBarber ShopsBeauty SalonsBoat DealersBottled Water ManufacturingBreweriesBuilding Inspection ServicesCable NetworksCar WashesCarpet and Upholstery Cleaning ServicesCaterersChild Day Care ServicesChild and Youth ServicesCoal and Other Mineral and Ore Merchant WholesalersCommercial Gravure PrintingCommercial and Industrial Machinery and Equipment (except Automotive aCommercial and Institutional Building ConstructionComputer Facilities Management ServicesComputer Systems Design ServicesComputer and Computer Peripheral Equipment and Software Merchant WholeConfectionery Merchant WholesalersConstruction and Mining (except Oil Well) Machinery and Equipment MerchantsConstruction, Mining, and Forestry Machinery and Equipment Rental andCouriersCurtain and Linen MillsCustom Architectural Woodwork and Millwork ManufacturingCustom Computer Programming ServicesDairy Cattle and Milk ProductionDance CompaniesData Processing, Hosting, and Related ServicesDeep Sea Freight TransportationDental LaboratoriesDiagnostic Imaging CentersDistilleriesDried and Dehydrated Food ManufacturingDrinking Places (Alcoholic Beverages)Educational Support ServicesElectrical ContractorsEmployment Placement AgenciesEngineering ServicesExterminating and Pest Control ServicesFine Arts SchoolsFinfish FishingFinish Carpentry ContractorsFitness and Recreational Sports CentersFlooring ContractorsForest Nurseries and Gathering of Forest ProductsFreight Transportation ArrangementFresh Fruit and Vegetable Merchant WholesalersFull-Service RestaurantsGeneral Automotive RepairGeneral Freight Trucking, LocalGeneral Freight Trucking, Long Distance, TruckloadGeneral Freight Trucking, Long-Distance, Less Than TruckloadGeneral Medical and Surgical HospitalsGrape VineyardsGraphic Design ServicesHeating Equipment (except Warm Air Furnaces) ManufacturingHome CentersHome Health Care ServicesHome and Garden Equipment Repair and MaintenanceHomes for the ElderlyHotels (except Casino Hotels) and MotelsHunting and TrappingIndependent Artists, Writers, and PerformersIndustrial Supplies Merchant WholesalersInland Water Freight TransportationInstruments and Related Products Manufacturing for Measuring, DisplayingInsurance Agencies and BrokeragesInterior Design ServicesIron and Steel Pipe and Tube Manufacturing from Purchased SteelJanitorial ServicesJewelry, Watch, Precious Stone, and Precious Metal Merchant WholesalerLandscape Architectural ServicesLandscaping ServicesLimited-Service RestaurantsLimousine ServiceLocal Messengers and Local DeliveryMarketing Consulting ServicesMarketing Research and Public Opinion PollingMedical, Dental, and Hospital Equipment and Supplies Merchant WholesalersMetal Service Centers and Other Metal Merchant WholesalersMobile Food ServicesMotion Picture and Video DistributionMotion Picture and Video ProductionMotorcycle, Bicycle, and Parts ManufacturingMuseumsMusical Groups and ArtistsNail SalonsNew Multifamily Housing Construction (except Operative Builders)New Single-Family Housing Construction (except Operative Builders)Nonresidential Property ManagersOffices of All Other Miscellaneous Health PractitionersOffices of Certified Public AccountantsOffices of ChiropractorsOffices of DentistsOffices of LawyersOffices of Mental Health Practitioners (except Physicians)Offices of OptometristsOffices of Physical, Occupational and Speech Therapists, and AudiologiOffices of Physicians (except Mental Health Specialists)Offices of Physicians, Mental Health SpecialistsOffices of Real Estate Agents and BrokersOffices of Real Estate AppraisersOther Accounting ServicesOther Activities Related to Real EstateOther Building Equipment ContractorsOther Building Finishing ContractorsOther Business Service Centers (including Copy Shops)Other Commercial and Industrial Machinery and Equipment Rental and LeaOther Construction Material Merchant WholesalersOther Electric Power GenerationOther Foundation, Structure, and Building Exterior ContractorsOther Grocery and Related Products Merchant WholesalersOther Heavy and Civil Engineering ConstructionOther Management Consulting ServicesOther Miscellaneous Durable Goods Merchant WholesalersOther Miscellaneous Nondurable Goods Merchant WholesalersOther Personal Care ServicesOther Personal and Household Goods Repair and MaintenanceOther Residential Care FacilitiesOther Scientific and Technical Consulting ServicesOther Services Related to AdvertisingOther Services to Buildings and DwellingsOther Specialized Design ServicesOther Support Activities for Road TransportationOther Waste CollectionPainting and Wall Covering ContractorsPet Care (except Veterinary) ServicesPetroleum Bulk Stations and TerminalsPiece Goods, Notions, and Other Dry Goods Merchant WholesalersPlumbing, Heating, and Air-Conditioning ContractorsPoured Concrete Foundation and Structure ContractorsPower and Communication Line and Related Structures ConstructionPower, Distribution, and Specialty Transformer ManufacturingPrivate Mail CentersProfessional and Management Development TrainingPromoters of Performing Arts, Sports, and Similar Events with FacilitiResidential Mental Health and Substance Abuse FacilitiesResidential RemodelersRetail BakeriesRoofing ContractorsSaw Blade and Handtool ManufacturingSawmill, Woodworking, and Paper Machinery ManufacturingScenic and Sightseeing Transportation, LandScenic and Sightseeing Transportation, WaterSecurity Guards and Patrol ServicesSecurity Systems Services (except Locksmiths)Septic Tank and Related ServicesService Establishment Equipment and Supplies Merchant WholesalersServices for the Elderly and Persons with DisabilitiesSiding ContractorsSign ManufacturingSite Preparation ContractorsSmall Arms ManufacturingSnack and Nonalcoholic Beverage BarsSolid Waste CollectionSpecial Needs TransportationSpecialized Freight (except Used Goods) Trucking, LocalSpecialized Freight (except Used Goods) Trucking, Long-DistanceSporting and Recreational Goods and Supplies Merchant WholesalersSports and Recreation InstructionStrawberry FarmingStructural Steel and Precast Concrete ContractorsSupport Activities for Animal ProductionSupport Activities for ForestrySurgical and Medical Instrument ManufacturingTax Preparation ServicesTaxi ServiceTile and Terrazzo ContractorsToy and Hobby Goods and Supplies Merchant WholesalersTruck, Utility Trailer, and RV (Recreational Vehicle) Rental and LeasingUsed Car DealersVeterinary ServicesWarm Air Heating and Air-Conditioning Equipment and Supplies MerchantWater Supply and Irrigation SystemsWelding and Soldering Equipment ManufacturingWholesale Trade Agents and BrokersWood Container and Pallet ManufacturingWood Kitchen Cabinet and Countertop ManufacturingWood Window and Door Manufacturing

Additional Details

Prime Rate
6.75%
Rate Over Prime
3.74%
Effective Rate
10.49%
Fiscal Year
2025
States Served
SD

Ready to apply with Wells Fargo Bank, National Association?

Let Cassian help you prepare your application and connect you with the right loan officer.