Lenders › Wallis Bank
7(a) lenderWallis, TexasFDIC-insured bank68th of 2,184 by approvals
Wallis Bank
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Wallis Bank, based in Wallis, Texas, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 564 of its 7(a) loans worth $861M in FY2021 to FY2025, which places it 68th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 107 approvals totalling $111M, about level with FY2024 (108). FY2026 to 30 Jun 2026 adds 50 more.
The median approval was $997K, against $190K for the 7(a) program as a whole; 9.0% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 20 states and territories and 128 counties, led by Texas (70.4%), California (12.6%) and Georgia (6.6%). The largest industry group was retail trade at 36.2% of approvals, and 36.7% of approvals were to franchise businesses.
Of 821 disbursed loans approved in FY2010 to FY2021, SBA records 34 as charged off (4.1%), 563 as paid in full and 224 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 50 | $57.7M | $410K | $1.2M | 1,073 |
| FY2025 | 107 | $111M | $560K | $1.0M | 1,177 |
| FY2024 | 108 | $141M | $500K | $1.3M | 1,308 |
| FY2023 | 101 | $162M | $1.2M | $1.6M | 1,121 |
| FY2022 | 76 | $134M | $1.3M | $1.8M | 1,105 |
| FY2021 | 172 | $312M | $1.5M | $1.8M | 2,090 |
| FY2020 | 104 | $165M | $1.4M | $1.6M | 1,160 |
| FY2019 | 66 | $75.8M | $539K | $1.1M | 711 |
| FY2018 | 92 | $92.3M | $409K | $1.0M | 1,254 |
| FY2017 | 85 | $77.1M | $546K | $907K | 1,071 |
| FY2016 | 81 | $79.8M | $572K | $985K | 580 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 428 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Texas | 7(a) program |
|---|---|---|---|
| Approvals in these years | 923 | 48,931 | 639,905 |
| Cancelled or never disbursed | 102 | 5,758 | 79,313 |
| Disbursed loans | 821 | 43,173 | 560,592 |
| Paid in full | 563 | 31,848 | 435,813 |
| Charged off | 34 | 3,650 | 36,891 |
| Still outstanding (status exempt from disclosure) | 224 | 7,675 | 87,888 |
| Charged off, share of disbursed loans | 4.1% | 8.5% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.8% | 2.9% | 2.5% |
| Dollars charged off | $8.1M | $682M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 152 | 67 | 3 | 2.0% | 2.8% |
| FY2020 | 99 | 59 | 1 | 1.0% | 4.0% |
| FY2019 | 55 | 35 | 1 | 1.8% | 6.7% |
| FY2018 | 83 | 48 | 8 | 9.6% | 7.9% |
| FY2017 | 73 | 49 | 5 | 6.8% | 7.7% |
| FY2016 | 75 | 60 | 2 | 2.7% | 7.2% |
| FY2015 | 85 | 70 | 2 | 2.4% | 6.9% |
| FY2014 | 60 | 52 | 4 | 6.7% | 6.4% |
| FY2013 | 65 | 58 | 4 | 6.2% | 6.0% |
| FY2012 | 59 | 53 | 3 | 5.1% | 6.3% |
| FY2011 | 10 | 8 | 1 | — | 6.9% |
| FY2010 | 5 | 4 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $997K | $190K |
| Average approval | $1.5M | $518K |
| Approvals of $150,000 or less | 9.0% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 54.8% | 34.3% |
| Approvals to franchise businesses | 36.7% | 11.5% |
| Jobs supported per approval, as reported | 12.1 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 4.1% | 6.6% |
States served
| # | State of the business (20 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Texas | 397 | $641M | 70.4% | |
| 2 | California | 71 | $69.6M | 12.6% | |
| 3 | Georgia | 37 | $52.7M | 6.6% | |
| 4 | North Dakota | 11 | $8.8M | 2.0% | |
| 5 | Montana | 9 | $8.5M | 1.6% | |
| 6 | Arizona | 7 | $10.2M | 1.2% | |
| 7 | Louisiana | 5 | $12.4M | 0.9% | |
| 8 | South Carolina | 5 | $9.3M | 0.9% | |
| 9 | Alabama | 4 | $5.9M | 0.7% | |
| 10 | New Mexico | 3 | $11.3M | 0.5% | |
| 11 | Arkansas | 3 | $3.3M | 0.5% | |
| 12 | Florida | 2 | — | 0.4% |
In Texas the lender accounts for 1.7% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (128 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Harris County, TX | 157 | $265M | 27.8% | |
| 2 | Los Angeles County, CA | 46 | $44.6M | 8.2% | |
| 3 | Bexar County, TX | 45 | $80.1M | 8.0% | |
| 4 | Fort Bend County, TX | 28 | $22.4M | 5.0% | |
| 5 | Dallas County, TX | 16 | $21.6M | 2.8% | |
| 6 | Montgomery County, TX | 14 | $28.7M | 2.5% | |
| 7 | Galveston County, TX | 12 | $25.4M | 2.1% | |
| 8 | Victoria County, TX | 11 | $17.1M | 2.0% | |
| 9 | Orange County, CA | 10 | $2.7M | 1.8% | |
| 10 | Collin County, TX | 9 | $9.6M | 1.6% | |
| 11 | Brazoria County, TX | 9 | $9.2M | 1.6% | |
| 12 | Travis County, TX | 7 | $14.2M | 1.2% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 204 | 36.2% | |
| 2 | Accommodation and Food Services | 166 | 29.4% | |
| 3 | Health Care and Social Assistance | 45 | 8.0% | |
| 4 | Wholesale Trade | 28 | 5.0% | |
| 5 | Other Services (except Public Administration) | 27 | 4.8% | |
| 6 | Professional, Scientific, and Technical Services | 27 | 4.8% | |
| 7 | Manufacturing | 18 | 3.2% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 9 | 1.6% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 106 | 18.8% | |
| 2 | Gasoline StationsNAICS 4571 | 98 | 17.4% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 56 | 9.9% | |
| 4 | Gasoline StationsNAICS 4471 | 50 | 8.9% | |
| 5 | Beer, Wine, and Liquor StoresNAICS 4453 | 19 | 3.4% | |
| 6 | Automotive Repair and MaintenanceNAICS 8111 | 12 | 2.1% | |
| 7 | Grocery StoresNAICS 4451 | 10 | 1.8% | |
| 8 | Child Day Care ServicesNAICS 6244 | 9 | 1.6% | |
| 9 | Miscellaneous Durable Goods Merchant WholesalersNAICS 4239 | 8 | 1.4% | |
| 10 | Personal Care ServicesNAICS 8121 | 8 | 1.4% |
Approval sizes
- $50,000 or less1.6%9
- $50,001 to $150,0007.4%42
- $150,001 to $350,00017.2%97
- $350,001 to $1 million24.8%140
- $1 million to $2 million18.1%102
- Over $2 million30.9%174
Loan terms
- 5 years or less1.2%7
- Over 5 to 10 years31.6%178
- Over 10 to 20 years12.8%72
- Over 20 years54.4%307
Age of the businesses
- Existing, more than 2 years old39.4%222
- New business, 2 years or less17.4%98
- Startup, loan funds will open the business37.4%211
- Change of ownership5.9%33
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 551 | 97.7% | |
| 2 | SBA Express Program | 7 | 1.2% | |
| 3 | International Trade Loans | 5 | 0.9% | |
| 4 | 7a with EWCP | 1 | 0.2% |
Franchise share
207 of 564 approvals in FY2021–FY2025 (36.7%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | New Distributing Co. Inc | 8 | 1.4% | |
| 2 | La Quinta by Wyndham | 7 | 1.2% | |
| 3 | King Fuels, Inc. | 7 | 1.2% | |
| 4 | Fuel Maxx | 6 | 1.1% | |
| 5 | Holiday Inn Express | 6 | 1.1% | |
| 6 | Red Roof Inn | 6 | 1.1% | |
| 7 | Cole Distributing Company, LLC | 6 | 1.1% | |
| 8 | Days Inn | 5 | 0.9% |
Questions and answers
How many SBA loans does Wallis Bank make?
SBA approved 107 7(a) loans through Wallis Bank in FY2025, worth $111M, and 564 over FY2021 to FY2025. That ranks 68th of 2,184 active 7(a) lenders by number of approvals.
How large are Wallis Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $997K and the average $1.5M. The program-wide median was $190K.
What is Wallis Bank's charge-off rate?
Of 821 disbursed loans approved in FY2010 to FY2021, SBA records 34 as charged off (4.1%), 563 as paid in full and 224 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Wallis Bank lend to most?
By number of approvals in FY2021 to FY2025: traveler accommodation (106); gasoline stations (98); restaurants and other eating places (56); gasoline stations (50).
Where does Wallis Bank make SBA loans?
In 20 states and territories. Texas 397, California 71, Georgia 37, North Dakota 11, Montana 9. In Texas it accounts for 1.7% of all 7(a) approvals.
Is Wallis Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 316, against 352 in the three before: falling (-10%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error