Bank of America
Bank of America, National Association is one of the largest banks in the United States with over $2.6 trillion in assets and more than 5,900 branch locations across 40 states. Originally founded as the Bank of Italy in San Francisco in 1904 by Amadeo Giannini to serve working-class and immigrant communities, the bank adopted its current name in 1930 and merged with NationsBank of Charlotte in 1998.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (42 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Bank of America ranks #34 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Bank of America’s 7(a) acquisition lending falls in the $0-$500K range: 13 loans, 30.9% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 13 | 30.9% | |
| $500K-$1M | 10 | 23.8% | |
| $1M-$2M | 5 | 11.9% | |
| $2M-$3M | 6 | 14.3% | |
| $3M-$4M | 4 | 9.5% | |
| $4M-$5M | 4 | 9.5% |
Industries with highest loan volume
Private Mail Centers
6
loans
$755K
avg. amount
Insurance Agencies and Brokerages
3
loans
$1.1M
avg. amount
Fitness and Recreational Sports Centers
3
loans
$554K
avg. amount
Residential Remodelers
2
loans
$1.4M
avg. amount
Clothing and Clothing Accessories Retailers
2
loans
$1.4M
avg. amount
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
2
loans
$2.0M
avg. amount
Other Miscellaneous Durable Goods Merchant Wholesalers
1
loans
$1.8M
avg. amount
Sports and Recreation Instruction
1
loans
$175K
avg. amount
Child Care Services
1
loans
$5.0M
avg. amount
Custom Computer Programming Services
1
loans
$900K
avg. amount
10-Year
0.0%
Percentile Ranking
0th percentile
42 of the 42 loans in its trailing three-year book carried a fixed rate; the rest were variable.
Rate distribution data not available
Market comparison data not available
over at time of loan origination
Bank of America has originated 7(a) acquisition loans in 21 states, most actively in California (6), New Jersey (5) and Florida (3). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| California | 6 | 14.3% |
| New Jersey | 5 | 11.9% |
| Florida | 3 | 7.1% |
| Texas | 3 | 7.1% |
| South Carolina | 3 | 7.1% |
| North Carolina | 3 | 7.1% |
| Virginia | 2 | 4.8% |
| Utah | 2 | 4.8% |
| Washington | 2 | 4.8% |
| Colorado | 2 | 4.8% |
| New Mexico | 1 | 2.4% |
| Minnesota | 1 | 2.4% |
| Delaware | 1 | 2.4% |
| Missouri | 1 | 2.4% |
| Oklahoma | 1 | 2.4% |
| Indiana | 1 | 2.4% |
| Pennsylvania | 1 | 2.4% |
| New York | 1 | 2.4% |
| Ohio | 1 | 2.4% |
| Massachusetts | 1 | 2.4% |
| Wyoming | 1 | 2.4% |
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