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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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SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
expanding
As Of March 31, 2026
Median
$818K
Average
$1.4M
Sweet Spot
$0-$500K
Industries with highest loan volume
Fitness and Recreational Sports Centers
9
loans
$554K
avg. amount
Fitness and Recreational Sports Centers
Loans
9
Avg. Amount
$554K
Private Mail Centers
6
loans
$702K
avg. amount
Private Mail Centers
Loans
6
Avg. Amount
$702K
Full-Service Restaurants
4
loans
$180K
avg. amount
Full-Service Restaurants
Loans
4
Avg. Amount
$180K
Residential Remodelers
3
loans
$1.8M
avg. amount
Residential Remodelers
Loans
3
Avg. Amount
$1.8M
Custom Computer Programming Services
2
loans
$900K
avg. amount
Custom Computer Programming Services
Loans
2
Avg. Amount
$900K
Child Care Services
2
loans
$5.0M
avg. amount
Child Care Services
Loans
2
Avg. Amount
$5.0M
Beer, Wine, and Liquor Retailers
2
loans
$900K
avg. amount
Beer, Wine, and Liquor Retailers
Loans
2
Avg. Amount
$900K
Insurance Agencies and Brokerages
2
loans
$741K
avg. amount
Insurance Agencies and Brokerages
Loans
2
Avg. Amount
$741K
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
2
loans
$2.0M
avg. amount
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
Loans
2
Avg. Amount
$2.0M
Other Scientific and Technical Consulting Services
2
loans
$3.5M
avg. amount
Other Scientific and Technical Consulting Services
Loans
2
Avg. Amount
$3.5M
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
Rate distribution data not available
Market comparison data not available
Spread over Prime at time of loan origination
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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