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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 June 30, 2025
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of June 30, 2025
Median
$259K
Average
$1.6M
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All rates shown as spread over Prime Rate
This Lender
Market Average
As Of June 30, 2025 - 10-year default rate indicates underwriting quality
10-Year Default Rate
0.0%
Bottom 10% of Lenders (Highest Default Rate)
Performance Ranking
100th
Lower is better among all lenders
As Of June 30, 2025 - States by loan volume (darker blue = higher volume)
