Bank · Charlotte, NC
Bank of America
Made 58 SBA 7(a) change-of-ownership loans totaling $89.1M in FY2024 to FY2026: #67 of 1,054 lenders by loans and #48 by dollars. Lends in 23 states. Part of Bank Of America Corp.
#67by loans, FY24–26
58loans
$89.1Mapproved
$948Kmedian loan
Full legal name: Bank of America, National Association.
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 4 | $10.2M | $2.7M | 0.1% |
| FY2025 | 24 | $25.8M | $714K | 0.3% |
| FY2026 | 30 | $53.0M | $1.4M | 0.4% |
Loan size
Deal size mix
48% of its loans were $1M or more.
- Under $350K10 loans · 17% · $2.2M
- $350K to $1M20 loans · 34% · $13.8M
- $1M to $2M12 loans · 21% · $19.2M
- $2M to $5M16 loans · 28% · $53.8M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Administrative & Support, Waste Mgmt | 12 | $19.1M |
| Professional, Scientific & Technical Services | 7 | $9.8M |
| Health Care & Social Assistance | 7 | $10.7M |
| Retail Trade | 7 | $9.4M |
| Wholesale Trade | 5 | $14.5M |
| Construction | 4 | $8.6M |
| Arts, Entertainment & Recreation | 3 | $1.7M |
| Accommodation & Food Services | 3 | $1.8M |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| California | 9 | $11.4M |
| New Jersey | 6 | $7.7M |
| Florida | 5 | $9.2M |
| Texas | 5 | $7.9M |
| Washington | 4 | $2.9M |
| North Carolina | 4 | $3.4M |
| Ohio | 3 | $3.9M |
| Virginia | 2 | $1.3M |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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