BuyoutLendersSBA 7(a) acquisition
lending data
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
Where it lends: loans by state of the business

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 yearLoansDollarsMedianShare of all loans
FY20244$10.2M$2.7M0.1%
FY202524$25.8M$714K0.3%
FY202630$53.0M$1.4M0.4%
Loan size

Deal size mix

48% of its loans were $1M or more.

Where the money goes

Top industries

IndustryLoansDollars
Administrative & Support, Waste Mgmt12$19.1M
Professional, Scientific & Technical Services7$9.8M
Health Care & Social Assistance7$10.7M
Retail Trade7$9.4M
Wholesale Trade5$14.5M
Construction4$8.6M
Arts, Entertainment & Recreation3$1.7M
Accommodation & Food Services3$1.8M
Business location

Top states

Business stateLoansDollars
California9$11.4M
New Jersey6$7.7M
Florida5$9.2M
Texas5$7.9M
Washington4$2.9M
North Carolina4$3.4M
Ohio3$3.9M
Virginia2$1.3M
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