STRONG
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
STRONG
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
9,753
2010–2026
Total Volume
$5.9B
Gross loan amounts
States Active
50
With recorded loans
Programs
7(a) & 504
9741 total segments
Bank of America has a strong presence in the 504 loan market, with 33% of its SBA deals being 504 loans, significantly higher than the national average of 18%. This makes them a solid choice for businesses looking for real estate financing.
With an average 7(a) spread of P+0.91%, Bank of America offers competitive pricing compared to the national median of P+2.75%. This could lead to significant savings on interest payments for borrowers.
The lender's focus is heavily on existing businesses, which make up 84% of their deals. If you are a startup or looking to acquire a business, you may find limited options here compared to lenders that cater more to those purposes.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 3,174 504 loans, which use fixed SBA debenture rates.
Top 15 of 50 states where Bank of America, National Association has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Wholesale Trade
Wholesale Trade
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Management & IT Consulting
Professional Services
Physician & Dental Offices
Health Care & Social Assistance
Administrative & Waste Services
Administrative & Waste Services
Restaurants & Food Service
Accommodation & Food Services
Transportation & Warehousing
Transportation & Warehousing
+ 7 more
All recorded SBA lending activity for Bank of America, National Association, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| California · Wholesale Trade · $500K – $1M | 504 | 101 | — | $738K | Q4 2025 |
| California · Wholesale Trade · $1M – $2M | 504 | 77 | — | $1.4M | Q1 2025 |
| California · Wholesale Trade · Under $150K | 7(a) | 68 | P+4.50% | $87K | Q4 2025 |
| California · Manufacturing · $1M – $2M | 504 | 67 | — | $1.4M | Q3 2025 |
| California · Specialty Trade Contractors · Under $150K | 7(a) | 62 | P+3.00% | $78K | Q1 2025 |
| California · Manufacturing · $500K – $1M | 504 | 58 | — | $755K | Q3 2025 |
| Florida · Wholesale Trade · Under $150K | 7(a) | 55 | P+4.00% | $98K | Q3 2024 |
| California · Wholesale Trade · $150K – $350K | 7(a) | 52 | P+1.95% | $261K | Q3 2025 |
| Florida · Specialty Trade Contractors · Under $150K | 7(a) | 51 | P+2.75% | $89K | Q1 2025 |
| Florida · Wholesale Trade · $150K – $350K | 7(a) | 49 | P+2.75% | $262K | Q3 2025 |
| California · Physician & Dental Offices · $500K – $1M | 504 | 49 | — | $715K | Q3 2025 |
| Florida · Specialty Trade Contractors · $150K – $350K | 7(a) | 48 | P+2.63% | $263K | Q3 2025 |
| California · Restaurants & Food Service · $150K – $350K | 7(a) | 45 | P+2.75% | $243K | Q4 2025 |
| California · Management & IT Consulting · Under $150K | 7(a) | 45 | P+3.50% | $88K | Q3 2024 |
| California · Management & IT Consulting · $150K – $350K | 7(a) | 45 | P+0.78% | $244K | Q4 2025 |
| California · Restaurants & Food Service · Under $150K | 7(a) | 43 | P+2.75% | $96K | Q4 2025 |
| California · Wholesale Trade · $150K – $350K | 504 | 43 | — | $263K | Q3 2025 |
| California · Transportation & Warehousing · Under $150K | 7(a) | 42 | P+3.00% | $94K | Q3 2025 |
| California · Administrative & Waste Services · $150K – $350K | 7(a) | 40 | P+2.63% | $260K | Q4 2025 |
| Texas · Management & IT Consulting · Under $150K | 7(a) | 39 | P+4.50% | $86K | Q1 2025 |
| California · Manufacturing · Under $150K | 7(a) | 38 | P+2.63% | $89K | Q3 2025 |
| California · Manufacturing · $2M – $5M | 504 | 38 | — | $3.1M | Q4 2025 |
| California · Manufacturing · $150K – $350K | 7(a) | 38 | P+1.69% | $236K | Q3 2025 |
| California · Wholesale Trade · $2M – $5M | 504 | 35 | — | $3.1M | Q3 2025 |
| California · Specialty Trade Contractors · $150K – $350K | 7(a) | 34 | P+2.13% | $258K | Q2 2025 |
Get a free personalized report comparing this lender against the best matches for your specific situation.
Free. No broker fees. Results in 10-15 minutes.
Real experiences from borrowers who closed SBA loans with Bank of America, National Association.
No reviews yet. Be the first to review Bank of America, National Association.
Listen to acquisition entrepreneurs share their experience
Acquiring Minds
Rory Tyer · South Pleasantburg Nursery
$1.1M · SC · 2024
Acquiring Minds
Neil Saxon · Mental health practice
$640K · CA · 2012
Matched to real SBA lending records. LenderHawk is not affiliated with or endorsed by these podcasts.