SBA lender profile
Bank of America, National Association
Bank of America, National Association appears in the public SBA loan data with 6,699 funded 7(a) loans since FY2010, totaling $3.0B, an average of $451K per loan, and an estimated 63,832 jobs supported. Its SBA lending concentrates in California and the Professional and Technical Services sector. Across its 7(a) loans, the charge-off rate is 1.0%. 34.6% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 90
- Scale 99
- Activity 99
- Consistency 80
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Bank of America, National Association the right lender for you?
Lenders fund what they know. Bank of America, National Association's SBA lending concentrates in California (1,568 loans) and Professional and Technical Services (1,234 loans), at an average loan of $451K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $322.9B
- Headquarters
- Charlotte, NC
- FDIC cert
- #15802
- Status
- Inactive
Where Bank of America, National Association lends
Top states by funded SBA volume.
Metro areas where Bank of America, National Association funds
What Bank of America, National Association funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Professional and Technical Services | 1,234 | $494.8M |
| Health Care and Social Assistance | 843 | $484.2M |
| Retail Trade | 637 | $304.8M |
| Wholesale Trade | 632 | $291.7M |
| Manufacturing | 453 | $282.9M |
| Construction | 726 | $262.8M |
Bank of America, National Association SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 185 | $22.8M |
| 2011 | 205 | $56.1M |
| 2012 | 252 | $44.2M |
| 2013 | 247 | $40.3M |
| 2014 | 205 | $50.3M |
| 2015 | 269 | $62.1M |
| 2016 | 173 | $99.8M |
| 2017 | 223 | $147.2M |
| 2018 | 247 | $183.6M |
| 2019 | 322 | $178.9M |
| 2020 | 226 | $100.0M |
| 2021 | 303 | $157.1M |
| 2022 | 506 | $201.1M |
| 2023 | 1,046 | $419.8M |
| 2024 | 1,190 | $609.6M |
| 2025 | 908 | $521.9M |
| 2026 | 192 | $124.8M |
Related SBA lenders
Other lenders active in California or in Professional and Technical Services.
Comparing lenders? See how to choose an SBA lender by track record.
Bank of America, National Association: frequently asked questions
Does Bank of America, National Association offer SBA loans?
Yes. Bank of America, National Association appears in the public SBA data with 6,699 funded SBA 7(a) loans totaling $3.0B.
How many SBA loans has Bank of America, National Association made?
Bank of America, National Association is associated with 6,699 SBA 7(a) loans totaling $3.0B in the public SBA data (as of 2026-03-31).
What is Bank of America, National Association's SBA charge-off rate?
About 1.0% of Bank of America, National Association's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Bank of America, National Association do most of its SBA lending?
Bank of America, National Association's SBA lending in the data is most concentrated in California, and by industry in Professional and Technical Services.
Is Bank of America, National Association an SBA Preferred Lender (PLP)?
The loan record shows Bank of America, National Association operating under PLP delegated authority: 2,321 of its 7(a) loans (34.6%) were processed through the Preferred Lenders Program, including 839 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Bank of America, National Association SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/bank-of-america-national-association/
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