SBA lender profile
Bank of America, National Association
Bank of America, National Association appears in the public SBA loan data with 4,371 funded 7(a) loans totaling $2.1B, an average of $488K per loan, and an estimated 48,995 jobs supported. Its SBA lending concentrates in California and the Health Care and Social Assistance sector. Across all of its loans in the data, its charge-off rate is 0.2%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
4,371
Total volume
$2.1B
Average loan size
$488K
Charge-off rate
0.2%
Share of funded loans charged off
Jobs supported (reported)
48,995
Programs
7(a)
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.
| State | Loans | Total volume |
|---|---|---|
| California | 1,031 | $481.6M |
| Florida | 900 | $396.4M |
| Texas | 395 | $226.5M |
| New York | 209 | $108.7M |
| Georgia | 163 | $81.4M |
| New Jersey | 130 | $76.2M |
What Bank of America, National Association funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 630 | $383.2M |
| Professional and Technical Services | 773 | $370.1M |
| Construction | 508 | $209.8M |
| Retail Trade | 390 | $203.1M |
| Wholesale Trade | 393 | $195.8M |
| Manufacturing | 274 | $168.0M |
Bank of America, National Association SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 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 |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Bank of America, National Association's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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