Bank of America, National Association
63 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 63
- Total approved
- $93.3M
- Median loan
- $927K
- Middle half of loans
- $455K to $2.3M
- Median starting rate
- 6.61%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 41 industries and 23 states and territories. The largest industry by count was Private Mail Centers (11 of 63 approvals). California had the highest count among recorded project locations (9).
The median approved loan was $927K versus $707K across the index for FY2024–FY2026. Differences can reflect which industries, markets and deal sizes the lender serves.
Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Private Mail Centers | 11 | 17% | $497K | $8.0M |
| 2 | Child Care Services | 4 | 6% | $1.4M | $5.6M |
| 3 | Insurance Agencies and Brokerages | 3 | 5% | $818K | $3.2M |
| 4 | Fitness and Recreational Sports Centers | 3 | 5% | $626K | $1.7M |
| 5 | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers | 2 | 3% | $2.0M | $4.1M |
| 6 | Residential Remodelers | 2 | 3% | $1.4M | $2.8M |
| 7 | Clothing and Clothing Accessories Retailers | 2 | 3% | $1.4M | $2.7M |
| 8 | Custom Computer Programming Services | 2 | 3% | $835K | $1.7M |
| 9 | Full-Service Restaurants | 2 | 3% | $257K | $514K |
| 10 | Temporary Help Services | 1 | 2% | $5.0M | $5.0M |
| 11 | Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers | 1 | 2% | $4.6M | $4.6M |
| 12 | All Other Industrial Machinery Manufacturing | 1 | 2% | $4.0M | $4.0M |
| 13 | Home Furnishing Merchant Wholesalers | 1 | 2% | $4.0M | $4.0M |
| 14 | Other Building Finishing Contractors | 1 | 2% | $3.9M | $3.9M |
| 15 | Exam Preparation and Tutoring | 1 | 2% | $3.8M | $3.8M |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | California | 9 | 14% | $1.2M | $11.4M |
| 2 | New Jersey | 7 | 11% | $901K | $8.1M |
| 3 | Florida | 6 | 10% | $1.2M | $9.9M |
| 4 | Texas | 6 | 10% | $744K | $8.3M |
| 5 | Washington | 5 | 8% | $770K | $5.4M |
| 6 | North Carolina | 4 | 6% | $573K | $3.4M |
| 7 | Ohio | 3 | 5% | $1.5M | $3.9M |
| 8 | Massachusetts | 2 | 3% | $3.5M | $7.0M |
| 9 | South Carolina | 2 | 3% | $3.4M | $6.8M |
| 10 | Indiana | 2 | 3% | $2.7M | $5.4M |
| 11 | Pennsylvania | 2 | 3% | $2.6M | $5.2M |
| 12 | Oregon | 2 | 3% | $2.1M | $4.3M |
| 13 | New York | 2 | 3% | $1.2M | $2.4M |
| 14 | Virginia | 2 | 3% | $626K | $1.3M |
| 15 | Delaware | 1 | 2% | $3.1M | $3.1M |