Bank of America SBA Express Loans
Bank of America made 537 SBA Express loans in FY2025 and FY2026 through June 30, 2026, worth $157.2 million. That ranks it number 12 of 812 lenders by loan count, according to SBA's own loan-level data.
What SBA's data shows about Bank of America
- 44.7% of Bank of America's SBA Express loans were lines of credit, well below the 75.6% share across all lenders in the same period, so more of its lending is term loans.
- Its median loan was $300,000, larger than the $50,000 median across all lenders. 95% of its loans were $100,000 or more, against 36.1% across all lenders.
- By borrower: 88.1% went to businesses more than two years old, and 3.7% went to brand-new businesses.
- It lent in 32 states; the largest share, 26.4%, went to Florida.
- Its SBA Express volume fell 35% from FY2024 (609 loans) to FY2025 (393).
Loan sizes
| Amount | Count | Share |
|---|---|---|
| $25,000 or less | 2 | 0.4% |
| $25,001 to $50,000 | 6 | 1.1% |
| $50,001 to $100,000 | 43 | 8% |
| $100,001 to $150,000 | 48 | 8.9% |
| $150,001 to $250,000 | 142 | 26.4% |
| $250,001 to $350,000 | 129 | 24% |
| $350,001 to $500,000 | 167 | 31.1% |
Source: SBA 7(a) FOIA loan-level data, as of June 30, 2026. Loans SBA approved and later cancelled are excluded. Fiscal years run October through September. Window: FY2025 and FY2026 through June 30, 2026.
Where Bank of America makes SBA Express loans
| State | Loans | Share |
|---|---|---|
| Florida | 142 | 26.4% |
| California | 140 | 26.1% |
| Texas | 33 | 6.1% |
| Washington | 23 | 4.3% |
| North Carolina | 23 | 4.3% |
Source: SBA 7(a) FOIA loan-level data, as of June 30, 2026. Loans SBA approved and later cancelled are excluded. Fiscal years run October through September. State is where the borrower's business is.
Industries
| Industry | Loans |
|---|---|
| Full-Service Restaurants | 25 |
| Offices of Dentists | 21 |
| Custom Computer Programming Services | 14 |
| Offices of Lawyers | 14 |
| Engineering Services | 12 |
Source: SBA 7(a) FOIA loan-level data, as of June 30, 2026. Loans SBA approved and later cancelled are excluded. Fiscal years run October through September.
SBA Express loans by year
| Fiscal year | Loans made |
|---|---|
| FY2020 | 91 |
| FY2021 | 98 |
| FY2022 | 260 |
| FY2023 | 625 |
| FY2024 | 609 |
| FY2025 | 393 |
| FY2026 (through June 30, 2026) | 144 |
Source: SBA 7(a) FOIA loan-level data, as of June 30, 2026. Loans SBA approved and later cancelled are excluded. Fiscal years run October through September. Every year since FY2020, same counting rules.
If you are considering Bank of America
Bank of America sets its own rates, fees and credit standards, inside SBA's caps for SBA Express (see loan terms and requirements). The figures above show what it has approved, not what it will approve next. To compare more than one lender at once, tell us what your business needs.
Lenders with similar SBA Express volume: Zions Bank, KeyBank, Banco Popular de Puerto Rico, Eastern Bank, Live Oak Banking Company. See the full lender list or program statistics.
Lender: Bank of America (legal name on SBA's file: Bank of America, National Association), Charlotte, NC, as listed on SBA's loan records. sbaexpress.loans is not a lender and is not affiliated with the U.S. Small Business Administration or with any lender named here. Figures describe loans SBA has already approved. They are not a lender's current credit policy, an offer, or a rate quote.
Start here
Getting a small business loan should be easy. Now it is.
Tell us what your business needs. We route your inquiry to SBA lending partners. Free, no obligation.