SBA rivalry -
Investments & Finance,.
SBA rivalry - Investments & Finance - Small Business Administration ranking of banks - Brief Article. US Bank wants to steal the crown held by Bank of America as the leading provider of SBA loans in Los Angeles.
Sure, US Bank loaned $95 million to small businesses for the fiscal year ended Sept. 30--nearly double the $55 million made by Bank of America in the same period.The problem is, the Small Business Administration ranks SBA lenders by number of loans, not dollar volume. With 1,468 loans, Bank of America beats US Bank's 168 borrowers by a landslide.