BusinessJune 29, 1998
BUSINESS MEMO: TOP SBA LENDER
NationsBank is No. 1 among U.S. banks making SBA-guaranteed loans to small business in 1997, according to the U.S. Small Business Administration. NationsBank made 1,178 SBA-guaranteed loans for about $114 million in 1997, an average of $95,000 a loan. The bank also was ranked as the No. 1 lender to small businesses by American Banker, with $7 billion in small business loans in 1997...
NationsBank is No. 1 among U.S. banks making SBA-guaranteed loans to small business in 1997, according to the U.S. Small Business Administration.
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NationsBank made 1,178 SBA-guaranteed loans for about $114 million in 1997, an average of $95,000 a loan. The bank also was ranked as the No. 1 lender to small businesses by American Banker, with $7 billion in small business loans in 1997.
Rankings do not include loans made by the former Barnett Banks Inc., the largest SBA-guaranteed lender in Florida in 1997. Barnett was acquired by NationsBank in January.
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