Grasshopper Bank National Association
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by Grasshopper Bank National Association · FY 2025
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 15 | $6.3M | $420K | 7.5% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 8 | $3.2M | $400K | 4.0% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 8 | $3.4M | $419K | 4.0% |
| 236118 | Residential Remodelers | 6 | $2.2M | $359K | 3.0% |
| 531390 | Other Activities Related to Real Estate | 6 | $2.5M | $408K | 3.0% |
| 621210 | Offices of Dentists | 5 | $2.0M | $391K | 2.5% |
| 541618 | Other Management Consulting Services | 4 | $1.5M | $378K | 2.0% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 4 | $1.7M | $425K | 2.0% |
| 484121 | General Freight Trucking, Long-Distance, Truckload | 4 | $1.9M | $463K | 2.0% |
| 236115 | New Single-Family Housing Construction (except For-Sale Builders) | 4 | $1.7M | $431K | 2.0% |
Geographic Distribution
SBA lending activity for Grasshopper Bank National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 24 | $12.6M | 11.9% |
| Texas (TX) | 25 | $12.2M | 12.4% |
| Florida (FL) | 25 | $10.4M | 12.4% |
| New Jersey (NJ) | 13 | $7.2M | 6.5% |
| New York (NY) | 17 | $6.5M | 8.5% |
| Connecticut (CT) | 2 | $4.5M | 1.0% |
| New Hampshire (NH) | 2 | $4.1M | 1.0% |
| Georgia (GA) | 10 | $3.8M | 5.0% |
| Tennessee (TN) | 7 | $3.7M | 3.5% |
| Maryland (MD) | 5 | $3.3M | 2.5% |
| Illinois (IL) | 5 | $3.0M | 2.5% |
| Colorado (CO) | 6 | $2.9M | 3.0% |
| Pennsylvania (PA) | 7 | $2.9M | 3.5% |
| Virginia (VA) | 7 | $2.6M | 3.5% |
| Indiana (IN) | 4 | $2.6M | 2.0% |
| Ohio (OH) | 4 | $2.0M | 2.0% |
| Alabama (AL) | 4 | $1.9M | 2.0% |
| Arizona (AZ) | 4 | $1.6M | 2.0% |
| Utah (UT) | 2 | $1.5M | 1.0% |
| Delaware (DE) | 1 | $1.3M | 0.5% |
| North Carolina (NC) | 3 | $1.3M | 1.5% |
| Massachusetts (MA) | 3 | $1.1M | 1.5% |
| Kansas (KS) | 2 | $950K | 1.0% |
| Iowa (IA) | 2 | $850K | 1.0% |
| Kentucky (KY) | 2 | $850K | 1.0% |
| Montana (MT) | 2 | $750K | 1.0% |
| Oregon (OR) | 1 | $500K | 0.5% |
| Rhode Island (RI) | 1 | $500K | 0.5% |
| Washington (WA) | 1 | $500K | 0.5% |
| Wisconsin (WI) | 1 | $500K | 0.5% |
| Nevada (NV) | 1 | $400K | 0.5% |
| North Dakota (ND) | 1 | $350K | 0.5% |
| Missouri (MO) | 1 | $350K | 0.5% |
| Louisiana (LA) | 1 | $350K | 0.5% |
| West Virginia (WV) | 1 | $350K | 0.5% |
| South Carolina (SC) | 1 | $337K | 0.5% |
| New Mexico (NM) | 1 | $331K | 0.5% |
| Hawaii (HI) | 1 | $260K | 0.5% |
| Minnesota (MN) | 1 | $250K | 0.5% |
Why Choose Grasshopper Bank National Association?
Based on SBA 7(a) lending track record in FY 2025
- ✓Proven Track Record: 201 SBA loans approved, totaling $101.2M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Plumbing, Heating, and Air-Conditioning Contractors, Offices of Physicians (except Mental Health Specialists)
- ✓Competitive Terms: Average interest rate of 11.05% with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $160K to $4.0M, with an average of $503K
- ✓Nationwide Reach: Active lending in 39 states, with strong presence in FL, TX, CA
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Grasshopper Bank National Association SBA lending
What types of businesses does Grasshopper Bank National Association typically finance?
Grasshopper Bank National Association specializes in SBA 7(a) lending to specific industries including full-service restaurants, plumbing, heating, and air-conditioning contractors, offices of physicians (except mental health specialists), residential remodelers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Grasshopper Bank National Association's typical SBA loan terms?
Grasshopper Bank National Association's SBA 7(a) loans typically feature an average interest rate of 11.05% and average term length of 120 months (approximately 10 years). Loan sizes range from $160K to $4.0M, with an average loan size of $503K.
Do I need a business valuation for a Grasshopper Bank National Association SBA loan?
Yes, Grasshopper Bank National Association typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Grasshopper Bank National Association compare to other SBA lenders?
Grasshopper Bank National Association has originated 201 SBA loans totaling $101.2M in FY 2025. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Grasshopper Bank National Association lend in?
Grasshopper Bank National Association provides SBA 7(a) financing with particularly strong presence in FL, TX, CA, NY, NJ. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
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