Grasshopper Bank National Association
SBA 7(a) Lending Profile · FY 2026 analysis
Industry Focus
Top industries served by Grasshopper Bank National Association
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 192 | $140.5M | $732K | 6.6% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 96 | $89.2M | $929K | 3.3% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 88 | $43.5M | $495K | 3.0% |
| 722513 | Limited-Service Restaurants | 80 | $44.5M | $556K | 2.7% |
| 812210 | Funeral Homes and Funeral Services | 80 | $120.2M | $1.5M | 2.7% |
| 721110 | Hotels (except Casino Hotels) and Motels | 72 | $116.2M | $1.6M | 2.5% |
| 236118 | Residential Remodelers | 64 | $24.8M | $388K | 2.2% |
| 812112 | Beauty Salons | 64 | $29.9M | $467K | 2.2% |
| 812199 | Other Personal Care Services | 56 | $26.5M | $473K | 1.9% |
| 238210 | Electrical Contractors | 56 | $24.3M | $434K | 1.9% |
Geographic Distribution
SBA lending activity for Grasshopper Bank National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 352 | $328.3M | 12.1% |
| Florida (FL) | 368 | $277.2M | 12.6% |
| Texas (TX) | 360 | $248.2M | 12.4% |
| New York (NY) | 200 | $129.5M | 6.9% |
| New Jersey (NJ) | 168 | $112.7M | 5.8% |
| Michigan (MI) | 112 | $99.4M | 3.8% |
| Georgia (GA) | 112 | $76.4M | 3.8% |
| Colorado (CO) | 112 | $66.6M | 3.8% |
| Illinois (IL) | 56 | $65.8M | 1.9% |
| Arizona (AZ) | 88 | $62.9M | 3.0% |
| North Carolina (NC) | 96 | $61.7M | 3.3% |
| Tennessee (TN) | 88 | $54.5M | 3.0% |
| Maryland (MD) | 56 | $51.9M | 1.9% |
| Indiana (IN) | 48 | $47.4M | 1.6% |
| Kansas (KS) | 32 | $45.8M | 1.1% |
| Delaware (DE) | 16 | $41.6M | 0.5% |
| Massachusetts (MA) | 48 | $39.8M | 1.6% |
| Alabama (AL) | 40 | $36.3M | 1.4% |
| Pennsylvania (PA) | 72 | $36.0M | 2.5% |
| Connecticut (CT) | 16 | $36.0M | 0.5% |
| New Hampshire (NH) | 16 | $32.6M | 0.5% |
| Wisconsin (WI) | 24 | $29.3M | 0.8% |
| Rhode Island (RI) | 16 | $27.3M | 0.5% |
| Virginia (VA) | 64 | $27.1M | 2.2% |
| Ohio (OH) | 56 | $25.0M | 1.9% |
| Missouri (MO) | 32 | $24.1M | 1.1% |
| Nevada (NV) | 24 | $20.7M | 0.8% |
| Kentucky (KY) | 32 | $19.2M | 1.1% |
| Oregon (OR) | 16 | $14.5M | 0.5% |
| South Carolina (SC) | 16 | $13.5M | 0.5% |
| Wyoming (WY) | 16 | $12.0M | 0.5% |
| Washington (WA) | 24 | $11.9M | 0.8% |
| Utah (UT) | 16 | $11.8M | 0.5% |
| Oklahoma (OK) | 8 | $11.4M | 0.3% |
| Louisiana (LA) | 24 | $9.7M | 0.8% |
| Idaho (ID) | 16 | $7.8M | 0.5% |
| Iowa (IA) | 16 | $6.8M | 0.5% |
| Montana (MT) | 16 | $6.0M | 0.5% |
| North Dakota (ND) | 8 | $2.8M | 0.3% |
| West Virginia (WV) | 8 | $2.8M | 0.3% |
| New Mexico (NM) | 8 | $2.6M | 0.3% |
| Hawaii (HI) | 8 | $2.1M | 0.3% |
| Minnesota (MN) | 8 | $2.0M | 0.3% |
Why Choose Grasshopper Bank National Association?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 2,912 SBA loans approved, totaling $2.24B 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 10.35% with flexible term lengths averaging 151 months
- ✓Loan Range: Loan sizes from $160K to $4.9M, with an average of $770K
- ✓Nationwide Reach: Active lending in 43 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), limited-service restaurants. 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 10.35% and average term length of 151 months (approximately 13 years). Loan sizes range from $160K to $4.9M, with an average loan size of $770K.
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 2,912 SBA loans totaling $2.24B since 2020. 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.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
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