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Grasshopper Bank National Association: SBA Lending Profile

Grasshopper Bank National Association is an FDIC-insured bank, headquartered in New York, NY. It is a national lender, with SBA loans on record in 46 states and territories. Everything below comes from federal SBA loan records, not from the lender's marketing. This is what it has actually funded.

319SBA loans approved FY2025 to FY2026
$250K to $1.8Mtypical approval range (10th to 90th percentile)
10.5%median initial interest rate
10 yearsmedian loan term

Loan sizes Grasshopper Bank National Association actually approves

The median SBA approval at Grasshopper Bank National Association is $500,000. The middle 80% of its loans fall between $250,000 and $1,802,000. The smallest approval on record since 2020 is $150,000 and the largest is $5,000,000. If the amount you need sits far outside that range, this is probably not the right first call, no matter what the website says.

Programs

ProgramLoans FY25-26Median sizeMedian rateMedian term
SBA 7(a)317$500K10.5%10 years
504 first mortgage (third party)2$2.8Mn/a25 years

Industries it funds most

IndustryLoans since 2020Share
Full-Service Restaurants266.2%
Residential Remodelers133.1%
Plumbing, Heating, and Air-Conditioning Contractors122.9%
Offices of Physicians (except Mental Health Specialists)112.6%
Funeral Homes and Funeral Services102.4%
Electrical Contractors and Other Wiring Installation Contractors102.4%
Limited-Service Restaurants102.4%
Beauty Salons92.1%
Insurance Agencies and Brokerages92.1%
Hotels (except Casino Hotels) and Motels81.9%
Other Personal Care Services71.7%
Fitness and Recreational Sports Centers71.7%

Borrower profile

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Sources and limits. Figures are derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records (data as of 2026-06-30, retrieved 2026-08-08) and FDIC public institution data. They describe past lending activity only. They are not rate quotes, not current offers, and not an indication that any business will qualify. Lender programs and criteria change. Big Brain Funding is not affiliated with or endorsed by Grasshopper Bank National Association.