Grasshopper Bank National Association: SBA loans in this registry
28companies
28loans
$59.6Mtotal approved
$2.1Maverage loan
About this lender
- Type
- Bank
- Headquarters
- New York, NY
- FDIC certificate number
- 59113
- Total assets
- $1.6 billion (as of June 30, 2026)
- Established
- 2019
- Offices
- 1
- Website
- www.grasshopper.bank
- Acquisition loans (7(a))
- 23 loans, $48.0M total, $2.1M average
- Expansion loans (504, SBA portion)
- 5 loans, $11.6M total, $2.3M average
- Approval dates
- Nov 15, 2023 to Aug 4, 2026
- Typical term (median)
- acquisition loans: 10 years; expansion loans: 25 years
- Initial interest rate (7(a))
- 8.75% to 11.5%, median 9.75%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- Fitness and Recreational Sports Centers: 2 loans
- Offices of Certified Public Accountants: 2 loans
- Bowling Centers: 2 loans
- Hotels (except Casino Hotels) and Motels: 2 loans
- Landscaping Services: 1 loan
Top states
- California: 6 loans
- New Jersey: 4 loans
- Maryland: 3 loans
- New York: 2 loans
- Florida: 2 loans
Largest deals
- Corco Construction, LLC, Conway, AR: $5,000,000 (7(a) acquisition, Jun 15, 2026)
- Harrigan Homes LLC, Granada Hills, CA: $4,946,000 (7(a) acquisition, Nov 15, 2023)
- NextCourt Holdings, LLC, Boyds, MD: $4,320,000 (7(a) acquisition, Feb 20, 2026)
- MKM Importers, LLC, Newington, CT: $4,000,000 (7(a) acquisition, Apr 7, 2025)
- Frazier Enterprises, Inc., Wichita, KS: $3,890,000 (7(a) acquisition, Jan 5, 2024)
Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.
Companies
Use search to find others.