60
Grasshopper Bank
National Rank by SBA 7(a) Loan Volume (2025)
$113.8M
Total Volume
219
Loans Funded
$520K
Avg Loan Size
11.04%
Avg Interest Rate
About Grasshopper Bank
In 2025, Grasshopper Bank funded $113.8M in SBA 7(a) loans across 219 businesses nationwide, making them the #60 SBA lender in the United States by loan volume.
💡 Key Insight: Grasshopper Bank’s average loan size is $520K at an average rate of 11.04%. Working with an SBA loan broker can help you access this lender and potentially negotiate better terms.
Top States for Grasshopper Bank SBA Loans
Grasshopper Bank is most active in Florida, with lending activity across multiple states. Here’s where they funded the most SBA 7(a) loans in 2025:
| State | Loans | Volume |
|---|---|---|
| Florida | 28 | $15.1M |
| California | 25 | $12.8M |
| Texas | 28 | $12.5M |
| New Jersey | 15 | $9.4M |
| New York | 17 | $6.5M |
| Connecticut | 2 | $4.5M |
| New Hampshire | 2 | $4.1M |
| Pennsylvania | 8 | $3.9M |
| Georgia | 10 | $3.8M |
| Tennessee | 7 | $3.7M |
Top Industries Funded by Grasshopper Bank
Here are the industries where Grasshopper Bank funded the most SBA 7(a) loans in 2025:
| Industry | Loans | Volume |
|---|---|---|
| Full-Service Restaurants | 15 | $6.3M |
| Plumbing, Heating, and Air-Conditioning Contractors | 9 | $5.0M |
| Offices of Other Holding Companies | 2 | $4.1M |
| Industrial Machinery and Equipment Merchant Wholesalers | 1 | $4.0M |
| Offices of Physicians (except Mental Health Specialists) | 9 | $3.7M |
| Marketing Consulting Services | 2 | $3.7M |
| Security Guards and Patrol Services | 2 | $3.2M |
| Site Preparation Contractors | 3 | $3.0M |
| All Other Professional, Scientific, and Technical Services | 4 | $2.6M |
| Residential Remodelers | 7 | $2.5M |
How to Get an SBA Loan Through Grasshopper Bank
Applying for an SBA 7(a) loan through Grasshopper Bank typically involves:
- Pre-qualification — Determine if your business meets SBA eligibility requirements
- Documentation — Gather financial statements, tax returns, and a business plan
- Application — Submit through Grasshopper Bank or work with an SBA loan broker for faster processing
- Underwriting — The bank reviews your application and makes a decision
- Closing — Finalize terms and receive your funding
Ready to Apply for an SBA Loan?
Our brokers can help you access Grasshopper Bank and 2,000+ other SBA lenders to find the best rates and terms for your business.
