Lenders › Grasshopper Bank National Association
7(a) lenderNew York, New YorkFDIC-insured bank111th of 2,184 by approvals
Grasshopper Bank National Association
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Grasshopper Bank National Association (New York, New York) is an FDIC-insured bank in the SBA 7(a) program, 111th of 2,184 by approvals in FY2021 to FY2025: 344 loans worth $266M.
In FY2025, the latest complete fiscal year, it had 201 approvals totalling $101M, up 429% on FY2024 (38). FY2026 to 30 Jun 2026 adds 116 more.
The median approval was $500K, against $190K for the 7(a) program as a whole; 0.0% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 43 states and territories and 190 counties, led by Florida (12.5%), California (12.2%) and Texas (11.9%). The largest industry group was accommodation and food services at 14.5% of approvals, and 8.7% of approvals were to franchise businesses.
Grasshopper Bank National Association has fewer than 30 disbursed loans from the FY2010 to FY2021 approval years on record, too few for a charge-off rate to be shown.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 116 | $79.9M | $350K | $689K | 1,218 |
| FY2025 | 201 | $101M | $400K | $503K | 3,178 |
| FY2024 | 38 | $55.2M | $1.1M | $1.5M | 771 |
| FY2023 | 69 | $69.4M | $707K | $1.0M | 815 |
| FY2022 | 36 | $40.1M | $990K | $1.1M | 470 |
| FY2021 | 0 | — | — | — | 0 |
| FY2020 | 0 | — | — | — | 0 |
| FY2019 | 0 | — | — | — | 0 |
| FY2018 | 0 | — | — | — | 0 |
| FY2017 | 0 | — | — | — | 0 |
| FY2016 | 0 | — | — | — | 0 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 0 approvals. First approval on file: FY2022.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Florida | 7(a) program |
|---|---|---|---|
| Approvals in these years | 0 | 31,863 | 639,905 |
| Cancelled or never disbursed | 0 | 3,596 | 79,313 |
| Disbursed loans | 0 | 28,267 | 560,592 |
| Paid in full | 0 | 20,064 | 435,813 |
| Charged off | 0 | 2,783 | 36,891 |
| Still outstanding (status exempt from disclosure) | 0 | 5,420 | 87,888 |
| Charged off, share of disbursed loans | too few loans | 9.8% | 6.6% |
| Dollars charged off, share of disbursed dollars | too few loans | 3.1% | 2.5% |
| Dollars charged off | — | $442M | $5.70bn |
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $500K | $190K |
| Average approval | $773K | $518K |
| Approvals of $150,000 or less | 0.0% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 18.6% | 34.3% |
| Approvals to franchise businesses | 8.7% | 11.5% |
| Jobs supported per approval, as reported | 15.2 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | too few loans | 6.6% |
States served
| # | State of the business (43 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Florida | 43 | $30.0M | 12.5% | |
| 2 | California | 42 | $40.4M | 12.2% | |
| 3 | Texas | 41 | $29.6M | 11.9% | |
| 4 | New York | 25 | $16.2M | 7.3% | |
| 5 | New Jersey | 19 | $11.9M | 5.5% | |
| 6 | Michigan | 14 | $12.4M | 4.1% | |
| 7 | Georgia | 14 | $9.5M | 4.1% | |
| 8 | Colorado | 13 | $7.9M | 3.8% | |
| 9 | Tennessee | 11 | $6.8M | 3.2% | |
| 10 | North Carolina | 11 | $6.7M | 3.2% | |
| 11 | Arizona | 8 | $6.8M | 2.3% | |
| 12 | Pennsylvania | 8 | $3.5M | 2.3% |
In Florida the lender accounts for 0.2% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (190 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Los Angeles County, CA | 18 | $21.2M | 5.2% | |
| 2 | Miami-Dade County, FL | 12 | $9.6M | 3.5% | |
| 3 | New York County, NY | 8 | $4.4M | 2.3% | |
| 4 | Palm Beach County, FL | 7 | $3.3M | 2.0% | |
| 5 | Wayne County, MI | 5 | $5.2M | 1.5% | |
| 6 | Collin County, TX | 5 | $3.6M | 1.5% | |
| 7 | New Hanover County, NC | 5 | $3.5M | 1.5% | |
| 8 | Pinellas County, FL | 5 | $3.4M | 1.5% | |
| 9 | Maricopa County, AZ | 5 | $3.3M | 1.5% | |
| 10 | Arapahoe County, CO | 5 | $2.4M | 1.5% | |
| 11 | Fulton County, GA | 4 | $4.8M | 1.2% | |
| 12 | Suffolk County, NY | 4 | $4.5M | 1.2% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 50 | 14.5% | |
| 2 | Other Services (except Public Administration) | 47 | 13.7% | |
| 3 | Construction | 45 | 13.1% | |
| 4 | Retail Trade | 35 | 10.2% | |
| 5 | Health Care and Social Assistance | 31 | 9.0% | |
| 6 | Professional, Scientific, and Technical Services | 30 | 8.7% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 25 | 7.3% | |
| 8 | Transportation and Warehousing | 16 | 4.7% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 37 | 10.8% | |
| 2 | Building Equipment ContractorsNAICS 2382 | 17 | 4.9% | |
| 3 | Personal Care ServicesNAICS 8121 | 16 | 4.7% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 13 | 3.8% | |
| 5 | Death Care ServicesNAICS 8122 | 11 | 3.2% | |
| 6 | Services to Buildings and DwellingsNAICS 5617 | 11 | 3.2% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 11 | 3.2% | |
| 8 | Residential Building ConstructionNAICS 2361 | 11 | 3.2% | |
| 9 | Traveler AccommodationNAICS 7211 | 10 | 2.9% | |
| 10 | Offices of PhysiciansNAICS 6211 | 10 | 2.9% |
Approval sizes
- $150,001 to $350,00031.7%109
- $350,001 to $1 million47.1%162
- $1 million to $2 million15.1%52
- Over $2 million6.1%21
Loan terms
- Over 5 to 10 years80.2%276
- Over 10 to 20 years1.7%6
- Over 20 years18.0%62
Age of the businesses
- Existing, more than 2 years old72.1%248
- New business, 2 years or less16.0%55
- Startup, loan funds will open the business2.6%9
- Change of ownership9.3%32
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 312 | 90.7% | |
| 2 | 7a General | 32 | 9.3% |
Franchise share
30 of 344 approvals in FY2021–FY2025 (8.7%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Glo Tanning | 4 | 1.2% | |
| 2 | Super 8 by Wyndhan | 3 | 0.9% | |
| 3 | Crumbl | 2 | 0.6% | |
| 4 | Retrofitness | 2 | 0.6% | |
| 5 | Servpro | 1 | 0.3% | |
| 6 | America's Best Inns & Suites | 1 | 0.3% | |
| 7 | The UPS Store | 1 | 0.3% | |
| 8 | TACenergy, LLC | 1 | 0.3% |
Questions and answers
How many SBA loans does Grasshopper Bank National Association make?
SBA approved 201 7(a) loans through Grasshopper Bank National Association in FY2025, worth $101M, and 344 over FY2021 to FY2025. That ranks 111th of 2,184 active 7(a) lenders by number of approvals.
How large are Grasshopper Bank National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $500K and the average $773K. The program-wide median was $190K.
What is Grasshopper Bank National Association's charge-off rate?
Grasshopper Bank National Association has fewer than 30 disbursed loans from the FY2010 to FY2021 approval years on record, too few for a charge-off rate to be shown. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Grasshopper Bank National Association lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (37); building equipment contractors (17); personal care services (16); other amusement and recreation industries (13).
Where does Grasshopper Bank National Association make SBA loans?
In 43 states and territories. Florida 43, California 42, Texas 41, New York 25, New Jersey 19. In Florida it accounts for 0.2% of all 7(a) approvals.
Is Grasshopper Bank National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 308, against 36 in the three before: rising (+756%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error