Grasshopper Bank National Association
Headquartered in New York, NY. Analysis based on 364 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $280.1M.
Total 7(a) loans
364
Total approved
$280.1M
Average loan
$770K
States funded in
43
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
13.33%
Average rate
10.35%
Average term
151 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722511 | Full-Service Restaurants | 24 |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 12 |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 11 |
| 812210 | Funeral Homes and Funeral Services | 10 |
| 722513 | Limited-Service Restaurants | 10 |
| 721110 | Hotels (except Casino Hotels) and Motels | 9 |
| 812112 | Beauty Salons | 8 |
| 236118 | Residential Remodelers | 8 |
| 812199 | Other Personal Care Services | 7 |
| 713940 | Fitness and Recreational Sports Centers | 7 |
Top 10 states
| State | Loans |
|---|---|
| FL | 46 |
| TX | 45 |
| CA | 44 |
| NY | 25 |
| NJ | 21 |
| MI | 14 |
| CO | 14 |
| GA | 14 |
| NC | 12 |
| TN | 11 |
Top franchise brands financed
30 franchise loans across 23 distinct brands.
| Franchise | Loans |
|---|---|
| GLO TANNING | 4 |
| Super 8 by Wyndhan | 3 |
| Retrofitness | 2 |
| Crumbl | 2 |
| AMERICA'S BEST INNS & SUITES | 1 |
| D Pet Hotels | 1 |
| Restore Hyper Wellness | 1 |
| Servpro | 1 |
| Subway | 1 |
| F45 Training | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.