Grasshopper Bank National Association
NY
SBA-approved lender offering 6 loan programs across 68 industries.
Key Metrics
Interest Rate
9.94%
3.19% over prime
Average Loan
$503K
Per approval
Total Approvals
201
FY 2025
Loan Programs (6)
Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Industries Served (68)
Administrative Management and General Management Consulting ServicesAdvertising AgenciesAll Other Home Furnishings StoresAll Other Miscellaneous Crop FarmingAll Other Miscellaneous Electrical Equipment and Component ManufacturiAll Other Personal ServicesAll Other Professional, Scientific, and Technical ServicesAll Other Specialty Food StoresAll Other Specialty Trade ContractorsAudio and Video Equipment ManufacturingAutomotive Body, Paint, and Interior Repair and MaintenanceCarpet and Upholstery Cleaning ServicesChild Day Care ServicesCommercial and Industrial Machinery and Equipment (except Automotive aCommercial and Institutional Building ConstructionCustom Computer Programming ServicesDiet and Weight Reducing CentersElectrical ContractorsEmployment Placement AgenciesFitness and Recreational Sports CentersFlooring ContractorsFloristsFreight Transportation ArrangementFresh Fruit and Vegetable Merchant WholesalersFull-Service RestaurantsGasoline Stations with Convenience StoresGeneral Freight Trucking, LocalGeneral Freight Trucking, Long Distance, TruckloadGeneral Warehousing and StorageGlass Product Manufacturing Made of Purchased GlassHome Health Care ServicesIndependent Artists, Writers, and PerformersIndustrial Building ConstructionIndustrial Machinery and Equipment Merchant WholesalersInsurance Agencies and BrokeragesJanitorial ServicesJewelry StoresLandscape Architectural ServicesLandscaping ServicesNew Car DealersNew Single-Family Housing Construction (except Operative Builders)Nursing Care FacilitiesOffice Administrative ServicesOffices of All Other Miscellaneous Health PractitionersOffices of DentistsOffices of LawyersOffices of Mental Health Practitioners (except Physicians)Offices of Other Holding CompaniesOffices of Physicians (except Mental Health Specialists)Other Activities Related to Real EstateOther Building Finishing ContractorsOther Computer Related ServicesOther Management Consulting ServicesOther Personal Care ServicesOther Waste CollectionPlumbing, Heating, and Air-Conditioning ContractorsResidential RemodelersRoofing ContractorsScheduled Freight Air TransportationSecurity Guards and Patrol ServicesSite Preparation ContractorsSolid Waste CollectionSpecialized Freight (except Used Goods) Trucking, LocalSpecialized Freight (except Used Goods) Trucking, Long-DistanceSports and Recreation InstructionSupermarkets and Other Grocery (except Convenience) StoresTitle Abstract and Settlement OfficesTravel Agencies
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 3.19%
- Effective Rate
- 9.94%
- Fiscal Year
- 2025
- States Served
- NY
- Website
- www.grasshopper.bank
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