Grow America Fund, Incorporated
NY
SBA-approved lender offering 7 loan programs across 9 industries.
Key Metrics
Interest Rate
8.75%
2.00% over prime
Average Loan
$913K
Per approval
Total Approvals
17
FY 2025
Loan Programs (7)
7a General
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 (9)
All Other Professional, Scientific, and Technical ServicesBeauty SalonsElectrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant WholesalersFlooring ContractorsFull-Service RestaurantsOther Services to Buildings and DwellingsOther Technical and Trade SchoolsPainting and Wall Covering ContractorsRetail Bakeries
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.00%
- Effective Rate
- 8.75%
- Fiscal Year
- 2025
- States Served
- NY
- Website
- growamerica.org
Ready to apply with Grow America Fund, Incorporated?
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