Bank · New York, NY
Grasshopper Bank
Made 27 SBA 7(a) change-of-ownership loans totaling $49.4M in FY2024 to FY2026: #129 of 1,054 lenders by loans and #82 by dollars. Lends in 15 states. Part of Grasshopper Bcorp Inc.
#129by loans, FY24–26
27loans
$49.4Mapproved
$1.4Mmedian loan
Full legal name: Grasshopper Bank, N.A.
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 10 | $17.2M | $1.4M | 0.2% |
| FY2025 | 6 | $11.0M | $1.8M | 0.1% |
| FY2026 | 11 | $21.2M | $1.9M | 0.2% |
Loan size
Deal size mix
59% of its loans were $1M or more.
- Under $350K1 loans · 4% · $240K
- $350K to $1M10 loans · 37% · $5.3M
- $1M to $2M6 loans · 22% · $9.4M
- $2M to $5M10 loans · 37% · $34.5M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Arts, Entertainment & Recreation | 4 | $10.2M |
| Professional, Scientific & Technical Services | 4 | $7.3M |
| Health Care & Social Assistance | 3 | $5.9M |
| Construction | 3 | $10.2M |
| Other Services | 3 | $3.5M |
| Wholesale Trade | 2 | $5.3M |
| Administrative & Support, Waste Mgmt | 2 | $3.3M |
| Finance & Insurance | 2 | $850K |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| California | 4 | $9.7M |
| Colorado | 3 | $1.9M |
| Maryland | 3 | $6.9M |
| New Jersey | 3 | $3.3M |
| New York | 2 | $4.7M |
| Michigan | 2 | $1.3M |
| Florida | 2 | $4.5M |
| Indiana | 1 | $1.4M |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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