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Grasshopper Bank National Association (NY)

Administrative Management and General Management Consulting Services Advertising Agencies All Other Home Furnishings Stores All Other Miscellaneous Crop Farming All Other Miscellaneous Electrical Equipment and Component Manufacturi All Other Personal Services All Other Professional, Scientific, and Technical Services All Other Specialty Food Stores All Other Specialty Trade Contractors Audio and Video Equipment Manufacturing Automotive Body, Paint, and Interior Repair and Maintenance Carpet and Upholstery Cleaning Services Child Day Care Services Commercial and Industrial Machinery and Equipment (except Automotive a Commercial and Institutional Building Construction Custom Computer Programming Services Diet and Weight Reducing Centers Electrical Contractors Employment Placement Agencies Fitness and Recreational Sports Centers Flooring Contractors Florists Freight Transportation Arrangement Fresh Fruit and Vegetable Merchant Wholesalers Full-Service Restaurants Gasoline Stations with Convenience Stores General Freight Trucking, Local General Freight Trucking, Long Distance, Truckload General Warehousing and Storage Glass Product Manufacturing Made of Purchased Glass Home Health Care Services Independent Artists, Writers, and Performers Industrial Building Construction Industrial Machinery and Equipment Merchant Wholesalers Insurance Agencies and Brokerages Janitorial Services Jewelry Stores Landscape Architectural Services Landscaping Services New Car Dealers New Single-Family Housing Construction (except Operative Builders) Nursing Care Facilities Office Administrative Services Offices of All Other Miscellaneous Health Practitioners Offices of Dentists Offices of Lawyers Offices of Mental Health Practitioners (except Physicians) Offices of Other Holding Companies Offices of Physicians (except Mental Health Specialists) Other Activities Related to Real Estate Other Building Finishing Contractors Other Computer Related Services Other Management Consulting Services Other Personal Care Services Other Waste Collection Plumbing, Heating, and Air-Conditioning Contractors Residential Remodelers Roofing Contractors Scheduled Freight Air Transportation Security Guards and Patrol Services Site Preparation Contractors Solid Waste Collection Specialized Freight (except Used Goods) Trucking, Local Specialized Freight (except Used Goods) Trucking, Long-Distance Sports and Recreation Instruction Supermarkets and Other Grocery (except Convenience) Stores Title Abstract and Settlement Offices Travel Agencies
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
# Startup
# Variable Rates
SBA Loan Approvals as of 6/30/25 157
SBA Loans Total Approval Amount as of 6/30/25 $74,363,600
Average SBA Loan Size as of 6/30/25 $473,654
Average SBA Loan Rate over Prime (Prime is 7%) 3.19
Grasshopper Bank National Association (NY)

Unlock Your Financial Potential with Grasshopper Bank, National Association (NY)

Grasshopper Bank, headquartered in New York City, is a digital-first business bank built to serve modern entrepreneurs, startups, and small businesses across the United States. As an experienced SBA lender and technology-driven financial institution, Grasshopper combines innovative online banking with personalized service — helping business owners access the funding and financial tools they need to grow.

Key Features of Grasshopper Bank

  • Digital Business Banking: 100% online business checking and savings accounts with no monthly fees, built-in invoicing, payment tools, and seamless accounting integrations.
  • SBA Loan Programs: Grasshopper Bank participates in SBA 7(a) and 504 loan programs, offering flexible, government-backed financing for working capital, real estate, equipment, and business expansion.
  • Nationwide Lending: As a digital bank, Grasshopper serves clients across all 50 states — combining national reach with specialized SBA lending expertise.
  • Tailored Commercial Solutions: In addition to SBA loans, the bank provides venture-backed startup banking, fintech partnerships, and business lines of credit tailored to high-growth companies.
  • Commitment to Innovation and Inclusion: Grasshopper Bank actively supports women-owned, minority-owned, and early-stage businesses, fostering inclusive entrepreneurship through accessible capital and digital tools.

Why Choose Grasshopper Bank for SBA Loans?

Grasshopper Bank redefines small business banking through speed, simplicity, and technology. Its SBA lending specialists use digital processes to streamline approvals, reduce paperwork, and fund loans faster than traditional banks. Whether you’re a startup seeking working capital or an established business ready to expand, Grasshopper offers modern financial solutions backed by trusted SBA programs.

How to Get Started

Ready to finance your next big idea with an SBA loan or digital business solution? Visit the Grasshopper Bank SBA Lending page to explore available programs, review eligibility, and connect with an SBA lending expert.

Empower your financial future today with Grasshopper Bank — where technology meets trust for the modern entrepreneur.

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