Grow America Fund, Incorporated approved 99 SBA loans worth $61.0M between October 2021 and June 2026, ranking #360 of 2,283 SBA lenders nationally by loan count. Its median loan was $325,000, and 21% went to startups or businesses under two years old. It lent in 18 states, most often in California, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| California | 22 | $9.9M | $307,500 | #128 |
| New York | 18 | $9.2M | $318,800 | #86 |
| Delaware | 14 | $8.5M | $481,500 | #13 |
| Washington | 11 | $9.6M | $690,000 | #77 |
| Florida | 9 | $5.1M | $250,000 | #149 |
| Ohio | 8 | $2.8M | $300,000 | #93 |
| Hawaii | 4 | $1.7M | $425,500 | #19 |
| Texas | 3 | $1.9M | $480,000 | #320 |
| Arizona | 1 | $5.0M | $5,000,000 | #186 |
| Connecticut | 1 | $232K | $231,600 | #120 |
| North Carolina | 1 | $325K | $325,000 | #184 |
| Maryland | 1 | $100K | $100,000 | #137 |
| Massachusetts | 1 | $209K | $209,000 | #203 |
| Illinois | 1 | $141K | $140,600 | #292 |
| Oklahoma | 1 | $5.0M | $5,000,000 | #170 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 18 | $390,000 | |
| Manufacturing | 13 | $350,000 | |
| Health care and social assistance | 11 | $270,000 | |
| Retail | 10 | $300,000 | |
| Other services (repair, personal care) | 8 | $218,500 | |
| Construction | 8 | $553,250 | |
| Wholesale trade | 8 | $285,000 | |
| Professional and technical services | 7 | $690,000 | |
| Administrative and support services | 4 | $625,000 | |
| Education | 3 | $500,000 |