STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
FAIR
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
429
2010–2025
Total Volume
$241M
Gross loan amounts
States Active
23
With recorded loans
Programs
7(a) & 504
429 total segments
Grow America Fund primarily focuses on existing businesses, with 79% of their deals serving this purpose. This makes them a strong choice for established companies looking for financing.
With an average 7(a) spread of P+1.21%, Grow America Fund offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Despite a significant total volume of $241M across 429 deals, Grow America Fund has seen a 41% decline in year-over-year growth. This trend may indicate a tightening of their lending criteria, which could affect new applicants.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 3 504 loans, which use fixed SBA debenture rates.
Top 15 of 23 states where Grow America Fund, Incorporated has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Wholesale Trade
Wholesale Trade
Specialty Trade Contractors
Construction
Retail Trade
Retail Trade
Other Health Practitioners
Health Care & Social Assistance
Food & Beverage Stores
Retail Trade
Administrative & Waste Services
Administrative & Waste Services
+ 7 more
All recorded SBA lending activity for Grow America Fund, Incorporated, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| California · Restaurants & Food Service · Under $150K | 7(a) | 11 | P+1.75% | $132K | Q1 2025 |
| California · Manufacturing · $150K – $350K | 7(a) | 8 | P+1.63% | $270K | Q1 2025 |
| Ohio · Manufacturing · $150K – $350K | 7(a) | 7 | P+1.75% | $270K | Q2 2024 |
| New York · Restaurants & Food Service · Under $150K | 7(a) | 7 | P+1.00% | $136K | Q3 2022 |
| Ohio · Restaurants & Food Service · $150K – $350K | 7(a) | 6 | P+1.25% | $257K | Q3 2023 |
| New York · Wholesale Trade · $500K – $1M | 7(a) | 6 | P+2.00% | $799K | Q1 2023 |
| California · Restaurants & Food Service · $150K – $350K | 7(a) | 6 | P+1.38% | $264K | Q2 2023 |
| Ohio · Manufacturing · $350K – $500K | 7(a) | 5 | P+0.00% | $407K | Q1 2015 |
| New York · Manufacturing · $1M – $2M | 7(a) | 5 | P+0.13% | $1.6M | Q3 2017 |
| New York · Manufacturing · $500K – $1M | 7(a) | 5 | P+0.25% | $723K | Q1 2023 |
| California · Manufacturing · $500K – $1M | 7(a) | 5 | P+1.00% | $792K | Q4 2024 |
| California · Wholesale Trade · $150K – $350K | 7(a) | 5 | P+1.50% | $291K | Q2 2022 |
| Ohio · Manufacturing · $500K – $1M | 7(a) | 5 | P+1.00% | $875K | Q3 2022 |
| New York · Restaurants & Food Service · $150K – $350K | 7(a) | 5 | P+1.75% | $238K | Q3 2021 |
| California · Manufacturing · $1M – $2M | 7(a) | 4 | P+2.24% | $1.5M | Q2 2018 |
| California · Manufacturing · Under $150K | 7(a) | 4 | P+1.50% | $129K | Q1 2012 |
| California · Restaurants & Food Service · $500K – $1M | 7(a) | 4 | P+1.25% | $641K | Q2 2025 |
| New York · Retail Trade · Under $150K | 7(a) | 4 | P+-0.25% | $131K | Q3 2019 |
| Delaware · Manufacturing · $150K – $350K | 7(a) | 3 | P+1.21% | $262K | Q3 2023 |
| California · Wholesale Trade · Under $150K | 7(a) | 3 | P+1.00% | $111K | Q2 2020 |
| Washington · Restaurants & Food Service · $150K – $350K | 7(a) | 3 | P+2.25% | $314K | Q3 2024 |
| California · Retail Trade · Under $150K | 7(a) | 3 | P+1.50% | $119K | Q1 2016 |
| Ohio · Management & IT Consulting · Under $150K | 7(a) | 3 | P+1.75% | $125K | Q3 2020 |
| California · Restaurants & Food Service · $350K – $500K | 7(a) | 3 | P+1.50% | $457K | Q4 2023 |
| New York · Wholesale Trade · $1M – $2M | 7(a) | 3 | P+-0.25% | $1.5M | Q4 2013 |
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Real experiences from borrowers who closed SBA loans with Grow America Fund, Incorporated.
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