NAICS 111211 · Agriculture
SBA loans for potato farming
43 SBA loans worth $38.7M have been approved in this industry since FY2010 - the #885 most-financed NAICS code in the country.
Median loan
$350,000
+94% vs all industries
Typical range
$20K-$2.7M
Middle 80%
Median rate
6.50%
7(a) initial note rate
Median term
10 yr
Charge-off rate
-
Cohort too small
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Most active in this industry
| Lender | Loans | Approved | Share |
|---|---|---|---|
| WBD, Inc. | 1 | $5.0M | |
| First United Bank | 1 | $5.0M | |
| The First Bank and Trust Company | 2 | $5.0M | |
| Frandsen Bank and Trust | 1 | $4.3M | |
| West Coast Community Bank | 1 | $3.0M | |
| United Community Bank | 1 | $2.5M | |
| Mechanics Bank | 1 | $2.1M | |
| Southern Bank and Trust Company | 1 | $1.8M | |
| BankPlus | 2 | $1.4M | |
| Dream First Bank | 3 | $1.3M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Kansas | 6 | |
| California | 5 | |
| North Dakota | 4 | |
| North Carolina | 4 | |
| New York | 3 | |
| Mississippi | 3 | |
| Vermont | 3 | |
| Maine | 3 |
Approvals by fiscal year
’10
’11
’12
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K21%
- $50K - $150K16%
- $150K - $350K9%
- $350K - $1M28%
- $1M - $2M7%
- Over $2M19%
Nearby
Other agriculture industries
Broilers and Other Meat Type Chicken Production4,094 · $677,000Logging1,090 · $88,000Support Activities for Animal Production803 · $189,000Chicken Egg Production727 · $473,000Beef Cattle Ranching and Farming629 · $75,300Other Poultry Production483 · $350,000Nursery and Tree Production452 · $260,500Soil Preparation, Planting, and Cultivating451 · $171,600
Common questions
- How much do SBA lenders typically lend to a potato farming business?
- The median SBA approval in NAICS 111211 is $350,000, with the middle 80% of loans between $20,000 and $2,740,600. Across all industries the median is $180,000.
- Which lenders are most active in potato farming?
- By dollars approved: WBD, Inc., First United Bank, The First Bank and Trust Company, Frandsen Bank and Trust, West Coast Community Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
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