How much do SBA lenders typically lend to a other food crops grown under cover business?

The median SBA approval in NAICS 111419 is $219,600, with the middle 80% of loans between $21,000 and $1,213,000. Across all industries the median is $180,000.

Which lenders are most active in other food crops grown under cover?

By dollars approved: The Huntington National Bank, First Bank of the Lake, PCB Bank, Beacon Bank and Trust, Midwest Business Finance Corporation. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is other food crops grown under cover considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 16.4% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

NAICS 111419 · Agriculture

SBA loans for other food crops grown under cover

105 SBA loans worth $51.2M have been approved in this industry since FY2010 - the #678 most-financed NAICS code in the country.

Median loan

$219,600

+22% vs all industries

Typical range

$21K-$1.2M

Middle 80%

Median rate

6.25%

7(a) initial note rate

Median term

10 yr

Charge-off rate

16.4%

vs 7.6% all industries

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
The Huntington National Bank	8	$5.1M
First Bank of the Lake	1	$4.9M
PCB Bank	4	$2.8M
Beacon Bank and Trust	4	$2.7M
Midwest Business Finance Corporation	1	$2.7M
UMB Bank	5	$2.1M
First Merchants Bank	1	$2.0M
Paragon Bank	1	$1.9M
Business Development Corporation (BDC)	1	$1.8M
Community Bank of Pickens County	2	$1.7M

Geography

Where these loans were made

State	Loans	Share
California	10
Ohio	7
Minnesota	6
Montana	6
Georgia	5
Pennsylvania	5
New York	4
Indiana	4

Approvals by fiscal year

’10

’11

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
18%
$50K - $150K
21%
$150K - $350K
27%
$350K - $1M
18%
$1M - $2M
12%
Over $2M
4%

Nearby

Other agriculture industries

See the sector

Broilers and Other Meat Type Chicken Production4,094 · $677,000 Logging1,090 · $88,000 Support Activities for Animal Production803 · $189,000 Chicken Egg Production727 · $473,000 Beef Cattle Ranching and Farming629 · $75,300 Other Poultry Production483 · $350,000 Nursery and Tree Production452 · $260,500 Soil Preparation, Planting, and Cultivating451 · $171,600

Common questions

How much do SBA lenders typically lend to a other food crops grown under cover business?: The median SBA approval in NAICS 111419 is $219,600, with the middle 80% of loans between $21,000 and $1,213,000. Across all industries the median is $180,000.
Which lenders are most active in other food crops grown under cover?: By dollars approved: The Huntington National Bank, First Bank of the Lake, PCB Bank, Beacon Bank and Trust, Midwest Business Finance Corporation. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is other food crops grown under cover considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 16.4% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

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