How much do SBA lenders typically lend to a nursery and tree production business?

The median SBA approval in NAICS 111421 is $260,500, with the middle 80% of loans between $25,000 and $1,535,000. Across all industries the median is $180,000.

Which lenders are most active in nursery and tree production?

By dollars approved: The Huntington National Bank, PlainsCapital Bank, Byline Bank, SouthState Bank, Pinnacle 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.

Is nursery and tree production considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.2% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 111421 · Agriculture

SBA loans for nursery and tree production

452 SBA loans worth $263.0M have been approved in this industry since FY2010 - the #353 most-financed NAICS code in the country.

Median loan

$260,500

+45% vs all industries

Typical range

$25K-$1.5M

Middle 80%

Median rate

6.25%

7(a) initial note rate

Median term

10 yr

Charge-off rate

7.2%

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	35	$16.1M
PlainsCapital Bank	8	$14.2M
Byline Bank	6	$11.1M
SouthState Bank	6	$9.2M
Pinnacle Bank	7	$8.2M
Florida Business Development Corporation	9	$7.7M
United Business Bank	3	$6.2M
Newtek Small Business Finance, Inc.	4	$5.4M
Live Oak Banking Company	3	$5.3M
Wells Fargo Bank	19	$5.3M

Geography

Where these loans were made

State	Loans	Share
Florida	64
California	43
Ohio	32
Texas	20
Michigan	19
Pennsylvania	18
North Carolina	16
Oregon	16

Approvals by fiscal year

’10

’11

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’16

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
16%
$50K - $150K
24%
$150K - $350K
16%
$350K - $1M
26%
$1M - $2M
10%
Over $2M
8%

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 Soil Preparation, Planting, and Cultivating451 · $171,600 Dairy Cattle and Milk Production403 · $217,000

Common questions

How much do SBA lenders typically lend to a nursery and tree production business?: The median SBA approval in NAICS 111421 is $260,500, with the middle 80% of loans between $25,000 and $1,535,000. Across all industries the median is $180,000.
Which lenders are most active in nursery and tree production?: By dollars approved: The Huntington National Bank, PlainsCapital Bank, Byline Bank, SouthState Bank, Pinnacle 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.
Is nursery and tree production considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.2% were charged off, versus 7.6% across all SBA lending. That is close to average.

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