NAICS 111422 · Agriculture
SBA loans for floriculture production
82 SBA loans worth $46.7M have been approved in this industry since FY2010 - the #737 most-financed NAICS code in the country.
Median loan
$207,550
+15% vs all industries
Typical range
$25K-$1.3M
Middle 80%
Median rate
7.00%
7(a) initial note rate
Median term
10 yr
Charge-off rate
11.1%
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 | Share |
|---|---|---|---|
| The Huntington National Bank | 10 | $8.8M | |
| Celtic Bank Corporation | 3 | $5.7M | |
| The Bank of Elk River | 1 | $5.0M | |
| Summit State Bank | 2 | $3.3M | |
| WBD, Inc. | 4 | $3.0M | |
| Greater Nevada CU | 1 | $2.2M | |
| Michigan Certified Development Corporation | 1 | $1.7M | |
| Zions Bank, A Division of | 5 | $1.3M | |
| Beacon Bank and Trust | 1 | $1.3M | |
| Plumas Bank | 1 | $1.0M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Michigan | 11 | |
| California | 10 | |
| Wisconsin | 9 | |
| Texas | 7 | |
| Minnesota | 6 | |
| North Carolina | 5 | |
| Pennsylvania | 4 | |
| Florida | 3 |
Approvals by fiscal year
’10
’11
’12
’13
’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 $50K20%
- $50K - $150K18%
- $150K - $350K23%
- $350K - $1M24%
- $1M - $2M7%
- Over $2M7%
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 floriculture production business?
- The median SBA approval in NAICS 111422 is $207,550, with the middle 80% of loans between $25,000 and $1,270,000. Across all industries the median is $180,000.
- Which lenders are most active in floriculture production?
- By dollars approved: The Huntington National Bank, Celtic Bank Corporation, The Bank of Elk River, Summit State Bank, WBD, Inc.. 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 floriculture production considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 11.1% 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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