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NAICS 113110 · Agriculture
SBA loans for timber tract operations
118 SBA loans worth $41.7M have been approved in this industry since FY2010 - the #653 most-financed NAICS code in the country.
Median loan
$97,050
-46% vs all industries
Typical range
$25K-$660K
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
7 yr
Charge-off rate
4.6%
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 |
|---|---|---|---|
| Shoreham Bank | 1 | $5.0M | |
| Byline Bank | 1 | $5.0M | |
| RiverBank | 2 | $5.0M | |
| The Huntington National Bank | 24 | $5.0M | |
| Valley First Federal Credit Union | 3 | $4.5M | |
| Buckeye State Bank | 1 | $2.0M | |
| Florida First Capital Finance Corporation, Inc. | 1 | $1.9M | |
| Oxford Bank | 4 | $1.8M | |
| Primis Bank | 1 | $1.0M | |
| Bar Harbor Bank & Trust | 6 | $718K |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Ohio | 16 | |
| West Virginia | 13 | |
| Mississippi | 7 | |
| Michigan | 7 | |
| New York | 6 | |
| North Carolina | 6 | |
| Texas | 6 | |
| Maine | 5 |
An SBA 7(a) lender for loans this size
81% of the SBA loans approved in timber tract operations since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K24%
- $50K - $150K37%
- $150K - $350K19%
- $350K - $1M13%
- $1M - $2M3%
- Over $2M4%
Nearby
Other agriculture industries
Common questions
- How much do SBA lenders typically lend to a timber tract operations business?
- The median SBA approval in NAICS 113110 is $97,050, with the middle 80% of loans between $25,000 and $660,000. Across all industries the median is $180,000.
- Which lenders are most active in timber tract operations?
- By dollars approved: Shoreham Bank, Byline Bank, RiverBank, The Huntington National Bank, Valley First Federal Credit Union. 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 timber tract operations considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.6% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.
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