How much do SBA lenders typically lend to a logging business?

The median SBA approval in NAICS 113310 is $88,000, with the middle 80% of loans between $20,000 and $467,200. Across all industries the median is $180,000.

Which lenders are most active in logging?

By dollars approved: Timberland Bank, Katahdin Trust Company, Nicolet National Bank, Great North Bank, Truist 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 logging considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.9% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 113310 · Agriculture

SBA loans for logging

1,090 SBA loans worth $241.2M have been approved in this industry since FY2010 - the #190 most-financed NAICS code in the country.

Median loan

$88,000

-51% vs all industries

Typical range

$20K-$467K

Middle 80%

Median rate

6.25%

7(a) initial note rate

Median term

7 yr

Charge-off rate

5.9%

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
Timberland Bank	20	$19.1M
Katahdin Trust Company	85	$13.6M
Nicolet National Bank	15	$11.1M
Great North Bank	7	$8.5M
Truist Bank	13	$8.4M
TD Bank	28	$7.7M
Columbia Bank	60	$6.2M
Warren Bank and Trust Company	7	$6.0M
Peoples Bank	46	$5.6M
The Huntington National Bank	57	$5.0M

Geography

Where these loans were made

State	Loans	Share
Maine	143
Washington	81
Mississippi	80
New Hampshire	76
New York	70
Wisconsin	60
Minnesota	58
Idaho	55

Approvals by fiscal year

’10

’11

’12

’13

’14

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’16

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’18

’19

’20

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
31%
$50K - $150K
34%
$150K - $350K
19%
$350K - $1M
11%
$1M - $2M
3%
Over $2M
1%

Nearby

Other agriculture industries

See the sector

Broilers and Other Meat Type Chicken Production4,094 · $677,000 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 Dairy Cattle and Milk Production403 · $217,000

Common questions

How much do SBA lenders typically lend to a logging business?: The median SBA approval in NAICS 113310 is $88,000, with the middle 80% of loans between $20,000 and $467,200. Across all industries the median is $180,000.
Which lenders are most active in logging?: By dollars approved: Timberland Bank, Katahdin Trust Company, Nicolet National Bank, Great North Bank, Truist 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 logging considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.9% were charged off, versus 7.6% across all SBA lending. That is close to average.

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