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NAICS 115112 · Agriculture
SBA loans for soil preparation, planting, and cultivating
451 SBA loans worth $153.4M have been approved in this industry since FY2010 - the #354 most-financed NAICS code in the country.
Median loan
$171,600
-5% vs all industries
Typical range
$35K-$780K
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
9.3 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 | Share |
|---|---|---|---|
| Stearns Bank | 6 | $6.3M | |
| Newtek Bank | 3 | $5.8M | |
| Red River State Bank | 22 | $5.8M | |
| Dream First Bank | 4 | $5.7M | |
| U.S. Bank | 9 | $5.4M | |
| Regions Bank | 3 | $4.4M | |
| Peoples Savings Bank | 2 | $4.0M | |
| The First National Bank of Carmi | 2 | $3.6M | |
| American Bank and Trust | 2 | $3.1M | |
| Zions Bank, A Division of | 11 | $2.9M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 47 | |
| Minnesota | 33 | |
| Iowa | 22 | |
| Washington | 22 | |
| North Dakota | 20 | |
| Arkansas | 18 | |
| Texas | 18 | |
| Idaho | 18 |
An SBA 7(a) lender for loans this size
71% of the SBA loans approved in soil preparation, planting, and cultivating 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 $50K15%
- $50K - $150K29%
- $150K - $350K27%
- $350K - $1M22%
- $1M - $2M4%
- Over $2M2%
Nearby
Other agriculture industries
Common questions
- How much do SBA lenders typically lend to a soil preparation, planting, and cultivating business?
- The median SBA approval in NAICS 115112 is $171,600, with the middle 80% of loans between $34,600 and $780,000. Across all industries the median is $180,000.
- Which lenders are most active in soil preparation, planting, and cultivating?
- By dollars approved: Stearns Bank, Newtek Bank, Red River State Bank, Dream First Bank, U.S. 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 soil preparation, planting, and cultivating 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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