Advertiser disclosure: Some links on this page earn us a commission. Compensation never affects our data, our rankings, or which lenders we cover. How we make money.
NAICS 115113 · Agriculture
SBA loans for crop harvesting, primarily by machine
105 SBA loans worth $33.3M have been approved in this industry since FY2010 - the #682 most-financed NAICS code in the country.
Median loan
$142,500
-21% vs all industries
Typical range
$15K-$750K
Middle 80%
Median rate
6.50%
7(a) initial note rate
Median term
7 yr
Charge-off rate
6.5%
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 |
|---|---|---|---|
| Bank OZK | 1 | $5.0M | |
| Newtek Small Business Finance, Inc. | 3 | $4.4M | |
| The Union Bank | 7 | $2.4M | |
| Hiawatha National Bank | 7 | $2.3M | |
| Equity Bank | 2 | $1.5M | |
| Peoples Bank and Trust Company | 1 | $1.3M | |
| Encore Bank | 2 | $1.2M | |
| Magnifi Financial CU | 6 | $1.2M | |
| Mission Bank | 3 | $1.1M | |
| Northwest Bank | 1 | $875K |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 19 | |
| Kansas | 14 | |
| Minnesota | 13 | |
| Wisconsin | 9 | |
| North Dakota | 8 | |
| Iowa | 4 | |
| Texas | 4 | |
| Missouri | 4 |
An SBA 7(a) lender for loans this size
70% of the SBA loans approved in crop harvesting, primarily by machine 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 $50K27%
- $50K - $150K26%
- $150K - $350K17%
- $350K - $1M25%
- $1M - $2M4%
- Over $2M2%
Nearby
Other agriculture industries
Common questions
- How much do SBA lenders typically lend to a crop harvesting, primarily by machine business?
- The median SBA approval in NAICS 115113 is $142,500, with the middle 80% of loans between $15,000 and $750,000. Across all industries the median is $180,000.
- Which lenders are most active in crop harvesting, primarily by machine?
- By dollars approved: Bank OZK, Newtek Small Business Finance, Inc., The Union Bank, Hiawatha National Bank, Equity 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 crop harvesting, primarily by machine considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 6.5% were charged off, versus 7.6% across all SBA lending. That is close to average.
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.