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.

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
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

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
27%
$50K - $150K
26%
$150K - $350K
17%
$350K - $1M
25%
$1M - $2M
4%
Over $2M
2%

Nearby

Other agriculture industries

See the sector

Broilers and Other Meat Type Chicken Production4,094 · $677,000 Logging1,090 · $88,000 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

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.

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