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NAICS 111150Agriculture, Forestry & Fishing

How Much Can Corn Farming Businesses Get in SBA Loans?

134 SBA loans totaling $45.0M have been approved for corn farming businesses (NAICS 111150). The average approved SBA loan is $336K, which is near national avg the $340K national average. 73 active lenders fund this industry.

Quick Answer

NAICS 111150 (Corn Farming) received 134 SBA loans worth $45.0M across 5+ states. Average loan $336K, average term 105 months.73 active SBA-approved lenders fund this industry. Most corn farming loans use the SBA 7(a) program. There are approximately 23,332 U.S. establishments in this industry (Census 2022).

134
Total SBA Loans
$45.0M
Total Volume
$336K
Avg Loan Size
near national avg
73
Active Lenders
105 mo
Avg Term
19% below avg
1,146
Jobs Supported

Is SBA Lending Growing for Corn Farming?

11
6
11
4
1
22
1
4
4
4
16
17
18
19
20
21
22
23
24
25
$7.5M
$721K
$2.3M
$541K
$85K
$12.2M
$14K
$137K
$5.5M
$3.5M

Which SBA Program Do Corn Farming Businesses Use Most?

SBA 7(a)128 (96%)
SBA 5046 (4%)

What Is the Best SBA Loan for Corn Farming?

SBA 7(a)

The most widely used SBA program for corn farming businesses — flexible terms, multiple use cases

Industry avg loan: $336K
Typical term: 105 months
Historical avg rate: 6.01%
73+ lenders active in this industry

Where Are Corn Farming SBA Loans Most Common?

#1
MN
28 loans
$14.5M
#2
IA
24 loans
$2.4M
#3
NE
18 loans
$8.0M
#4
WI
9 loans
$6.4M
#5
SD
7 loans
$1.8M

Top SBA Lenders for Corn Farming

These banks have funded the most SBA loans for corn farming businesses (NAICS 111150). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1First Central State Bank(IA)8$446K
2Red River State Bank(MN)7$8.2M
3First Community Bank(VA)7$528K
4Hershey Bank(NE)6$6.4M
5Welcome State Bank(MN)6$492K

Corn Farming Industry Context

U.S. Establishments
23,332
U.S. Census Bureau · 2022
SBA Penetration
0.57%
SBA loans per establishment

Ready to Fund Your Corn Farming Business?

PeerSense places SBA loans for corn farming businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Financing a Corn Farming business? Get matched to an SBA lender.

Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.

SBA 7(a) / 504 — Response within 4 business hours. No obligation.

No retainers · Referral fee at closing · Or call (317) 452-6990

How Does SBA Lending Work for Corn Farming Businesses?

Across all SBA loan programs, 134 loans have been approved for businesses classified under NAICS 111150 (Corn Farming), representing $45.0M in total capital deployed. The average approved loan of $336K is near national avg the national SBA average of $340K, with typical repayment terms of 105 months.

SBA lending for corn farming has remained relatively stable across recent fiscal years. 73 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.

The overwhelming majority of SBA lending for corn farming uses the 7(a) program, which provides the most flexibility — covering working capital, equipment purchases, partner buyouts, debt refinancing, and business acquisitions up to $5M with terms up to 25 years.

PeerSense specializes in matching corn farming business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.

Frequently Asked Questions — Corn Farming SBA Loans

What is the average SBA loan size for corn farming businesses?
Based on 134 approved SBA loans, the average loan size for corn farming (NAICS 111150) is $336K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a corn farming business?
SBA 7(a) is the most commonly used SBA program for corn farming businesses. The most widely used SBA program for corn farming businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for corn farming?
73 different SBA-approved lenders have funded loans in this industry. Not all lenders are equally active in every industry — PeerSense matches your deal with lenders who have experience and appetite in the corn farming sector.
What states have the most SBA lending for corn farming?
MN leads with 28 SBA loans and $14.5M in total volume for corn farming businesses. IA, NE, WI also show strong lending activity in this sector.
How does PeerSense help corn farming businesses get SBA loans?
PeerSense is a capital advisory firm — not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the corn farming industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Corn Farming defined by NAICS code 111150. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.