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NAICS 112210Agriculture, Forestry & FishingLending Growing

How Much Can Hog and Pig Farming Businesses Get in SBA Loans?

549 SBA loans totaling $239.5M have been approved for hog and pig farming businesses (NAICS 112210). The average approved SBA loan is $436K, which is 28% above avg the $340K national average. 174 active lenders fund this industry with a 7.1% default rate on the matured 2018-2021 loan cohort.

Low default risk7.1% vs 15.4% all-industry avg

At 7.1%, Hog and Pig Farming sits well below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — low default risk relative to other SBA industries. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.

Quick Answer

NAICS 112210 (Hog and Pig Farming) received 549 SBA loans worth $239.5M across 5+ states. Average loan $436K, average term 141 months, 7.1% default rate (resolved-loan basis).174 active SBA-approved lenders fund this industry. Most hog and pig farming loans use the SBA 7(a) program. There are approximately 23,332 U.S. establishments in this industry (Census 2022).

549
Total SBA Loans
$239.5M
Total Volume
$436K
Avg Loan Size
28% above avg
174
Active Lenders
141 mo
Avg Term
8% above avg
1,086
Jobs Supported

Is SBA Lending Growing for Hog and Pig Farming?+300% growth

14
6
13
5
3
6
7
1
1
4
16
17
18
19
20
21
22
23
24
25
$8.4M
$1.7M
$11.9M
$1.0M
$4.3M
$2.4M
$4.8M
$115K
$368K
$3.6M

Which SBA Program Do Hog and Pig Farming Businesses Use Most?

SBA 7(a)418 (76%)
SBA 504131 (24%)

What Is the Best SBA Loan for Hog and Pig Farming?

SBA 7(a)

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

Industry avg loan: $436K
Typical term: 141 months
Historical avg rate: 6.24%
174+ lenders active in this industry
Default rate (2018–21 matured cohort): 7.1%

Where Are Hog and Pig Farming SBA Loans Most Common?

#1
IA
168 loans
$51.7M
#2
MN
101 loans
$49.2M
#3
MO
44 loans
$20.0M
#4
AR
43 loans
$25.9M
#5
NC
29 loans
$21.5M

Top SBA Lenders for Hog and Pig Farming

These banks have funded the most SBA loans for hog and pig farming businesses (NAICS 112210). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Minnesota Business Finance Cor(MN)29$12.0M
2Siouxland Economic Development(IA)29$8.3M
3Wells Fargo Bank National Association(SD)27$14.0M
4First Financial Bank(AR)26$16.5M
5German American Bank(IN)25$7.8M

Hog and Pig Farming Industry Context

U.S. Establishments
23,332
U.S. Census Bureau · 2022
SBA Penetration
2.35%
SBA loans per establishment

Ready to Fund Your Hog and Pig Farming Business?

PeerSense places SBA loans for hog and pig 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 Hog and Pig 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 Hog and Pig Farming Businesses?

Across all SBA loan programs, 549 loans have been approved for businesses classified under NAICS 112210 (Hog and Pig Farming), representing $239.5M in total capital deployed. The average approved loan of $436K is 28% above avg the national SBA average of $340K, with typical repayment terms of 141 months.

SBA lending for hog and pig farming is accelerating — loan volume has grown approximately 300% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2016.

Notably, 24% of SBA loans in this industry use the 504 program — well above the national average — indicating that hog and pig farming businesses frequently finance major fixed assets like real estate, heavy equipment, or facility buildouts. The 504 program offers up to $5.5M with below-market fixed rates and only 10% down from the borrower.

PeerSense specializes in matching hog and pig 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 — Hog and Pig Farming SBA Loans

What is the average SBA loan size for hog and pig farming businesses?
Based on 549 approved SBA loans, the average loan size for hog and pig farming (NAICS 112210) is $436K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a hog and pig farming business?
SBA 7(a) is the most commonly used SBA program for hog and pig farming businesses. The most widely used SBA program for hog and pig 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 hog and pig farming?
174 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 hog and pig farming sector.
What states have the most SBA lending for hog and pig farming?
IA leads with 168 SBA loans and $51.7M in total volume for hog and pig farming businesses. MN, MO, AR also show strong lending activity in this sector.
How does PeerSense help hog and pig 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 hog and pig 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). Hog and Pig Farming defined by NAICS code 112210. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.