SBA Loans for Nursery and Tree Production: Top Lenders & Recent Approvals

NAICS 111

NAICS 111 covers nursery and tree production businesses. Based on historical SBA 7(a) lending data.

Total Approvals

165

for Nursery and Tree Production

Median Loan Size

$150,000

per approval

Recent Activity

last 90 days through Nov 2025

NAICS 111 covers nursery and tree production businesses. This is a moderately active sector for SBA 7(a) lending with 165 approvals and a median loan size of $150,000.

Key trends & insights

SBA lending to nursery and tree production businesses declined 18% year-over-year — from 122 to 100 approvals.
Total SBA dollars flowing into this industry decreased by 31% year-over-year, reaching $29,109,700 in the trailing 12 months.
Loan sizes vary dramatically by location — the median in Minnesota ($500,000) is 10.3x higher than Oregon ($48,500).
Nursery and Tree Production loans skew smaller than the SBA average at $150,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.

Lending trends for Nursery and Tree Production

↓ 18%loan volume YoY

↓ 31%dollar volume YoY

Total loaned ($)

Median loan size

Top lenders by historical volume

#	Lender	Approvals	Median Size	Recent	Top States
1	Newtek Bank, National Association	45	$275,000	2	CA, VA, TX
2	Wells Fargo Bank, National Association	35	$10,000	—	CA, VA, TX
3	THE Huntington National Bank	34	$85,000	5	MI, OH, FL
4	Columbia Bank	32	$25,000	4	WA, OR, CA
5	RED River State Bank	25	$670,000	—	MN, ND
6	Manufacturers AND Traders Trust Company	21	$25,000	4	PA, NY, MD
7	Bayfirst National Bank	20	$150,000	1	IL, PA, SC
8	TD Bank, National Association	19	$25,000	1	FL, NH, MA
9	Ultima Bank Minnesota	18	$225,000	—	MN
10	Readycap Lending, LLC	15	$50,000	4	CA, MD, TN
11	First Savings Bank	14	$50,000	—	CA, NY
12	Banner Bank	13	$52,000	—	WA, OR, ID
13	Banco Popular DE Puerto Rico	13	$25,000	1	PR, VI
14	Celtic Bank, CORP.	9	$150,000	1	TX, NJ, OR
15	Northeast Bank	8	$150,000	1	NY, CA, WY
16	Keybank, National Association	7	$50,200	—	AK, OR, WA
17	Plainscapital Bank	6	$2,660,600	—	TX
18	Pineland Bank	6	$684,000	—	GA
19	Farmers Bank AND Trust	5	$185,000	—	KS
20	Security Financial Bank	5	$250,000	—	WI

Recent SBA 7(a) approvals for Nursery and Tree Production

Month	Lender	Borrower	Location	Amount
2025-12	Celtic Bank Corporation	J &*****LLC	HOMESTEAD, FL	$150,000
2025-12	BancFirst	Tyl*****orf	PAWHUSKA, OK	$83,300
2025-12	Columbia Bank	Dec*****LLC	JUNCTION CITY, OR	$28,000
2025-12	The Huntington National Bank	FRA*****LLC	FRANKENMUTH, MI	$143,000
2025-12	The Huntington National Bank	Sto*****LLC	FERNDALE, MI	$100,000
2025-12	The Huntington National Bank	Sto*****LLC	FERNDALE, MI	$635,000
2025-11	Newtek Bank, National Association	Vir*****ive	CHARLOTTESVILLE, VA	$50,000
2025-11	Manufacturers and Traders Trust Company	Ale*****arm	OLDTOWN, MD	$20,000
2025-11	U.S. Bank, National Association	Alv*****009	FILLMORE, CA	$1,036,300
2025-11	Manufacturers and Traders Trust Company	Lor*****ver	CARLISLE, PA	$15,000
2025-11	Meridian Bank	Roo*****LLC	WEST CHESTER, PA	$940,000
2025-11	Columbia Bank	Egg*****arm	MERIDIAN, CA	$23,500
2025-11	Readycap Lending, LLC	Fiv*****age	NEWBERRY, FL	$254,000
2025-11	Readycap Lending, LLC	TRE*****LLC	ELMIRA, NY	$50,000
2025-09	The Huntington National Bank	Fiv*****nc.	BURGAW, NC	$1,822,400
2025-09	First Commonwealth Bank	Jac*****LLC	ARCHER, FL	$853,000
2025-09	First Commonwealth Bank	Jac*****LLC	ARCHER, FL	$189,000
2025-09	First Commonwealth Bank	Jac*****LLC	ARCHER, FL	$50,000
2025-09	Accion Opportunity Fund Community Development	Rya*****rms	Goodhue, MN	$350,000
2025-09	Northeast Bank	Cra*****LLC	Anatone, WA	$77,000
2025-09	Newtek Bank, National Association	Vir*****ive	CHARLOTTESVILLE, VA	$500,000
2025-09	The Huntington National Bank	Rob*****lin	OWOSSO, MI	$75,000
2025-08	Readycap Lending, LLC	Kha*****LLC	MADERA, CA	$29,500
2025-08	Columbia Bank	Sha***** AG	ARBUCKLE, CA	$25,000
2025-08	Community First CU	THE*****NC.	Green Bay, WI	$25,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

Activity by state

CA14 MN13 TX10 OR8 WA8 FL7 MI6 VA6 KS5 NE5 NY5 GA5 ND4 PA4 CO4 MO4 NJ4 WY3 HI3 MD3 NC3 NH3 OK3 UT3 MA2 IN2 NM2 OH2 PR2 RI2 SD2 AK2 AZ2 MS2 MT2 AL1 VT1 SC1 NV1 IL1 KY1 WI1 ID1 DE1 CT1

Less active

More active

State-by-state breakdown

#	State	Approvals	Median Size	#1 Lender	Last 90 Days
1	California	14	$200,000	Newtek Bank, National Association4 approvals	2
2	Minnesota	13	$500,000	RED River State Bank6 approvals	—
3	Texas	10	$162,500	Plainscapital Bank2 approvals	—
4	Oregon	8	$48,500	Columbia Bank3 approvals	—
5	Washington	8	$52,500	Columbia Bank3 approvals	—
6	Florida	7	$189,000	Newtek Bank, National Association3 approvals	—
7	Michigan	6	$75,000	THE Huntington National Bank6 approvals	—
8	Virginia	6	$147,500	Farmers & Merchants Bank1 approvals	—
9	Kansas	5	$185,000	Farmers Bank AND Trust5 approvals	—
10	Nebraska	5	$180,000	First State Bank Nebraska2 approvals	—
11	New York	5	$100,000	Arrow Bank, National Association1 approvals	—
12	Georgia	5	$150,000	Pineland Bank1 approvals	—
13	North Dakota	4	$812,500	RED River State Bank2 approvals	—
14	Pennsylvania	4	$88,050	Manufacturers AND Traders Trust Company2 approvals	1
15	Colorado	4	$62,500	Heritage Bank, INC.1 approvals	—
16	Missouri	4	$198,000	THE Central Trust Bank2 approvals	—
17	New Jersey	4	$50,500	Readycap Lending, LLC1 approvals	—
18	Wyoming	3	$12,200	Platte Valley Bank3 approvals	—
19	Hawaii	3	$30,000	Central Pacific Bank2 approvals	—
20	Maryland	3	$30,000	Readycap Lending, LLC1 approvals	1
21	North Carolina	3	$2,259,400	THE First Bank AND Trust Company2 approvals	—
22	New Hampshire	3	$120,000	TD Bank, National Association2 approvals	—
23	Oklahoma	3	$552,500	Bancfirst3 approvals	—
24	Utah	3	$150,000	Canyon View Federal Credit Union1 approvals	—
25	Massachusetts	2	$250,000	Readycap Lending, LLC1 approvals	—

SBA loans for Nursery and Tree Production by state

Similar industries

Broilers and Other Meat Type

NAICS 112 · 371 approvals

Support Activities for Animal Production

NAICS 115 · 121 approvals

Logging

NAICS 113 · 79 approvals

Other Marine Fishing

NAICS 114 · 40 approvals

Frequently asked questions about SBA loans for Nursery and Tree Production

Who are the top SBA lenders for Nursery and Tree Production?▾

Based on historical SBA 7(a) data, the most active lenders for Nursery and Tree Production (NAICS 111) include Newtek Bank, National Association, Wells Fargo Bank, National Association, THE Huntington National Bank, and 17 more. Newtek Bank, National Association leads with 45 approved loans.

What is the typical SBA loan size for Nursery and Tree Production?▾

The median SBA 7(a) loan amount for Nursery and Tree Production businesses is $150,000, based on 165 total approved loans in the dataset.

Which states have the most SBA lending activity for Nursery and Tree Production?▾

California leads with 14 SBA 7(a) approvals for Nursery and Tree Production, followed by Minnesota (13) and Texas (10).

How do I find the best SBA lender for my nursery and tree production business?▾

Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 111. You can also use the MyLenderPilot Lender Fit Quiz to get a personalized ranking based on your state, loan size, and years in business.

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