SBA Loans for Logging: Top Lenders & Recent Approvals

NAICS 113

NAICS 113 covers logging businesses. Based on historical SBA 7(a) lending data.

Total Approvals

79

for Logging

Median Loan Size

$87,200

per approval

Recent Activity

4

last 90 days through Nov 2025

NAICS 113 covers logging businesses. This is a smaller category in SBA 7(a) lending with 79 approvals on record and a median loan size of $87,200.

Key trends & insights

  • SBA lending to logging businesses grew 30% year-over-year — from 20 to 26 approvals.
  • Total SBA dollars flowing into this industry increased by 53% year-over-year, reaching $9,819,500 in the trailing 12 months.
  • Banner Bank leads this industry with 11 approvals (17% market share) and a median loan of $50,000.
  • Loan sizes vary dramatically by location — the median in Arkansas ($500,000) is 14.3x higher than Idaho ($35,000).
  • Logging loans skew smaller than the SBA average at $87,200 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.

Lending trends for Logging

30%loan volume YoY
53%dollar volume YoY
Total loaned ($)
Median loan size
Dec '22Mar '23Jun '23Dec '23Apr '24Oct '24Feb '25May '25

Top lenders by historical volume

#LenderApprovalsMedian Size
111$50,000
28$87,200
38$25,000
44$165,000
54$52,600
63$40,200
73$500,000
83$76,000
93$197,000
102$1,530,000
112$1,253,800
122$975,000
132$320,000
142$110,600
152$3,500,000
162$1,700,000
172$635,000
181$50,000
191$2,118,600
201$25,000

Recent SBA 7(a) approvals for Logging

MonthLenderBorrowerAmount
2025-11Newtek Bank, National AssociationRyg*****LLC$1,800,000
2025-081st Security Bank of WashingtonMap*****cts$25,000
2025-08PS BankRob*****LC.$165,000
2025-08Banner BankAnd*****LLC$35,000
2025-05Columbia BankMon*****LLC$50,000
2025-05Katahdin Trust CompanyTJD*****Inc$112,500
2025-04KeyBank National AssociationNic*****ing$76,000
2025-03Readycap Lending, LLCUnd*****LLC$325,000
2025-03Southern Bancorp BankKad*****LLC$975,000
2025-03Columbia BankMee*****LLC$50,000
2025-02Columbia BankBlu*****LLC$50,000
2025-02Columbia BankO K*****LLC$9,900
2025-02Newtek Bank, National AssociationGar*****LLC$130,000
2025-01The BankARC*****ING$114,000
2025-01Banner BankGem*****LLC$50,000
2024-12Commercial Bank & Trust CompanyFro*****LLC$1,530,000
2024-12Newtek Bank, National AssociationWas*****nc.$500,000
2024-10Bank of America, National AssociationNat*****LLC$2,118,600
2024-10Katahdin Trust CompanyTJD*****Inc$165,000
2024-10Katahdin Trust CompanyTJD*****Inc$254,000
2024-10Commercial Bank & Trust CompanyCha*****nc.$496,000
2024-08Southern Bancorp BankCha*****LLC$189,000
2024-05Hiawatha National BankGri*****LLC$15,000
2024-05Hiawatha National BankKod*****ing$312,500
2024-05Hiawatha National BankGri*****LLC$197,000

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

Activity by state

State-by-state breakdown

#StateApprovals
1Idaho11
2Maine8
3Wisconsin6
4Mississippi6
5Oregon5
6Arkansas5
7Georgia5
8Washington5
9Pennsylvania4
10Michigan4
11Minnesota3
12Ohio3
13New York3
14West Virginia2
15Florida2
16South Dakota2
17Tennessee1
18Vermont1
19Nebraska1
20Indiana1
21California1

SBA loans for Logging by state

Similar industries

Frequently asked questions about SBA loans for Logging

Who are the top SBA lenders for Logging?

Based on historical SBA 7(a) data, the most active lenders for Logging (NAICS 113) include Banner Bank, THE Huntington National Bank, Columbia Bank, and 17 more. Banner Bank leads with 11 approved loans.

What is the typical SBA loan size for Logging?

The median SBA 7(a) loan amount for Logging businesses is $87,200, based on 79 total approved loans in the dataset.

Which states have the most SBA lending activity for Logging?

Idaho leads with 11 SBA 7(a) approvals for Logging, followed by Maine (8) and Wisconsin (6).

How do I find the best SBA lender for my logging business?

Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 113. 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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