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NAICS 11111011

SBA Loans for Soybean Farming

Soybean Farming are one of the most-funded SBA 7(a) industries. Explore which lenders are actually approving soybean farming loans, what loan sizes they fund, and where activity is concentrated.

Find lenders funding soybean farming
Total loans
123
all programs
Approved $
$61.6M
last 5 years
Avg loan
$501K
median $145K
Most active lender
Red River State Bank
15 loans
Jobs supported
312K
cumulative

Loan size distribution

SBA 7(a) · LAST 12 MONTHS
19.5%
17.9%
20.3%
17.1%
11.4%
9.8%
4.1%
<$50K
$50–100K
$100–250K
$250–500K
$500K–1M
$1–2M
$2M+
Most common range
$100K – $250K
34% of loans
Median
$145,000
90th percentile
$612,000
SOYBEAN FARMING-FRIENDLY LENDERS

The 5 lenders that approved 41% of soybean farming SBA loans last year.

Submit your soybean farming profile and we'll prioritize lenders that have already funded similar concept, size, and geography.

Get matched
~ 2 MIN · NO COMMITMENT

Top lenders for soybean farming

Red River State Bank
15
First Merchants Bank
9
Community Bank of Mississippi
7
Covington County Bank
7
First State Bank
6
BankPlus
5

Top states for soybean farming loans

MS
22
MN
20
IA
12
CA
8
VA
8
NY
7
Loan records · Soybean Farming
123 records
Sort:
Montague Farms, Inc.
Center Cross, VA · 22437
$5,000,000
7(a)
The First Bank and Trust Company$208K/job · 2016-09-28
Montague Farms, Inc.
Center Cross, VA · 22437
$5,000,000
7(a)
The First Bank and Trust Company$278K/job · 2019-08-14
Montague Farms, Inc.
Center Cross, VA · 22437
$5,000,000
7(a)
The First Bank and Trust Company$357K/job · 2018-09-10
J. C. BEAN SPROUT INC
King George, VA · 22485
$5,000,000
7(a)
Truist Bank$208K/job · 2019-12-12
CARMICHAEL FARMS, LL
Maxton, NC · 28364
$3,704,000
7(a)
Blue Ridge Bank National Association$97K/job · 2020-01-24
Michael G. Holte
Halstad, MN · 56548
$1,930,000
7(a)
Red River State Bank$193K/job · 2021-03-26
THE SEED COMPANY, INC.
Lynnville, IA · 50153
$1,650,000
7(a)
First State Bank$183K/job · 2008-07-08
THE SEED COMPANY, INC.
Lynnville, IA · 50153
$1,500,000
7(a)
First State Bank$167K/job · 2007-06-18
THE SEED COMPANY INC
Lynnville, IA · 50153
$1,500,000
7(a)
First State Bank$136K/job · 2006-06-14
Robert Henry Johnson
Clearbrook, MN · 56634
$1,400,000
7(a)
Red River State Bank$233K/job · 2021-02-08
Eshan and Abyan Inc.
Gold River, CA · 95670
$1,395,000
7(a)
Enterprise Bank & Trust$698K/job · 2019-06-19
MARK SEED COMPANY
Perry, IA · 50220
$1,250,000
7(a)
Readycap Lending, LLC$36K/job · 2010-08-12
JGS FARMS
Itta Bena, MS · 38941
$1,200,000
7(a)
BankPlus$1.2M/job · 2010-01-15
Elevo OC 1 LLC
Burlington, WY · 82411
$1,117,000
7(a)
Fund-Ex Solutions Group, LLC$279K/job · 2023-03-29
Wade W. Wiese & Rhonda A. Wiese
New Hartford, IA · 50660
$1,075,000
7(a)
Peoples Savings Bank$269K/job · 2011-12-12
EUTECTIC RESOURCES, INC
Brazil, IN · 47834
$1,050,000
7(a)
First Federal Savings Bank$46K/job · 2008-04-14
THE SEED COMPANY, INC.
Lynnville, IA · 50153
$1,000,000
7(a)
First State Bank2005-06-06
Jantz Dale Feland
Antler, ND · 58711
$950,000
7(a)
Red River State Bank$950K/job · 2021-02-10
Kelci Feland
Antler, ND · 58711
$950,000
7(a)
Red River State Bank$950K/job · 2021-02-10
Califresh of California, LLC
Sanger, CA · 93657
$843,400
7(a)
BMO Bank National Association$42K/job · 2013-09-23
DAKOTA FARMS INTERNATIONAL
Carpenter, SD · 57322
$750,000
7(a)
Dacotah Bank2005-05-04
MASCOT PLANTING COMPANY
Clarksdale, MS · 38614
$746,500
7(a)
BankPlus$75K/job · 2010-04-09
Michael G. Holte
Halstad, MN · 56548
$670,000
7(a)
Red River State Bank$168K/job · 2020-06-16
OLSEN CUSTOM FARMS, LLC
Hendricks, MN · 56136
$657,050
7(a)
Citizens Alliance Bank2004-04-15
ADG BROTHERS LLC
Las Vegas, NV · 89102
$601,600
7(a)
Meadows Bank$602K/job · 2013-09-26
1–25 of 123
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