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NAICS 11191011

SBA Loans for Tobacco Farming

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

Find lenders funding tobacco farming
Total loans
17
all programs
Approved $
$7.3M
last 5 years
Avg loan
$429K
median $145K
Most active lender
First Community Bank
5 loans
Jobs supported
312K
cumulative

Loan size distribution

SBA 7(a) · LAST 12 MONTHS
23.5%
29.4%
29.4%
5.9%
11.8%
<$50K
$50–100K
$100–250K
$500K–1M
$2M+
Most common range
$100K – $250K
34% of loans
Median
$145,000
90th percentile
$612,000
TOBACCO FARMING-FRIENDLY LENDERS

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

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

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Top lenders for tobacco farming

First Community Bank
5
Truist Bank
3
Bank of America, National Association
2
Enterprise Bank of South Carolina
2
Capital Bank, National Association
1
City National Bank
1

Top states for tobacco farming loans

NC
9
VA
4
SC
2
CA
1
GA
1
Loan records · Tobacco Farming
17 records
Sort:
Jeremy Breland
Ruffin, SC · 29475
$2,925,000
7(a)
Enterprise Bank of South Carolina$418K/job · 2018-02-14
Cameron Breland
Ruffin, SC · 29475
$2,460,000
7(a)
Enterprise Bank of South Carolina$410K/job · 2019-02-22
H. G. Fields and Son, Inc.
Walstonburg, NC · 27888
$750,000
7(a)
Capital Bank, National Association$16K/job · 2021-11-03
Chad D. Bullington
Pinnacle, NC · 27043
$225,000
7(a)
First Community Bank2010-12-15
Phillip Brandon Kirkland
Broxton, GA · 31519
$209,000
7(a)
Douglas National Bank$19K/job · 2017-05-25
James Michael Hope
Clinton, NC · 28328
$125,000
7(a)
Independence Bank$31K/job · 2018-09-06
Chad D. Bullington
Pinnacle, NC · 27043
$100,000
7(a)
First Community Bank$17K/job · 2012-12-20
Chad D. Bullington
Pinnacle, NC · 27043
$100,000
7(a)
First Community Bank$17K/job · 2012-02-15
THE BOARD ROOM
Sunset Beach, CA · 90742
$95,000
7(a)
City National Bank1996-07-24
Chad D. Bullington
Pinnacle, NC · 27043
$70,000
7(a)
First Community Bank$12K/job · 2013-02-12
CHARLIE ANDREW CHILTON III
Reidsville, NC · 27320
$50,000
7(a)
Truist Bank2012-07-27
S OWEN HOWERTON
Scottsburg, VA · 24592
$50,000
7(a)
Bank of America, National Association1998-06-24
S. OWEN HOWERTON
South Boston, VA · 24592
$50,000
7(a)
Bank of America, National Association1997-05-12
Chad D. Bullington
Pinnacle, NC · 27043
$25,600
7(a)
First Community Bank$4K/job · 2011-12-12
JOHN C HARRIS JR and SUSAN H HARRIS
Evergreen, VA · 23939
$25,300
7(a)
Truist Bank$25K/job · 2011-03-07
BRANDON H TURLINGTON
Coats, NC · 27521
$25,000
7(a)
Truist Bank$25K/job · 2010-08-19
CODY DELLENBACK
Ararat, VA · 24053
$5,000
7(a)
Wells Fargo Bank National Association$2K/job · 2015-03-22
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