SBA loans for all other grain farming
NAICS 111199 · Program that usually fits: 7(a)
Farms can use SBA loans, but many grain operations also compare USDA Farm Service Agency and Farm Credit loans, which are built around seasonal income. Get quotes from both before you commit.
What borrowers use the money for
- Equipment and grain storage
- Land purchases
- Operating lines through the growing season
Example: a $500,000 loan
At today's maximum variable 7(a) rate of 10.00% over 20 years, the payment would be about $4,825 a month. Most well-qualified borrowers get a lower rate. Try your own numbers.
Today's rate caps
| Loan amount | Maximum spread | Maximum variable rate today |
|---|---|---|
| $50,000 or less | Prime + 6.5 | 13.50% |
| $50,001 to $250,000 | Prime + 6.0 | 13.00% |
| $250,001 to $350,000 | Prime + 4.5 | 11.50% |
| Over $350,000 | Prime + 3.0 | 10.00% |
Questions
Can a grain farm business get an SBA loan?
Yes, if the business is for-profit, meets SBA size standards for NAICS 111199, and can show it can repay. Farms can use SBA loans, but many grain operations also compare USDA Farm Service Agency and Farm Credit loans, which are built around seasonal income.
What is the NAICS code for all other grain farming?
NAICS 111199. Lenders use it to check SBA size standards and eligibility.
Sources: SBA 7(a) terms, conditions and maximum variable rates; Federal Reserve H.15 selected interest rates (bank prime loan rate); October 2026 SBA 504 debenture pricing, as published by CDCs; SBA FOIA 7(a) and 504 loan-level data.