Best SBA 7(a) lenders for dairy cattle and milk production
The top SBA 7(a) lenders for dairy cattle and milk production (NAICS 112120) are Hiawatha National Bank, Security Financial Bank, Ultima Bank Minnesota, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 92 loans totaling $34.0M to businesses in this industry. Average loan size: $370K. Average rate: 7.79%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 0.00%.
Loans
92
Total $
$34.0M
Avg loan
$370K
Avg rate
7.79%
Avg term
113 mo
Industry chg-off rate
0.00%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Hiawatha National Bank | 28 | $11.3M | $405K | 7.21% | 0.00% |
| 2 | Security Financial Bank | 7 | $1.2M | $177K | 4.61% | 0.00% |
| 3 | Ultima Bank Minnesota | 7 | $1.8M | $254K | 5.41% | 0.00% |
| 4 | BayFirst National Bank | 5 | $720K | $144K | 10.70% | 0.00% |
| 5 | Stearns Bank National Association | 4 | $115K | $29K | 10.56% | 0.00% |
| 6 | The Huntington National Bank | 4 | $186K | $47K | 10.15% | 0.00% |
| 7 | Readycap Lending, LLC | 3 | $450K | $150K | 13.08% | — |
| 8 | Manufacturers and Traders Trust Company | 3 | $194K | $65K | 9.08% | 0.00% |
| 9 | Newtek Small Business Finance, Inc. | 2 | $550K | $275K | 9.38% | 0.00% |
| 10 | Midwest Bank | 2 | $3.1M | $1.5M | 3.95% | 0.00% |
| 11 | Five Star Bank | 2 | $25K | $13K | 9.38% | — |
| 12 | Columbia Bank | 2 | $75K | $38K | 9.75% | 0.00% |
| 13 | Lendistry SBLC, LLC | 2 | $730K | $365K | 11.50% | — |
| 14 | Legence Bank | 2 | $1.7M | $849K | 4.63% | 0.00% |
| 15 | The Union Bank | 2 | $485K | $243K | 6.25% | 0.00% |
Get matched with SBA lenders — free
Tell us a bit about your funding need. We'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 112120. Charge-off rates are calculated on the FY2020–FY2023 cohort only.