Farm Loan Program
IBank’s Small Business Finance Center features a Farm Loan Program that is designed to support direct loans to small farms in California through participating Corporations that are also approved lenders of the U.S. Department of Agriculture, Farm Services Agency (FSA) that guarantees up to 90% of those loans.
Historically, three FDCs have requested and were approved to use the Farm Loan Program.
7
Total number of new Farm Loans in FY 18-19
$1,373,745
Total dollars loaned through the farm Loan program to California farms in FY 18-19
0
Number of defaults on Farm Loan financing
View our Small Business Profiles
IBank’s Small Business Finance Center supports communities throughout California by providing loan guarantees, Jump Start loans, disaster relief financing and more. Small businesses provide jobs in every region of the state and are a vital contributor to the economy. Check out some of the businesses that have used SBFC programs.
View our Small Business Profiles
IBank’s Small Business Finance Center supports communities throughout California by providing loan guarantees, Jump Start loans, disaster relief financing and more. Small businesses provide jobs in every region of the state and are a vital contributor to the economy. Check out some of the businesses that have used SBFC programs.
Frequently Asked Questions
Farm Loans
Q: What are some types of farming that have received Farm Loan financing?
A: Farm Loan financing has been used on farms for cattle, hay, berries, nuts, vegetables, dairy and more.
Q: What is the gender breakdown of Farm Loan recipients?
A: In fiscal year 2018-2019, Farm Loan applicants were 56.5% men and 43.5% went to farms co-owned equally between women and men.
Q: How many jobs have been created or retained by Farm Loans?
A: Farm loans helped create or retain more than 100 jobs in California in the fiscal year 18-19.
Q: What ethnicities have been represented by the Farm Loan recipients?
A: Farm loan recipients have been Caucasian, Hispanic, Asian Indian and more.
Contact the IBank Small Business Finance Center
E-mail us, HERE
Office: 1325 J Street, Suite 1300, Sacramento, CA 95814
Mailing: P.O. Box 2830, Sacramento, CA 95812-2830
Contact the IBank Small Business Finance Center
SBFC Program Manager: Megan Hodapp
Office: 1325 J Street, Suite 1300, Sacramento, CA 95814
Mailing: P.O. Box 2830, Sacramento, CA 95812-2830
E-mail: SBFC@IBank.ca.gov
