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NAICS 445220Retail Trade

How Much Can Fish and Seafood Markets Businesses Get in SBA Loans?

577 SBA loans totaling $89.4M have been approved for fish and seafood markets businesses (NAICS 445220). The average approved SBA loan is $155K, which is 54% below avg the $340K national average. 147 active lenders fund this industry with a 22.4% default rate on the matured 2018-2021 loan cohort.

Elevated default risk22.4% vs 15.4% all-industry avg

At 22.4%, Fish and Seafood Markets sits well above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — elevated default risk relative to other SBA industries. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.

Quick Answer

NAICS 445220 (Fish and Seafood Markets) received 577 SBA loans worth $89.4M across 5+ states. Average loan $155K, average term 100 months, 22.4% default rate (resolved-loan basis).147 active SBA-approved lenders fund this industry. Most fish and seafood markets loans use the SBA 7(a) program. There are approximately 1,983 U.S. establishments in this industry (Census 2022).

577
Total SBA Loans
$89.4M
Total Volume
$155K
Avg Loan Size
54% below avg
147
Active Lenders
100 mo
Avg Term
23% below avg
3,871
Jobs Supported

Is SBA Lending Growing for Fish and Seafood Markets?-70% decline

17
21
20
22
12
17
10
3
3
16
17
18
19
20
21
22
23
24
$2.9M
$4.1M
$6.7M
$6.1M
$4.7M
$7.4M
$2.3M
$1.4M
$255K

Which SBA Program Do Fish and Seafood Markets Businesses Use Most?

SBA 7(a)560 (97%)
SBA 50417 (3%)

What Is the Best SBA Loan for Fish and Seafood Markets?

SBA 7(a)

The most widely used SBA program for fish and seafood markets businesses — flexible terms, multiple use cases

Industry avg loan: $155K
Typical term: 100 months
Historical avg rate: 7.04%
147+ lenders active in this industry
Default rate (2018–21 matured cohort): 22.4%

Where Are Fish and Seafood Markets SBA Loans Most Common?

#1
NY
129 loans
$17.4M
#2
CA
61 loans
$8.4M
#3
PA
47 loans
$6.1M
#4
NJ
38 loans
$8.8M
#5
MA
32 loans
$2.7M

Top SBA Lenders for Fish and Seafood Markets

These banks have funded the most SBA loans for fish and seafood markets businesses (NAICS 445220). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Bank of America, National Association(NC)60$2.7M
2Citizens Bank, National Association(RI)50$2.0M
3Bank of Hope(CA)35$3.4M
4JPMorgan Chase Bank, National Association(OH)30$5.3M
5TD Bank, National Association(DE)25$2.0M

Fish and Seafood Markets Industry Context

U.S. Establishments
1,983
U.S. Census Bureau · 2022
SBA Penetration
29.10%
SBA loans per establishment

Ready to Fund Your Fish and Seafood Markets Business?

PeerSense places SBA loans for fish and seafood markets businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Financing a Fish and Seafood Markets business? Get matched to an SBA lender.

Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.

SBA 7(a) / 504 — Response within 4 business hours. No obligation.

No retainers · Referral fee at closing · Or call (317) 452-6990

How Does SBA Lending Work for Fish and Seafood Markets Businesses?

Across all SBA loan programs, 577 loans have been approved for businesses classified under NAICS 445220 (Fish and Seafood Markets), representing $89.4M in total capital deployed. The average approved loan of $155K is 54% below avg the national SBA average of $340K, with typical repayment terms of 100 months.

SBA lending for fish and seafood markets has contracted approximately 70% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 147 lenders remain active, maintaining competitive options for qualified borrowers.

The overwhelming majority of SBA lending for fish and seafood markets uses the 7(a) program, which provides the most flexibility — covering working capital, equipment purchases, partner buyouts, debt refinancing, and business acquisitions up to $5M with terms up to 25 years.

PeerSense specializes in matching fish and seafood markets business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.

Frequently Asked Questions — Fish and Seafood Markets SBA Loans

What is the average SBA loan size for fish and seafood markets businesses?
Based on 577 approved SBA loans, the average loan size for fish and seafood markets (NAICS 445220) is $155K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a fish and seafood markets business?
SBA 7(a) is the most commonly used SBA program for fish and seafood markets businesses. The most widely used SBA program for fish and seafood markets businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for fish and seafood markets?
147 different SBA-approved lenders have funded loans in this industry. Not all lenders are equally active in every industry — PeerSense matches your deal with lenders who have experience and appetite in the fish and seafood markets sector.
What states have the most SBA lending for fish and seafood markets?
NY leads with 129 SBA loans and $17.4M in total volume for fish and seafood markets businesses. CA, PA, NJ also show strong lending activity in this sector.
How does PeerSense help fish and seafood markets businesses get SBA loans?
PeerSense is a capital advisory firm — not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the fish and seafood markets industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Fish and Seafood Markets defined by NAICS code 445220. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.