What is the SBA loan default rate for Fish and Seafood Markets?

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. The rate is measured on the resolved loans (paid in full or charged off), loans that have reached a final outcome. 147 lenders actively fund this industry.

Which SBA program is best for Fish and Seafood Markets?

The SBA 7(a) program is the most commonly used for Fish and Seafood Markets businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 445220Retail Trade

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

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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. The capital source prices this risk into rate and structure.

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

$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 to 21 matured cohort): 22.4%

Where Are Fish and Seafood Markets SBA Loans Most Common?

129 loans

$17.4M

61 loans

$8.4M

47 loans

$6.1M

38 loans

$8.8M

32 loans

$2.7M

SBA Lending Activity in Fish and Seafood Markets

147 SBA lenders have funded 577 loans to fish and seafood markets businesses (NAICS 445220). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.

Loans funded

577

Active lenders

147

Total volume

$89.4M

Avg loan size

$155K

Browse all SBA lenders

Fish and Seafood Markets Industry Context

U.S. Establishments

1,983

U.S. Census Bureau · 2022

SBA Penetration

29.10%

SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for fish and seafood markets businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Fish and Seafood Markets business.

Tell us your loan amount and use of funds. PeerSense sources capital. The capital source sets the terms.

SBA 7(a) / 504: PeerSense will reach out. No obligation.

How big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

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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.

Talk to PeerSense about a fish and seafood markets file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

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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. Talk to PeerSense. The capital source sets the terms for a fish and seafood markets file.

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. Talk to PeerSense about a fish and seafood markets file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

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Data aggregated from SBA loan records (1992 to 2025). Fish and Seafood Markets defined by NAICS code 445220. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.