How Much Can Fish and Seafood Merchant Wholesalers Businesses Get in SBA Loans?
930 SBA loans totaling $419.3M have been approved for fish and seafood merchant wholesalers businesses (NAICS 424460). The average approved SBA loan is $451K, which is 32% above avg the $340K national average. 177 active lenders fund this industry with a 19.1% default rate on the matured 2018-2021 loan cohort.
At 19.1%, Fish and Seafood Merchant Wholesalers sits above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — above average 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.
NAICS 424460 (Fish and Seafood Merchant Wholesalers) received 930 SBA loans worth $419.3M across 5+ states. Average loan $451K, average term 118 months, 19.1% default rate (resolved-loan basis).177 active SBA-approved lenders fund this industry. Most fish and seafood merchant wholesalers loans use the SBA 7(a) program. There are approximately 1,964 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Fish and Seafood Merchant Wholesalers?+33% growth
Which SBA Program Do Fish and Seafood Merchant Wholesalers Businesses Use Most?
What Is the Best SBA Loan for Fish and Seafood Merchant Wholesalers?
The most widely used SBA program for fish and seafood merchant wholesalers businesses — flexible terms, multiple use cases
Where Are Fish and Seafood Merchant Wholesalers SBA Loans Most Common?
Top SBA Lenders for Fish and Seafood Merchant Wholesalers
These banks have funded the most SBA loans for fish and seafood merchant wholesalers businesses (NAICS 424460). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 83 | $6.8M |
| 2 | JPMorgan Chase Bank, National Association(OH) | 68 | $8.1M |
| 3 | TD Bank, National Association(DE) | 47 | $6.2M |
| 4 | Bank of Hope(CA) | 46 | $39.2M |
| 5 | Wells Fargo Bank National Association(SD) | 44 | $13.0M |
Fish and Seafood Merchant Wholesalers Industry Context
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How Does SBA Lending Work for Fish and Seafood Merchant Wholesalers Businesses?
Across all SBA loan programs, 930 loans have been approved for businesses classified under NAICS 424460 (Fish and Seafood Merchant Wholesalers), representing $419.3M in total capital deployed. The average approved loan of $451K is 32% above avg the national SBA average of $340K, with typical repayment terms of 118 months.
SBA lending for fish and seafood merchant wholesalers is accelerating — loan volume has grown approximately 33% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2018.
The industry sees a balanced mix of SBA programs, with 10% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.
PeerSense specializes in matching fish and seafood merchant wholesalers 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 Merchant Wholesalers SBA Loans
What is the average SBA loan size for fish and seafood merchant wholesalers businesses?
Which SBA loan program is best for a fish and seafood merchant wholesalers business?
How many lenders fund SBA loans for fish and seafood merchant wholesalers?
What states have the most SBA lending for fish and seafood merchant wholesalers?
How does PeerSense help fish and seafood merchant wholesalers businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Fish and Seafood Merchant Wholesalers defined by NAICS code 424460. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.