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NAICS 112512Agriculture, Forestry & FishingLending Growing

How Much Can Shellfish Farming Businesses Get in SBA Loans?

59 SBA loans totaling $8.2M have been approved for shellfish farming businesses (NAICS 112512). The average approved SBA loan is $138K, which is 59% below avg the $340K national average. 37 active lenders fund this industry.

Quick Answer

NAICS 112512 (Shellfish Farming) received 59 SBA loans worth $8.2M across 5+ states. Average loan $138K, average term 106 months.37 active SBA-approved lenders fund this industry. Most shellfish farming loans use the SBA 7(a) program. There are approximately 23,332 U.S. establishments in this industry (Census 2022).

59
Total SBA Loans
$8.2M
Total Volume
$138K
Avg Loan Size
59% below avg
37
Active Lenders
106 mo
Avg Term
18% below avg
238
Jobs Supported

Is SBA Lending Growing for Shellfish Farming?+800% growth

8
3
4
4
2
1
5
1
1
9
16
17
18
19
20
21
22
23
24
25
$1.0M
$160K
$519K
$790K
$1.0M
$5K
$930K
$11K
$23K
$731K

Which SBA Program Do Shellfish Farming Businesses Use Most?

SBA 7(a)55 (93%)
SBA 5044 (7%)

What Is the Best SBA Loan for Shellfish Farming?

SBA 7(a)

The most widely used SBA program for shellfish farming businesses — flexible terms, multiple use cases

Industry avg loan: $138K
Typical term: 106 months
Historical avg rate: 7.92%
37+ lenders active in this industry

Where Are Shellfish Farming SBA Loans Most Common?

#1
ME
10 loans
$1.3M
#2
RI
6 loans
$171K
#3
MA
5 loans
$235K
#4
NJ
5 loans
$301K
#5
NC
4 loans
$208K

Top SBA Lenders for Shellfish Farming

These banks have funded the most SBA loans for shellfish farming businesses (NAICS 112512). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Bangor Savings Bank(ME)4$766K
2Manufacturers and Traders Trust Company(NY)4$255K
3Camden National Bank(ME)4$235K
4TD Bank, National Association(DE)3$111K
5Eastern Bank(MA)3$135K

Shellfish Farming Industry Context

U.S. Establishments
23,332
U.S. Census Bureau · 2022
SBA Penetration
0.25%
SBA loans per establishment

Ready to Fund Your Shellfish Farming Business?

PeerSense places SBA loans for shellfish farming 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 Shellfish Farming 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 Shellfish Farming Businesses?

Across all SBA loan programs, 59 loans have been approved for businesses classified under NAICS 112512 (Shellfish Farming), representing $8.2M in total capital deployed. The average approved loan of $138K is 59% below avg the national SBA average of $340K, with typical repayment terms of 106 months.

SBA lending for shellfish farming is accelerating — loan volume has grown approximately 800% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.

The industry sees a balanced mix of SBA programs, with 7% 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 shellfish farming 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 100+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.

Frequently Asked Questions — Shellfish Farming SBA Loans

What is the average SBA loan size for shellfish farming businesses?
Based on 59 approved SBA loans, the average loan size for shellfish farming (NAICS 112512) is $138K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a shellfish farming business?
SBA 7(a) is the most commonly used SBA program for shellfish farming businesses. The most widely used SBA program for shellfish farming businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for shellfish farming?
37 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 shellfish farming sector.
What states have the most SBA lending for shellfish farming?
ME leads with 10 SBA loans and $1.3M in total volume for shellfish farming businesses. RI, MA, NJ also show strong lending activity in this sector.
How does PeerSense help shellfish farming 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 shellfish farming industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Shellfish Farming defined by NAICS code 112512. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.