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NAICS 114112Agriculture, Forestry & FishingLending Growing

How Much Can Shellfish Fishing Businesses Get in SBA Loans?

802 SBA loans totaling $305.0M have been approved for shellfish fishing businesses (NAICS 114112). The average approved SBA loan is $380K, which is 12% above avg the $340K national average. 120 active lenders fund this industry with a 36.2% historical default rate.

Quick Answer

NAICS 114112 (Shellfish Fishing) received 802 SBA loans worth $305.0M across 5+ states. Average loan $380K, average term 116 months, default rate 36.2%.120 active SBA-approved lenders fund this industry. Most shellfish fishing loans use the SBA 7(a) program. There are approximately 969 U.S. establishments in this industry (Census 2022).

802
Total SBA Loans
$305.0M
Total Volume
$380K
Avg Loan Size
12% above avg
120
Active Lenders
116 mo
Avg Term
11% below avg
1,284
Jobs Supported

Is SBA Lending Growing for Shellfish Fishing?+300% growth

18
14
5
7
13
13
8
3
10
12
16
17
18
19
20
21
22
23
24
25
$1.8M
$3.3M
$648K
$985K
$5.9M
$2.7M
$2.1M
$357K
$2.9M
$2.2M

Which SBA Program Do Shellfish Fishing Businesses Use Most?

SBA 7(a)786 (98%)
SBA 50416 (2%)

What Is the Best SBA Loan for Shellfish Fishing?

SBA 7(a)

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

Industry avg loan: $380K
Typical term: 116 months
Historical avg rate: 6.45%
120+ lenders active in this industry
Historical default rate: 36.2%

Where Are Shellfish Fishing SBA Loans Most Common?

#1
LA
195 loans
$88.0M
#2
MS
173 loans
$104.4M
#3
ME
106 loans
$10.9M
#4
TX
89 loans
$47.6M
#5
MA
68 loans
$14.4M

Top SBA Lenders for Shellfish Fishing

These banks have funded the most SBA loans for shellfish fishing businesses (NAICS 114112). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Business Loan Center, LLC(SC)160$108.7M
2Small Business Loan Source, LLC(TX)44$28.6M
3Gulf Coast Bank(LA)41$6.2M
4Zions Bank, A Division of(UT)38$16.4M
5JPMorgan Chase Bank, National Association(OH)28$7.6M

Shellfish Fishing Industry Context

U.S. Establishments
969
U.S. Census Bureau · 2022
U.S. Employment
600,000
BLS · 2026
SBA Penetration
82.77%
SBA loans per establishment

Ready to Fund Your Shellfish Fishing Business?

PeerSense places SBA loans for shellfish fishing 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

How Does SBA Lending Work for Shellfish Fishing Businesses?

Across all SBA loan programs, 802 loans have been approved for businesses classified under NAICS 114112 (Shellfish Fishing), representing $305.0M in total capital deployed. The average approved loan of $380K is 12% above avg the national SBA average of $340K, with typical repayment terms of 116 months.

SBA lending for shellfish fishing is accelerating — loan volume has grown approximately 300% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2016.

The overwhelming majority of SBA lending for shellfish fishing 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 shellfish fishing 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 — Shellfish Fishing SBA Loans

What is the average SBA loan size for shellfish fishing businesses?
Based on 802 approved SBA loans, the average loan size for shellfish fishing (NAICS 114112) is $380K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a shellfish fishing business?
SBA 7(a) is the most commonly used SBA program for shellfish fishing businesses. The most widely used SBA program for shellfish fishing 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 fishing?
120 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 fishing sector.
What states have the most SBA lending for shellfish fishing?
LA leads with 195 SBA loans and $88.0M in total volume for shellfish fishing businesses. MS, ME, TX also show strong lending activity in this sector.
How does PeerSense help shellfish fishing 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 fishing 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 Fishing defined by NAICS code 114112. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.