NAICS 112512 · Agriculture
SBA loans for shellfish farming
49 SBA loans worth $7.2M have been approved in this industry since FY2010 - the #862 most-financed NAICS code in the country.
Median loan
$50,000
-72% vs all industries
Typical range
$15K-$274K
Middle 80%
Median rate
7.63%
7(a) initial note rate
Median term
7 yr
Charge-off rate
-
Cohort too small
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Most active in this industry
| Lender | Loans | Approved | Share |
|---|---|---|---|
| American First National Bank | 1 | $1.3M | |
| Florida First Capital Finance Corporation, Inc. | 2 | $1.0M | |
| Bangor Savings Bank | 5 | $1.0M | |
| Northrim Bank | 1 | $1.0M | |
| Pinnacle Bank | 2 | $597K | |
| Eastern Maine Development Corporation | 1 | $274K | |
| Manufacturers and Traders Trust Company | 4 | $255K | |
| Camden National Bank | 4 | $235K | |
| The Community Bank | 1 | $165K | |
| Dime Commercial Bank | 1 | $140K |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Maine | 10 | |
| New Jersey | 5 | |
| Rhode Island | 4 | |
| Massachusetts | 4 | |
| North Carolina | 4 | |
| Florida | 3 | |
| Washington | 3 | |
| New Hampshire | 2 |
Approvals by fiscal year
’10
’12
’13
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K27%
- $50K - $150K49%
- $150K - $350K16%
- $350K - $1M4%
- $1M - $2M4%
Nearby
Other agriculture industries
Broilers and Other Meat Type Chicken Production4,094 · $677,000Logging1,090 · $88,000Support Activities for Animal Production803 · $189,000Chicken Egg Production727 · $473,000Beef Cattle Ranching and Farming629 · $75,300Other Poultry Production483 · $350,000Nursery and Tree Production452 · $260,500Soil Preparation, Planting, and Cultivating451 · $171,600
Common questions
- How much do SBA lenders typically lend to a shellfish farming business?
- The median SBA approval in NAICS 112512 is $50,000, with the middle 80% of loans between $15,000 and $274,000. Across all industries the median is $180,000.
- Which lenders are most active in shellfish farming?
- By dollars approved: American First National Bank, Florida First Capital Finance Corporation, Inc., Bangor Savings Bank, Northrim Bank, Pinnacle Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
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