How much do SBA lenders typically lend to a finfish fishing business?

The median SBA approval in NAICS 114111 is $102,800, with the middle 80% of loans between $15,000 and $420,000. Across all industries the median is $180,000.

Which lenders are most active in finfish fishing?

By dollars approved: Banner Bank, Alaska Growth Capital BIDCO, Inc., Newtek Small Business Finance, Inc., Ameritrust CDC, KeyBank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is finfish fishing considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.8% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 114111 · Agriculture

SBA loans for finfish fishing

175 SBA loans worth $34.0M have been approved in this industry since FY2010 - the #573 most-financed NAICS code in the country.

Median loan

$102,800

-43% vs all industries

Typical range

$15K-$420K

Middle 80%

Median rate

6.75%

7(a) initial note rate

Median term

10 yr

Charge-off rate

4.8%

vs 7.6% all industries

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
Banner Bank	11	$2.6M
Alaska Growth Capital BIDCO, Inc.	2	$2.4M
Newtek Small Business Finance, Inc.	4	$2.0M
Ameritrust CDC	5	$2.0M
KeyBank	4	$1.8M
Mountain Pacific Bank	2	$1.7M
Live Oak Banking Company	2	$1.5M
Wells Fargo Bank	21	$1.4M
Marion & Polk Schools CU	5	$1.2M
U.S. Bank	5	$1.0M

Geography

Where these loans were made

State	Loans	Share
Alaska	29
Washington	27
California	20
Massachusetts	13
Oregon	13
Florida	11
Rhode Island	8
Hawaii	7

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
34%
$50K - $150K
25%
$150K - $350K
25%
$350K - $1M
13%
$1M - $2M
2%
Over $2M
1%

Nearby

Other agriculture industries

See the sector

Broilers and Other Meat Type Chicken Production4,094 · $677,000 Logging1,090 · $88,000 Support Activities for Animal Production803 · $189,000 Chicken Egg Production727 · $473,000 Beef Cattle Ranching and Farming629 · $75,300 Other Poultry Production483 · $350,000 Nursery and Tree Production452 · $260,500 Soil Preparation, Planting, and Cultivating451 · $171,600

Common questions

How much do SBA lenders typically lend to a finfish fishing business?: The median SBA approval in NAICS 114111 is $102,800, with the middle 80% of loans between $15,000 and $420,000. Across all industries the median is $180,000.
Which lenders are most active in finfish fishing?: By dollars approved: Banner Bank, Alaska Growth Capital BIDCO, Inc., Newtek Small Business Finance, Inc., Ameritrust CDC, KeyBank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is finfish fishing considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.8% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

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