How much do SBA lenders typically lend to a seafood product preparation and packaging business?

The median SBA approval in NAICS 311710 is $305,000, with the middle 80% of loans between $50,000 and $2,847,700. Across all industries the median is $180,000.

Which lenders are most active in seafood product preparation and packaging?

By dollars approved: Byline Bank, New England Certified Development Corporation, Northrim Bank, Small Business Growth Corporation, U.S. 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.

Is seafood product preparation and packaging considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.0% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 311710 · Manufacturing

SBA loans for seafood product preparation and packaging

117 SBA loans worth $110.3M have been approved in this industry since FY2010 - the #657 most-financed NAICS code in the country.

Median loan

$305,000

+69% vs all industries

Typical range

$50K-$2.8M

Middle 80%

Median rate

7.25%

7(a) initial note rate

Median term

10 yr

Charge-off rate

5.0%

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
Byline Bank	3	$7.7M
New England Certified Development Corporation	4	$6.5M
Northrim Bank	5	$6.0M
Small Business Growth Corporation	2	$5.3M
U.S. Bank	3	$5.1M
Bank of Ann Arbor	5	$5.0M
Beacon Business Bank	1	$5.0M
US Eagle FCU	1	$4.9M
Business Finance Capital	2	$4.9M
Granite State Economic Development Corporation	3	$4.3M

Geography

Where these loans were made

State	Loans	Share
Massachusetts	16
California	14
New York	11
Alaska	10
Washington	9
Florida	7
Rhode Island	7
Maine	5

Approvals by fiscal year

’10

’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
10%
$50K - $150K
14%
$150K - $350K
26%
$350K - $1M
19%
$1M - $2M
14%
Over $2M
17%

Nearby

Other manufacturing industries

See the sector

Breweries4,377 · $265,000 Retail Bakeries2,557 · $150,000 Commercial Bakeries1,411 · $150,000 Wineries1,122 · $210,000 All Other Miscellaneous Food Manufacturing1,008 · $300,000 Coffee and Tea Manufacturing804 · $127,750 Apparel Accessories and Other Apparel Manufacturing782 · $200,000 Distilleries769 · $250,000

Common questions

How much do SBA lenders typically lend to a seafood product preparation and packaging business?: The median SBA approval in NAICS 311710 is $305,000, with the middle 80% of loans between $50,000 and $2,847,700. Across all industries the median is $180,000.
Which lenders are most active in seafood product preparation and packaging?: By dollars approved: Byline Bank, New England Certified Development Corporation, Northrim Bank, Small Business Growth Corporation, U.S. 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.
Is seafood product preparation and packaging considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.0% 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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