Best SBA 7(a) lenders for shellfish fishing
NAICS 114112 — Shellfish Fishing.
59 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $15.7M.
Loans
59
Total $
$15.7M
Avg loan
$267K
Avg rate
6.97%
Avg term
100 mo
Industry chg-off rate
0.00%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Franklin Savings Bank | 14 | $2.4M | $169K | 5.10% | 0.00% |
| 2 | Webster Bank National Association | 5 | $5.4M | $1.1M | 6.08% | 0.00% |
| 3 | TD Bank, National Association | 5 | $612K | $122K | 8.91% | 0.00% |
| 4 | Maine Community Bank | 4 | $901K | $225K | 7.64% | — |
| 5 | Seaboard FCU | 4 | $96K | $24K | 9.06% | 0.00% |
| 6 | California FarmLink | 3 | $533K | $178K | 7.17% | 0.00% |
| 7 | Bar Harbor Bank & Trust | 3 | $533K | $178K | 8.53% | — |
| 8 | Bank of the Pacific | 3 | $530K | $177K | 6.00% | 0.00% |
| 9 | Harborstone CU | 3 | $1.2M | $385K | 9.25% | 0.00% |
| 10 | Newtek Small Business Finance, Inc. | 3 | $1.6M | $522K | 6.00% | 0.00% |
| 11 | Manufacturers and Traders Trust Company | 2 | $254K | $127K | 10.38% | — |
| 12 | Banner Bank | 2 | $126K | $63K | 9.13% | 0.00% |
| 13 | 1st Security Bank of Washington | 1 | $25K | $25K | 7.25% | 0.00% |
| 14 | Columbia Bank | 1 | $7K | $7K | 5.75% | 0.00% |
| 15 | Camden National Bank | 1 | $292K | $292K | 4.52% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 114112. Charge-off rates are calculated on the FY2020–FY2023 cohort only.