SBA Loans for Seafood Product Preparation and Packaging: Top Lenders & Recent Approvals

NAICS 311

NAICS 311 covers seafood product preparation and packaging businesses. Based on historical SBA 7(a) lending data.

Total Approvals

725

for Seafood Product Preparation and Packaging

Median Loan Size

$195,000

per approval

Recent Activity

last 90 days through Dec 2025

NAICS 311 covers seafood product preparation and packaging businesses. This is a moderately active sector for SBA 7(a) lending with 725 approvals and a median loan size of $195,000.

Key trends & insights

SBA lending to seafood product preparation and packaging businesses grew 44% year-over-year — from 324 to 467 approvals.
Total SBA dollars flowing into this industry increased by 49% year-over-year, reaching $265,739,600 in the trailing 12 months.
THE Huntington National Bank leads this industry with 87 approvals (20% market share) and a median loan of $80,000.
The typical loan size for seafood product preparation and packaging has decreased 10% — average median moving from $264,850 to $237,667.
Loan sizes vary dramatically by location — the median in Iowa ($750,000) is 16.8x higher than Maryland ($44,600).

Lending trends for Seafood Product Preparation and Packaging

↑ 44%loan volume YoY

↑ 49%dollar volume YoY

Total loaned ($)

Median loan size

Top lenders by historical volume

#	Lender	Approvals	Median Size	Recent	Top States
1	THE Huntington National Bank	87	$80,000	4	OH, MI, IL
2	Newtek Bank, National Association	36	$295,000	4	NY, CA, NV
3	TD Bank, National Association	36	$25,000	1	NY, NJ, FL
4	Manufacturers AND Traders Trust Company	33	$65,200	2	NY, MD, MA
5	Northeast Bank	30	$100,000	7	CA, NJ, TX
6	Readycap Lending, LLC	28	$50,000	1	CA, NC, NY
7	U.s. Bank, National Association	23	$50,000	4	CA, UT, NV
8	Celtic Bank, CORP.	21	$150,000	1	CA, TX, OK
9	Jpmorgan Chase Bank, National Association	18	$182,700	1	NY, MI, CA
10	Bayfirst National Bank	18	$150,000	—	FL, TX, GA
11	Banco Popular DE Puerto Rico	14	$116,000	2	PR
12	Wells Fargo Bank, National Association	13	$15,000	1	VA, FL, TX
13	Newtek Small Business Finance, INC.	12	$230,000	—	MI, CA, NJ
14	Meadows Bank	12	$482,000	—	WA, IL, AL
15	Columbia Bank	11	$50,000	—	OR, CA, WA
16	Live OAK Banking Company	10	$970,000	—	CA, NY, DE
17	Keybank, National Association	10	$285,000	1	NY, CO, UT
18	CDC Small Business Finance, CORP.	9	$150,000	1	CA, VA, TX
19	Zions Bank, A Division OF	8	$150,000	1	CO, UT, TX
20	Cadence Bank	8	$460,000	—	TX, FL, AZ

Recent SBA 7(a) approvals for Seafood Product Preparation and Packaging

Month	Lender	Borrower	Location	Amount
2025-12	Banco Popular de Puerto Rico	Mak*****lla	TOA ALTA, PR	$5,000
2025-12	Banco Popular de Puerto Rico	DI *****LLC	MAYAGUEZ, PR	$10,000
2025-12	The Citizens National Bank of Meridian	The*****LLC	MERIDIAN, MS	$47,400
2025-12	Fulton Bank, National Association	All****LLC	HACKETTSTOWN, NJ	$107,000
2025-12	Newtek Bank, National Association	SON*****NC.	AUBURN, WA	$125,000
2025-12	Gesa CU	Kar*****LLC	LAKE OSWEGO, OR	$103,200
2025-12	Zions Bank, A Division of	NBC*****LLC	BILLINGS, MT	$400,000
2025-12	Gesa CU	Bal*****LLC	TACOMA, WA	$250,000
2025-12	U.S. Bank, National Association	EDI*****INC	SAN FRANCISCO, CA	$4,060,000
2025-12	Texas Bank	Tr3*****ery	BROWNWOOD, TX	$172,000
2025-12	CenTrust Bank, A Division of SmartBiz Bank National Associat	AME*****LLC	OZONE PARK, NY	$150,000
2025-12	The Huntington National Bank	POL*****NC.	CHICAGO, IL	$148,500
2025-12	Wilmington Savings Fund Society FSB	TLJ*****LLC	ANNAPOLIS, MD	$100,000
2025-12	West Coast Community Bank	Mel*****LLC	WATSONVILLE, CA	$70,000
2025-12	Banco Popular de Puerto Rico	TG***LLC	CABO ROJO, PR	$228,100
2025-12	Banco Popular de Puerto Rico	TG***LLC	CABO ROJO, PR	$10,000
2025-12	Zions Bank, A Division of	Mig*****LLC	SALT LAKE CITY, UT	$99,900
2025-12	Wilmington Savings Fund Society FSB	Cav*****LLC	ROYERSFORD, PA	$540,000
2025-12	Celtic Bank Corporation	OGR*****LLC	CHARLOTTE, NC	$109,500
2025-12	Northeast Bank	Jua*****ves	Levittown, PA	$50,000
2025-12	Glacier Bank	Cha*****nc.	LIBERTY LAKE, WA	$700,000
2025-12	Port 51 Lending LLC	Sar*****LLC	ROYSE CITY, TX	$359,000
2025-11	The Huntington National Bank	GAT*****LLC	CINCINNATI, OH	$347,500
2025-11	Columbia Bank	Raw*****LLC	PORTLAND, OR	$50,000
2025-11	The Huntington National Bank	LAU*****LLC	CINCINNATI, OH	$50,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

Activity by state

CA73 NY63 TX47 OH42 FL38 NJ32 PA29 MI28 IL24 MN22 GA20 WI20 WA18 CO17 UT17 PR16 MA16 IN16 MO15 OR15 NC13 MD12 VA11 CT11 NV10 ME10 OK10 VT9 AZ7 IA7 ID6 SC6 KY5 NH5 AR5 LA4 TN3 AL3 MS3 NE3 MT2 WY2 SD2 HI2 DC1 RI1 KS1 AK1 WV1 NM1

Less active

More active

State-by-state breakdown

#	State	Approvals	Median Size	#1 Lender	Last 90 Days
1	California	73	$250,000	CDC Small Business Finance, CORP.6 approvals	7
2	New York	63	$132,500	TD Bank, National Association12 approvals	5
3	Texas	47	$311,000	THE Huntington National Bank8 approvals	2
4	Ohio	42	$100,000	THE Huntington National Bank16 approvals	4
5	Florida	38	$292,050	Bayfirst National Bank5 approvals	3
6	New Jersey	32	$200,000	TD Bank, National Association7 approvals	2
7	Pennsylvania	29	$150,000	THE Huntington National Bank5 approvals	1
8	Michigan	28	$100,000	THE Huntington National Bank13 approvals	1
9	Illinois	24	$455,000	THE Huntington National Bank6 approvals	1
10	Minnesota	22	$275,000	THE Huntington National Bank4 approvals	4
11	Georgia	20	$408,150	Peoples Bank4 approvals	—
12	Wisconsin	20	$330,600	Summit CU5 approvals	—
13	Washington	18	$187,500	Meadows Bank3 approvals	1
14	Colorado	17	$250,000	Colorado Enterprise Fund4 approvals	1
15	Utah	17	$150,000	Mountain America FCU4 approvals	1
16	Puerto Rico	16	$113,750	Banco Popular DE Puerto Rico10 approvals	3
17	Massachusetts	16	$369,500	Salem Five Cents Savings Bank2 approvals	—
18	Indiana	16	$82,500	Centier Bank3 approvals	1
19	Missouri	15	$312,000	Midland States Bank2 approvals	—
20	Oregon	15	$50,000	Columbia Bank3 approvals	2
21	North Carolina	13	$74,000	Readycap Lending, LLC4 approvals	—
22	Maryland	12	$44,600	Manufacturers AND Traders Trust Company7 approvals	1
23	Virginia	11	$230,000	Potomac Bank4 approvals	—
24	Connecticut	11	$172,000	Manufacturers AND Traders Trust Company4 approvals	—
25	Nevada	10	$334,450	Newtek Bank, National Association3 approvals	1

SBA loans for Seafood Product Preparation and Packaging by state

Similar industries

Breweries

NAICS 312 · 374 approvals

Apparel Accessories and Other Apparel Manufacturing

NAICS 315 · 114 approvals

All Other Miscellaneous Textile Product Mills

NAICS 314 · 34 approvals

Footwear Manufacturing

NAICS 316 · 18 approvals

Fiber

NAICS 313 · 17 approvals

Frequently asked questions about SBA loans for Seafood Product Preparation and Packaging

Who are the top SBA lenders for Seafood Product Preparation and Packaging?▾

Based on historical SBA 7(a) data, the most active lenders for Seafood Product Preparation and Packaging (NAICS 311) include THE Huntington National Bank, Newtek Bank, National Association, TD Bank, National Association, and 17 more. THE Huntington National Bank leads with 87 approved loans.

What is the typical SBA loan size for Seafood Product Preparation and Packaging?▾

The median SBA 7(a) loan amount for Seafood Product Preparation and Packaging businesses is $195,000, based on 725 total approved loans in the dataset.

Which states have the most SBA lending activity for Seafood Product Preparation and Packaging?▾

California leads with 73 SBA 7(a) approvals for Seafood Product Preparation and Packaging, followed by New York (63) and Texas (47).

How do I find the best SBA lender for my seafood product preparation and packaging business?▾

Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 311. You can also use the MyLenderPilot Lender Fit Quiz to get a personalized ranking based on your state, loan size, and years in business.

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