SBA Loans for Fish and Seafood Merchant Wholesalers: Top Lenders & Recent Approvals

NAICS 424

NAICS 424 covers fish and seafood merchant wholesalers businesses. Based on historical SBA 7(a) lending data.

Total Approvals

1,127

for Fish and Seafood Merchant Wholesalers

Median Loan Size

$200,000

per approval

Recent Activity

last 90 days through Dec 2025

NAICS 424 covers fish and seafood merchant wholesalers businesses. This is one of the more actively funded industries through SBA 7(a) lending, with 1,127 approvals on record and a median loan size of $200,000.

Key trends & insights

SBA lending to fish and seafood merchant wholesalers businesses grew 51% year-over-year — from 399 to 601 approvals.
Total SBA dollars flowing into this industry increased by 116% year-over-year, reaching $523,166,500 in the trailing 12 months.
TD Bank, National Association leads this industry with 96 approvals (18% market share) and a median loan of $85,000.
Fish and Seafood Merchant Wholesalers SBA lending clusters in California (17%), New York (12%), Florida (11%) — these three states represent 40% of all activity nationwide.
The typical loan size for fish and seafood merchant wholesalers has increased 68% — average median moving from $260,700 to $438,150.

Lending trends for Fish and Seafood Merchant Wholesalers

↑ 51%loan volume YoY

↑ 116%dollar volume YoY

Total loaned ($)

Median loan size

Top lenders by historical volume

#	Lender	Approvals	Median Size	Recent	Top States
1	TD Bank, National Association	96	$85,000	4	NY, FL, NJ
2	THE Huntington National Bank	51	$97,700	4	OH, MI, IL
3	Jpmorgan Chase Bank, National Association	45	$155,000	2	NY, CA, TX
4	U.s. Bank, National Association	41	$40,000	2	CA, UT, OR
5	Newtek Bank, National Association	34	$250,000	8	CA, FL, NY
6	Manufacturers AND Traders Trust Company	32	$100,000	3	NY, MD, CT
7	Bayfirst National Bank	30	$150,000	—	NY, FL, TX
8	Wells Fargo Bank, National Association	29	$15,000	—	CA, TX, AZ
9	Bank OF Hope	26	$250,000	1	CA, TX, WA
10	Bank OF America, National Association	23	$200,000	2	FL, CA, MA
11	Northeast Bank	22	$150,000	5	NY, CA, FL
12	Lendistry Sblc, LLC	16	$150,000	3	CA, NY, FL
13	Readycap Lending, LLC	15	$105,500	2	CA, IL, FL
14	Newtek Small Business Finance, INC.	14	$500,000	—	NY, FL, CA
15	Cadence Bank	13	$272,000	—	FL, NV, NJ
16	Celtic Bank, CORP.	12	$150,000	1	FL, CA, NE
17	Keybank, National Association	11	$205,000	3	NY, PA, OH
18	Bank OF Bridger, National Association	11	$125,000	—	WY
19	Banco Popular DE Puerto Rico	10	$150,000	1	PR, VI
20	Live OAK Banking Company	10	$1,800,000	3	CA, NJ, CO

Recent SBA 7(a) approvals for Fish and Seafood Merchant Wholesalers

Month	Lender	Borrower	Location	Amount
2025-12	United Bank of Philadelphia	B&B*****LLC	Philadelphia, PA	$581,000
2025-12	Bank of Hope	EVE*****INC	BELLEVUE, WA	$1,000,000
2025-12	TD Bank, National Association	GRE*****LLC	SOUTH HACKENSACK, NJ	$100,000
2025-12	Bank of Hope	MP *****nc.	LOS ANGELES, CA	$100,000
2025-12	Bank of Hope	BOT*****INC	LOS ANGELES, CA	$150,000
2025-12	Zions Bank, A Division of	Wil*****LLC	VERNAL, UT	$180,000
2025-12	Zions Bank, A Division of	Wil*****LLC	VERNAL, UT	$15,000
2025-12	Manufacturers and Traders Trust Company	Vih*****nc.	BLOOMFIELD, CT	$50,000
2025-12	JPMorgan Chase Bank, National Association	IN *****NC.	LODI, NJ	$300,000
2025-12	SouthState Bank, National Association	El *****LLC	ORLANDO, FL	$200,000
2025-12	Midwest Regional Bank	Fre*****LLC	ARLINGTON, TX	$524,000
2025-12	Harvest Small Business Finance, LLC	Fer*****ply	LOS ANGELES, CA	$335,700
2025-12	Heritage Bank	Eli*****nc.	DES MOINES, WA	$1,467,700
2025-12	CenTrust Bank, A Division of SmartBiz Bank National Associat	Atl*****LLC	BISHOP, GA	$200,000
2025-12	Heritage Bank	Eli*****nc.	DES MOINES, WA	$100,000
2025-12	Lendistry SBLC, LLC	Are*****LLC	BOSTON, MA	$400,000
2025-12	Readycap Lending, LLC	MAR*****LLC	SAN ANTONIO, TX	$50,000
2025-12	U.S. Bank, National Association	WES*****LLC	NEWPORT, OR	$25,000
2025-12	First Capital Bank	WF *****e I	Wichita Falls, TX	$1,163,700
2025-12	PNC Bank, National Association	FLO*****LLC	ORANGE, NJ	$25,000
2025-12	Readycap Lending, LLC	Dia*****nc.	COPIAGUE, NY	$350,000
2025-12	Columbia Bank	Jor*****Inc	SOUTH EL MONTE, CA	$50,000
2025-12	The Huntington National Bank	PER*****LLC	SEATTLE, WA	$100,000
2025-12	JPMorgan Chase Bank, National Association	NEW*****INC	FLUSHING, NY	$155,000
2025-12	The Huntington National Bank	PER*****LLC	SEATTLE, WA	$1,934,000

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

Activity by state

CA191 NY137 FL119 NJ77 TX65 OH48 IL36 PA34 GA32 MN27 MI27 WA21 MA20 CT19 UT17 NC16 OR15 CO14 VA14 MO13 WI13 AZ13 PR12 MD12 WY11 NH10 LA10 SC9 NE7 TN7 ME6 NV6 MT5 DE5 IA5 IN5 KS5 MS5 AL4 RI4 ID4 VT4 AR3 OK3 KY3 WV3 NM3 SD2 VI2 GU1 HI1 AK1 ND1

Less active

More active

State-by-state breakdown

#	State	Approvals	Median Size	#1 Lender	Last 90 Days
1	California	191	$275,000	U.s. Bank, National Association22 approvals	16
2	New York	137	$150,000	TD Bank, National Association37 approvals	9
3	Florida	119	$230,000	TD Bank, National Association28 approvals	15
4	New Jersey	77	$250,000	TD Bank, National Association21 approvals	6
5	Texas	65	$265,600	Jpmorgan Chase Bank, National Association8 approvals	7
6	Ohio	48	$122,500	THE Huntington National Bank26 approvals	—
7	Illinois	36	$150,000	THE Huntington National Bank12 approvals	1
8	Pennsylvania	34	$201,350	TD Bank, National Association5 approvals	3
9	Georgia	32	$350,000	Southstate Bank, National Association5 approvals	2
10	Minnesota	27	$348,500	Sunrise Banks, National Association5 approvals	2
11	Michigan	27	$125,000	THE Huntington National Bank14 approvals	2
12	Washington	21	$350,000	Columbia Bank3 approvals	2
13	Massachusetts	20	$200,000	Eastern Bank6 approvals	3
14	Connecticut	19	$300,000	Manufacturers AND Traders Trust Company5 approvals	5
15	Utah	17	$350,000	U.s. Bank, National Association4 approvals	1
16	North Carolina	16	$225,000	Bank OF America, National Association3 approvals	2
17	Oregon	15	$140,800	U.s. Bank, National Association5 approvals	3
18	Colorado	14	$88,000	U.s. Bank, National Association2 approvals	3
19	Virginia	14	$250,000	Manufacturers AND Traders Trust Company2 approvals	2
20	Missouri	13	$238,000	Bank Northwest2 approvals	1
21	Wisconsin	13	$200,000	Bank First, National Association2 approvals	—
22	Arizona	13	$425,000	Wells Fargo Bank, National Association4 approvals	1
23	Puerto Rico	12	$92,000	Banco Popular DE Puerto Rico9 approvals	1
24	Maryland	12	$100,000	Manufacturers AND Traders Trust Company7 approvals	—
25	Wyoming	11	$125,000	Bank OF Bridger, National Association11 approvals	—

SBA loans for Fish and Seafood Merchant Wholesalers by state

Similar industries

Industrial Machinery and Equipment Merchant Wholesalers

NAICS 423 · 1,798 approvals

Wholesale Trade Agents and Brokers

NAICS 425 · 133 approvals

Frequently asked questions about SBA loans for Fish and Seafood Merchant Wholesalers

Who are the top SBA lenders for Fish and Seafood Merchant Wholesalers?▾

Based on historical SBA 7(a) data, the most active lenders for Fish and Seafood Merchant Wholesalers (NAICS 424) include TD Bank, National Association, THE Huntington National Bank, Jpmorgan Chase Bank, National Association, and 17 more. TD Bank, National Association leads with 96 approved loans.

What is the typical SBA loan size for Fish and Seafood Merchant Wholesalers?▾

The median SBA 7(a) loan amount for Fish and Seafood Merchant Wholesalers businesses is $200,000, based on 1,127 total approved loans in the dataset.

Which states have the most SBA lending activity for Fish and Seafood Merchant Wholesalers?▾

California leads with 191 SBA 7(a) approvals for Fish and Seafood Merchant Wholesalers, followed by New York (137) and Florida (119).

How do I find the best SBA lender for my fish and seafood merchant wholesalers business?▾

Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 424. 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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