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 11% year-over-year — from 157 to 175 approvals.
THE Huntington National Bank leads this industry with 61 approvals (19% market share) and a median loan of $80,000.
The typical loan size for seafood product preparation and packaging has decreased 50% — average median moving from $302,625 to $150,092.
Loan sizes vary dramatically by location — the median in Iowa ($750,000) is 16.8x higher than Maryland ($44,600).
Seafood Product Preparation and Packaging loans skew smaller than the SBA average at $195,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.

Lending trends for Seafood Product Preparation and Packaging

↑ 11%loan volume YoY

↓ 11%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	61	$80,000	3	OH, MI, TX
2	TD Bank, National Association	32	$30,000	1	NY, NJ, FL
3	Manufacturers AND Traders Trust Company	23	$65,200	2	MD, NY, CT
4	Newtek Bank, National Association	23	$250,000	3	NY, GA, CA
5	Readycap Lending, LLC	20	$50,000	—	CA, NC, NY
6	Northeast Bank	18	$100,000	3	TX, CA, NJ
7	Celtic Bank, CORP.	16	$150,000	1	CA, TX, OK
8	U.s. Bank, National Association	16	$50,000	2	CA, UT, NV
9	Bayfirst National Bank	13	$150,000	—	FL, TX, PA
10	Jpmorgan Chase Bank, National Association	12	$250,000	1	NY, CA, TX
11	Banco Popular DE Puerto Rico	11	$100,000	2	PR
12	Wells Fargo Bank, National Association	10	$15,000	1	VA, CA, WA
13	Meadows Bank	10	$460,000	—	WA, AL, FL
14	Newtek Small Business Finance, INC.	8	$230,000	—	MI, NJ, MA
15	Cadence Bank	8	$460,000	—	TX, FL, AZ
16	Columbia Bank	8	$100,000	—	OR, CA, WA
17	CDC Small Business Finance, CORP.	7	$150,000	1	CA, VA
18	Zions Bank, A Division OF	6	$150,000	1	UT, NV, CO
19	Live OAK Banking Company	6	$1,115,000	—	NY, DE, CO
20	First Commonwealth Bank	6	$680,000	1	OH, PA

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

Month	Lender	Borrower	Location	Amount
2025-12	Zions Bank, A Division of	Mig*****LLC	SALT LAKE CITY, UT	$99,900
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
2025-11	Northeast Bank	KAF*****LLC	RARITAN, NJ	$50,000
2025-11	Bank of Hope	Goo*****Inc	WEST COVINA, CA	$250,000
2025-11	Northeast Bank	Sug*****LLC	WALTERBORO, SC	$47,400
2025-11	The Community Bank	PHI*****LLC	ZANESVILLE, OH	$211,000
2025-11	The Community Bank	PHI*****LLC	ZANESVILLE, OH	$25,000
2025-11	Truliant FCU	Eve*****Inc	MOORESTOWN, NJ	$366,000
2025-11	Celtic Bank Corporation	BLE*****LLC	WARR ACRES, OK	$60,000
2025-11	The Huntington National Bank	BRA*****LLC	CHAGRIN FALLS, OH	$9,000
2025-08	Byline Bank	The*****LLC	PASADENA, CA	$500,000
2025-08	Newtek Bank, National Association	JMA*****LLC	LAS VEGAS, NV	$1,300,000
2025-08	U.S. Bank, National Association	Nol*****LLC	SEAL BEACH, CA	$2,868,700
2025-08	Old National Bank	Pin*****LLC	LISMORE, MN	$465,000
2025-08	Northeast Bank	SK2*****RP.	COPIAGUE, NY	$200,000
2025-08	State Bank	LI***LLC	Indianapolis, IN	$75,000
2025-08	Old National Bank	Glo*****LLC	LISMORE, MN	$70,000
2025-08	FirstBank Puerto Rico	Pan*****LLC	CIDRA, PR	$297,000
2025-08	Newtek Bank, National Association	IMP*****INC	Miami, FL	$250,000
2025-08	Sabre Finance	LC***LLC	Birmingham, AL	$259,700
2025-08	Leader Bank, National Association	Ris*****LLC	AUSTIN, TX	$150,000
2025-08	The Huntington National Bank	BAF*****LLC	MARSHALL, TX	$94,500
2025-08	Newtek Bank, National Association	Nat*****LLC	PORT JEFFERSON, NY	$125,000
2025-08	Community National Bank	RED*****ANY	MIDDLESEX, VT	$1,274,100

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, TD Bank, National Association, Manufacturers AND Traders Trust Company, and 17 more. THE Huntington National Bank leads with 61 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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