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NAICS 11251211

SBA Loans for Shellfish Farming

Shellfish Farming are one of the most-funded SBA 7(a) industries. Explore which lenders are actually approving shellfish farming loans, what loan sizes they fund, and where activity is concentrated.

Find lenders funding shellfish farming
Total loans
59
all programs
Approved $
$8.2M
last 5 years
Avg loan
$138K
median $145K
Most active lender
Bangor Savings Bank
4 loans
Jobs supported
312K
cumulative

Loan size distribution

SBA 7(a) · LAST 12 MONTHS
30.5%
35.6%
18.6%
10.2%
1.7%
3.4%
<$50K
$50–100K
$100–250K
$250–500K
$500K–1M
$1–2M
Most common range
$100K – $250K
34% of loans
Median
$145,000
90th percentile
$612,000
SHELLFISH FARMING-FRIENDLY LENDERS

The 5 lenders that approved 41% of shellfish farming SBA loans last year.

Submit your shellfish farming profile and we'll prioritize lenders that have already funded similar concept, size, and geography.

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~ 2 MIN · NO COMMITMENT

Top lenders for shellfish farming

Bangor Savings Bank
4
Camden National Bank
4
Manufacturers and Traders Trust Company
4
Columbia Bank
3
Eastern Bank
3
TD Bank, National Association
3

Top states for shellfish farming loans

ME
10
RI
6
MA
5
NJ
5
FL
4
NC
4
Loan records · Shellfish Farming
59 records
Sort:
St Martin Aquaculture Inc
Palacios, TX · 77465
$1,270,000
7(a)
American First National Bank$318K/job · 2010-02-22
Premium Aquatics, LLC
Craig, AK · 99921
$1,000,000
7(a)
Northrim Bank$100K/job · 2020-06-10
Ankers Real Estate Holdings LLC
Coden, AL · 36523
$795,000
504
Florida First Capital Finance Corporation, Inc.$133K/job · 2022-03-18
Wild Ocean Aquaculture, LLC
Portland, ME
$390,800
7(a)
Bangor Savings Bank$49K/job · 2019-08-14
Lowcountry Oyster Company, LLC
Green Pond, SC · 29446
$346,500
7(a)
Pinnacle Bank$35K/job · 2018-04-25
BLACK CREEK AQUACULTURE, INC.
Moss Point, MS · 39563
$339,000
7(a)
Hancock Whitney Bank2003-09-30
Wild Ocean Aquaculture, LLC
Portland, ME
$274,000
504
Eastern Maine Development Corporation$30K/job · 2019-06-26
Premium Seafood, Inc.
St Augustine, FL · 32080
$254,000
504
Florida First Capital Finance Corporation, Inc.$85K/job · 2015-10-21
Estuary Oysters, LLC
Crawfordville, FL · 32327
$250,000
7(a)
Pinnacle Bank$63K/job · 2016-03-07
MARINE SCENES
Boynton Beach, FL · 33435
$249,300
7(a)
BMO Bank National Association2004-10-26
NICK'S CRUSTACEANS LLC
Delmar, MD · 21875
$172,000
504
Business Finance Group, Inc.$172K/job · 2005-07-12
the oceans friend aquaculture, llc
Gratiot, OH · 43740
$165,000
7(a)
The Community Bank$55K/job · 2015-11-18
LIGHTHOUSE POINT OYSTERS LLC
Anchorage, AK · 99603
$150,000
7(a)
Alaska Growth Capital BIDCO, Inc.2005-07-25
Wild Ocean Aquaculture, LLC
Portland, ME
$150,000
7(a)
Bangor Savings Bank$15K/job · 2025-01-22
Wild Ocean Aquaculture, LLC
Portland, ME
$150,000
7(a)
Bangor Savings Bank$15K/job · 2025-01-21
Cornelius &amp; Little Ram Oyster Company
Brooklyn, NY · 11238
$140,000
7(a)
Dime Community Bank$47K/job · 2018-08-30
Barnegat Oyster Holdings LLC
Barnegat, NJ
$130,000
7(a)
Manufacturers and Traders Trust Company$5K/job · 2025-03-14
RACCA CRAWFISH FARMING
Sulphur, LA · 70663
$120,000
7(a)
b1BANK$60K/job · 2015-07-28
Aubree Neill Fisheries
Columbia, NC · 27925
$112,500
7(a)
Southern Bank and Trust Company$38K/job · 2016-03-16
Onset Oyster Corp.
Buzzards Bay, MA
$100,000
7(a)
Eastern Bank$100K/job · 2016-04-06
PREMIERE FARM & RANCH SUPPLY
Kaplan, LA · 70548
$90,000
7(a)
Gulf Coast Bank2003-12-15
Falling Tide Farms LLC
Holly Ridge, NC · 28445
$80,000
7(a)
BayFirst National Bank$40K/job · 2024-11-19
Oyster Seed Holdings, Inc
Grimstead, VA · 23064
$80,000
7(a)
Primis Bank$80K/job · 2015-11-10
Trundy Point, LLC
South Portland, ME
$75,000
7(a)
Camden National Bank$38K/job · 2010-09-23
Wild Ocean Aquaculture, LLC
Portland, ME
$75,000
7(a)
Bangor Savings Bank$9K/job · 2019-08-14
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