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NAICS 33661233

SBA Loans for Boat Building

Boat Building are one of the most-funded SBA 7(a) industries. Explore which lenders are actually approving boat building loans, what loan sizes they fund, and where activity is concentrated.

Find lenders funding boat building
Total loans
426
all programs
Approved $
$205.0M
last 5 years
Avg loan
$481K
median $145K
Most active lender
Citizens Bank, National Association
29 loans
Jobs supported
312K
cumulative

Loan size distribution

SBA 7(a) · LAST 12 MONTHS
16.9%
16.7%
22.3%
15.7%
14.8%
8.5%
5.2%
<$50K
$50–100K
$100–250K
$250–500K
$500K–1M
$1–2M
$2M+
Most common range
$100K – $250K
34% of loans
Median
$145,000
90th percentile
$612,000
BOAT BUILDING-FRIENDLY LENDERS

The 5 lenders that approved 41% of boat building SBA loans last year.

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

Get matched
~ 2 MIN · NO COMMITMENT

Top lenders for boat building

Citizens Bank, National Association
29
The Huntington National Bank
17
Bank of America, National Association
14
Columbia Bank
12
Heritage Bank
11
Wells Fargo Bank National Association
11

Top states for boat building loans

WA
54
FL
53
RI
26
CA
24
ME
21
MA
18
Loan records · Boat Building
426 records
Sort:
Renegade Powerboats, Inc
Hialeah, FL · 33013
$5,000,000
7(a)
Amerant Bank, National Association$167K/job · 2021-10-25
S2 Yachts, Inc.
Holland, MI · 49423
$5,000,000
7(a)
The Huntington National Bank$33K/job · 2010-12-23
FOUNTAIN POWERBOATS, INC.
Chocowinity, NC · 27817
$5,000,000
7(a)
Paradise Bank$77K/job · 2012-09-10
Dougherty Manufacturing
Edgewater, FL · 32132
$5,000,000
7(a)
Newtek Small Business Finance, Inc.$45K/job · 2021-07-22
ELIMINATOR CUSTOM BOATS A CALI
Perris, CA · 92570
$4,000,000
504
SBA CLSC Servicing$44K/job · 2006-07-28
ELIMINATOR CUSTOM BOATS
Perris, CA · 92570
$4,000,000
504
SBA CLSC Servicing$44K/job · 2006-01-18
Gutierrez, LLC
Biloxi, MS · 39530
$4,000,000
7(a)
BizCapital BIDCO I, LLC$78K/job · 2011-10-04
Starting Line Sailing, Inc.
Bristol, RI
$3,920,400
7(a)
Columbia Bank$170K/job · 2021-09-27
Sunsation Products, Inc.
Marine City, MI · 48039
$3,362,000
504
Michigan Certified Development Corporation$125K/job · 2023-09-25
Extreme Boats Distributing LLC
Brookpark, OH · 44142
$2,800,000
7(a)
Primis Bank$255K/job · 2025-12-01
TWIN VEE CATAMARANS, INC.
Fort Pierce, Fl, FL · 34982
$2,630,000
7(a)
BankUnited, National Association$53K/job · 2016-06-28
SHARPE MARINE INC
Somerset, KY · 42501
$2,550,000
7(a)
The Citizens National Bank of Somerset$62K/job · 2011-02-09
Delta Bass, LLC
Holt, CA · 95234
$2,374,000
7(a)
Pinnacle Bank$475K/job · 2013-09-25
Bluewater Boat Holdings, LLC
Fort Pierce, FL · 34946
$2,360,000
7(a)
Byline Bank$112K/job · 2022-10-27
Contender Boats, Inc.
Fort Pierce, FL · 34981
$2,295,000
504
Florida First Capital Finance Corporation, Inc.$11K/job · 2020-12-29
BT Marine Group LLC
Bradenton, FL · 34203
$2,270,000
7(a)
Live Oak Banking Company$151K/job · 2021-08-16
Contender Boats, Inc.
Homestead, FL · 33035
$2,101,000
504
Florida First Capital Finance Corporation, Inc.$84K/job · 2017-12-01
FAMOUS CRAFT BOATS OF SOUTH CA
Anderson, SC · 29626
$2,057,000
504
Appalachian Development Corporation$69K/job · 2006-06-20
Defiance Boats LLC
Four Oaks, NC · 27524
$2,030,000
7(a)
Fund-Ex Solutions Group, LLC$63K/job · 2021-07-29
Composite Research, Inc
Blackshear, GA · 31516
$2,000,000
7(a)
Renasant Bank$167K/job · 2009-12-24
COUGAR CUSTOM BOATS, LLC
Hill City, KS · 67642
$2,000,000
7(a)
Bank of the Plains$65K/job · 2007-04-02
Duffy Electric Boat Co.
Adelanto, CA · 92301
$2,000,000
7(a)
Banc of California$16K/job · 2010-08-30
Extreme Boats Distributing LLC
Brookpark, OH · 44142
$1,900,000
7(a)
Primis Bank$173K/job · 2025-12-01
All Craft Marine LLC
Zephyrhills, FL · 33540
$1,900,000
7(a)
BizCapital BIDCO I, LLC$63K/job · 2016-02-11
KOEHLER KRAFT CO INC
San Diego, CA · 92106
$1,873,000
7(a)
Wells Fargo Bank National Association$117K/job · 2007-02-01
1–25 of 426
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