NAICS 112511: Finfish farming and fish hatcheries
NAICS 112511 is the industry code for finfish farming and fish hatcheries. Use it on loan applications, tax forms and registrations. Explore financing for agriculture and start your application when you are ready.
What 112511 covers
Businesses classified here raise finfish in ponds, tanks or net pens, or run hatcheries that produce fingerlings. Catfish, trout, tilapia and salmon farms are typical.
Included in this code
- Catfish farming
- Trout farming
- Tilapia farming
- Salmon farming
- Fish hatcheries
- Ornamental fish farming
Not this code
- Shellfish farming: see 112512 Shellfish farming
- Commercial fishing: see 114111 Finfish fishing
- Fish processing: see 311710 Seafood product preparation and packaging
Businesses that use 112511
Financing for this trade
Fish farms use equipment loans for tanks, aerators and recirculating systems, real estate and construction loans for ponds and buildings, and operating lines for feed. Lenders look at water rights and quality, processor contracts and mortality history.
Apply for funding with AIIs 112511 the right code for a fish farm or hatchery?
Yes, if your business raises fish in ponds, tanks or pens or runs a fish hatchery. The code for shellfish farming is 112512. Pick the code that matches the activity earning most of your revenue, and use that same code on your tax return, loan applications and SBA forms so lenders see one consistent picture.
What is the SBA size standard for 112511?
The SBA size standard for 112511 is $3.75 million in average annual receipts. A business at or under that figure, counting affiliates, is small for SBA loans such as 7(a) and 504 and for federal contracting set asides. Receipts are averaged over the five most recently completed fiscal years.
What financing do fish farmers use?
Fish farms use equipment loans for tanks, aerators and recirculating systems, real estate and construction loans for ponds and buildings, and operating lines for feed. Lenders look at water rights and quality, processor contracts and mortality history. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 112511 cover?
Finfish farming and fish hatcheries. Industry level code in NAICS 2022, under 11 Agriculture, forestry, fishing and hunting, 112 Animal production and aquaculture, 1125 Aquaculture, 11251 Aquaculture.
What financing do NAICS 112511 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for agriculture businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 112511?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.