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NAICS 114112, industry

NAICS 114112: Shellfish fishing

NAICS 114112 is the industry code for shellfish fishing. Use it on loan applications, tax forms and registrations. Explore financing for agriculture and start your application when you are ready.

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What 114112 covers

Businesses classified here harvest wild shellfish such as lobster, crab, shrimp, scallops, clams and oysters from natural beds.

Included in this code

  • Lobster fishing
  • Crab fishing
  • Shrimp trawling
  • Scallop dredging
  • Wild clam and oyster harvesting

Not this code

Businesses that use 114112

Maine lobster boatBering Sea crab vesselGulf shrimp trawler

Financing for this trade

Shellfish harvesters use vessel loans, equipment loans for traps, dredges and electronics, and seasonal working capital. Lenders look at licenses and permits, vessel survey and landings history.

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Is 114112 the right code for a lobster, crab or shellfish fishing business?

Yes, if your business harvests wild shellfish for sale. 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 114112?

The SBA size standard for 114112 is $14 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 shellfish fishermen use?

Shellfish harvesters use vessel loans, equipment loans for traps, dredges and electronics, and seasonal working capital. Lenders look at licenses and permits, vessel survey and landings history. Lenders that already fund this trade move faster because they know how to read its cash cycle.

What does NAICS 114112 cover?

Shellfish fishing. Industry level code in NAICS 2022, under 11 Agriculture, forestry, fishing and hunting, 114 Fishing, hunting and trapping, 1141 Fishing, 11411 Fishing.

What financing do NAICS 114112 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 114112?

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.