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NAICS 114119, industry

NAICS 114119: Other marine fishing

NAICS 114119 is the industry code for other marine 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 114119 covers

Businesses classified here gather marine products other than fish and shellfish from the wild, such as seaweed, sponges, sea urchins and marine worms.

Included in this code

  • Wild seaweed and kelp harvesting
  • Sponge gathering
  • Sea urchin harvesting
  • Marine worm digging
  • Sea cucumber harvesting

Not this code

Businesses that use 114119

Kelp harvesterSea urchin diverBait worm digger

Financing for this trade

These harvesters use vessel loans, equipment loans for dive gear, dredges and boats, and seasonal working capital lines. Lenders look at permits and harvest quotas, buyer relationships and catch history.

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Is 114119 the right code for a sponge, seaweed or other marine fishing business?

Yes, if your business gathers wild marine products other than fish or shellfish. The code for seaweed farming is 112519. 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 114119?

The SBA size standard for 114119 is $11.5 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 marine harvesters use?

These harvesters use vessel loans, equipment loans for dive gear, dredges and boats, and seasonal working capital lines. Lenders look at permits and harvest quotas, buyer relationships and catch history. Lenders that already fund this trade move faster because they know how to read its cash cycle.

What does NAICS 114119 cover?

Other marine 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 114119 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 114119?

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.