Powered by LevrNAICS 424460: Fish and seafood merchant wholesalers
NAICS 424460 is the industry code for fish and seafood merchant wholesalers. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 424460 covers
Wholesalers here distribute fish and seafood, fresh, frozen or cured, to restaurants, stores and processors. It includes seafood importers and dockside buyers.
Included in this code
- Fresh fish wholesale
- Frozen seafood
- Shellfish distribution
- Seafood importers
- Cured and smoked fish
Not this code
- Seafood processing: see 311710 Seafood product preparation and packaging
- Fish markets selling to the public: see 445250 Fish and seafood retailers
- Fishing: see 114111 Finfish fishing
Businesses that use 424460
Financing for this trade
Seafood distributors use import letters of credit, receivables lines and cold storage equipment loans. Lenders review price volatility, spoilage, import inspection rules and restaurant credit risk.
Apply for funding with AIIs 424460 the right code for a seafood distributor?
Yes, if you buy and resell fish or shellfish to restaurants, grocers or other distributors, including importers of frozen seafood. If you fillet, cook or can seafood as your main activity, use 311710. Retail fish markets use 445250, and fishing boats selling their own catch use 114111.
What is the SBA size standard for 424460?
The SBA size standard for 424460 is 100 employees. SBA counts the average number of people on payroll, full time, part time and temporary, over the last 24 months, and adds in any affiliates. A seafood distributor under that headcount counts as small for SBA 7(a) and 504 loans and for federal small business contracts, whatever its revenue.
What financing do seafood distributors use?
Importers rely on letters of credit and trade finance to pay foreign packers, then receivables lines once product sells. Fresh fish distributors finance refrigerated trucks and coolers. Lenders focus on inventory turns, spoilage, insurance and how quickly restaurant customers pay.
What does NAICS 424460 cover?
Fish and seafood merchant wholesalers. Industry level code in NAICS 2022, under 42 Wholesale trade, 424 Merchant wholesalers, nondurable goods, 4244 Grocery and related product merchant wholesalers, 42446 Fish and seafood merchant wholesalers.
What financing do NAICS 424460 businesses use?
Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 424460?
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.