SBA lending record
Fratt Shellfish
2 HILLTOP ST, Bristol, RI · Shellfish Farming. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$23K
Total SBA financing
1
Loan on record
FY2024
On record
2
Jobs supported
Is Fratt Shellfish your business?
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The loan
$22,500 — FY2024
- Gross approval
- $22,500
- SBA guaranteed
- $11,250 (50%)
- Status
- Current
- Rate at approval
- 10% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/28/2024
- First disbursement
- 1/17/2025
- Days to fund
- 111 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Individual
- Business age
- Existing or more than 2 years old
- Industry
- Shellfish Farming
- NAICS code
- 112512
- Lender
- BankNewport
- Address
- 2 HILLTOP ST
- City
- Bristol
- County
- Bristol
- SBA district office
- RHODE ISLAND DISTRICT OFFICE
- Congressional district
- 1
The lender
Find SBA lenders for businesses like this
The banks most active funding shellfish farming — by location, industry.
Similar businesses
Comparable shellfish farming in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
1620 OYSTER COMPANY
Plymouth, MA· ~36 mi
Shellfish Farming
- $25K
- SBA financing
- ≈ $49K–$82K
- Est. revenue (rough)
CAPE COD NATIVE SHELLFISH LLC
Marstons Mills, MA· ~45 mi
Shellfish Farming
- $10K
- SBA financing
- ≈ $20K–$33K
- Est. revenue (rough)
Valhalla Shellfisheries LLC
Point Pleasant Beach, NJ· ~183 mi
Shellfish Farming
- $61K
- SBA financing
- ≈ $119K–$198K
- Est. revenue (rough)
Maine Shellfish Developers, LLC
Waldoboro, ME· ~193 mi
Shellfish Farming
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Mighty Mouse Fisheries Inc
Decatur Island, WA· ~2503 mi
Shellfish Farming
- $46K
- SBA financing
- ≈ $90K–$150K
- Est. revenue (rough)
Wild Ocean Aquaculture, LLC
Portland, ME
Shellfish Farming
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Fratt Shellfish in Bristol, RI (Shellfish Farming). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $23K
- On record FY2024
- 2 jobs supported
- Industry: Shellfish Farming
- Location: Bristol, RI
- Lender: BankNewport
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Shellfish Farming businesses in RI for ~$23k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Fratt Shellfish.