Powered by LevrNAICS 111199: All other grain farming
NAICS 111199 is the industry code for all other grain farming. Use it on loan applications, tax forms and registrations. Explore financing for agriculture and start your application when you are ready.
What 111199 covers
Farms classified here grow grains not covered by other codes, such as barley, oats, sorghum, rye, millet, buckwheat and triticale. It also covers grain farms growing a mix of these crops.
Included in this code
- Barley farming
- Oat farming
- Grain sorghum farming
- Rye farming
- Millet farming
- Buckwheat farming
- Triticale farming
Not this code
- Wheat farming: see 111140 Wheat farming
- Corn farming: see 111150 Corn farming
- Forage sorghum grown for hay: see 111940 Hay farming
Businesses that use 111199
Financing for this trade
Crop farms lean on seasonal operating lines repaid at harvest, equipment loans for tractors, planters and combines, farm real estate loans and SBA 7(a) for land and buildings. Lenders look closely at yield history, crop insurance coverage, owned versus rented acres and how exposed the farm is to commodity prices.
Apply for funding with AIIs 111199 the right code for a barley, oat, sorghum or other grain farm?
Yes, if your business grows grains such as barley, oats, sorghum or rye rather than wheat, corn or rice. If your main activity is wheat farming, use 111140 instead. Pick the code that matches the activity earning most of your revenue, and use the same code on your tax return, loan applications and SBA forms.
What is the SBA size standard for 111199?
The SBA size standard for 111199 is $2.25 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 grain farmers use?
Crop farms lean on seasonal operating lines repaid at harvest, equipment loans for tractors, planters and combines, farm real estate loans and SBA 7(a) for land and buildings. Lenders look closely at yield history, crop insurance coverage, owned versus rented acres and how exposed the farm is to commodity prices. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 111199 cover?
All other grain farming. Industry level code in NAICS 2022, under 11 Agriculture, forestry, fishing and hunting, 111 Crop production, 1111 Oilseed and grain farming, 11119 Other grain farming.
What financing do NAICS 111199 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 111199?
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.