Powered by LevrNAICS 111331: Apple orchards
NAICS 111331 is the industry code for apple orchards. Use it on loan applications, tax forms and registrations. Explore financing for agriculture and start your application when you are ready.
What 111331 covers
Businesses classified here grow apples, selling to packers, cider makers or direct to the public. Orchards with on farm sales of their own apples still belong here.
Included in this code
- Apple orchards
- Cider apple growing
- U pick apple orchards
- High density apple plantings
Not this code
- Orchards growing a mix of fruit with no dominant crop: see 111336 Fruit and tree nut combination farming
- Hard cider production: see 312120 Breweries
- Apple juice and sauce canning: see 311421 Fruit and vegetable canning
Businesses that use 111331
Financing for this trade
Apple growers use farm real estate loans for orchard land, equipment loans for sprayers, platforms and cold storage, and operating lines repaid as fruit is sold through the winter. Lenders look at variety mix, block age, storage capacity and frost and hail insurance.
Apply for funding with AIIs 111331 the right code for an apple orchard?
Yes, if your business grows apples as its main crop. If your main activity is orchards growing a mix of fruit with no dominant crop, use 111336 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 111331?
The SBA size standard for 111331 is $4.5 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 apple growers use?
Apple growers use farm real estate loans for orchard land, equipment loans for sprayers, platforms and cold storage, and operating lines repaid as fruit is sold through the winter. Lenders look at variety mix, block age, storage capacity and frost and hail insurance. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 111331 cover?
Apple orchards. Industry level code in NAICS 2022, under 11 Agriculture, forestry, fishing and hunting, 111 Crop production, 1113 Fruit and tree nut farming, 11133 Noncitrus fruit and tree nut farming.
What financing do NAICS 111331 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 111331?
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.