Powered by LevrNAICS 111421: Nursery and tree production
NAICS 111421 is the industry code for nursery and tree production. Use it on loan applications, tax forms and registrations. Explore financing for agriculture and start your application when you are ready.
What 111421 covers
Businesses classified here grow nursery stock, ornamental shrubs, sod, Christmas trees and short rotation woody crops. Garden centers that mainly resell purchased plants are retailers instead.
Included in this code
- Nursery stock growing
- Shrub and ornamental tree nurseries
- Sod and turf farms
- Christmas tree farms
- Fruit tree stock nurseries
- Short rotation woody crops
Not this code
- Garden centers reselling plants: see 444240 Nursery, garden center, and farm supply retailers
- Forest seedling nurseries for reforestation: see 113210 Forest nurseries and gathering of forest products
- Cut flowers and bedding plants: see 111422 Floriculture production
Businesses that use 111421
Financing for this trade
Nurseries use seasonal working capital lines to carry inventory that takes years to grow, equipment loans for diggers, trucks and irrigation, and real estate loans for growing ground. Lenders look at inventory value and turnover, landscaper and retailer customers and the spring sales peak.
Apply for funding with AIIs 111421 the right code for a nursery or tree farm?
Yes, if your business grows nursery plants, sod or Christmas trees for sale. If your main activity is garden centers reselling plants, use 444240 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 111421?
The SBA size standard for 111421 is $3.25 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 nursery and tree farm operators use?
Nurseries use seasonal working capital lines to carry inventory that takes years to grow, equipment loans for diggers, trucks and irrigation, and real estate loans for growing ground. Lenders look at inventory value and turnover, landscaper and retailer customers and the spring sales peak. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 111421 cover?
Nursery and tree production. Industry level code in NAICS 2022, under 11 Agriculture, forestry, fishing and hunting, 111 Crop production, 1114 Greenhouse, nursery, and floriculture production, 11142 Nursery and floriculture production.
What financing do NAICS 111421 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 111421?
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.