Powered by LevrNAICS 111422: Floriculture production
NAICS 111422 is the industry code for floriculture production. Use it on loan applications, tax forms and registrations. Explore financing for agriculture and start your application when you are ready.
What 111422 covers
Businesses classified here grow cut flowers, flower seeds, bedding plants, potted plants and foliage, usually in greenhouses or fields. Florist shops that resell flowers belong in retail.
Included in this code
- Cut flower growing
- Bedding plant greenhouses
- Potted plant and foliage growers
- Flower seed production
- Bulb growing
Not this code
- Retail florists: see 459310 Florists
- Nursery stock and shrubs: see 111421 Nursery and tree production
- Greenhouse food crops: see 111419 Other food crops grown under cover
Businesses that use 111422
Financing for this trade
Flower growers use seasonal lines to carry crops into the spring and holiday peaks, equipment loans for greenhouse systems and real estate loans for greenhouse ranges. Lenders look at big box and garden center contracts, energy costs and concentration in a few selling weeks.
Apply for funding with AIIs 111422 the right code for a flower or bedding plant grower?
Yes, if your business grows flowers, bedding plants or potted plants. If your main activity is retail florists, use 459310 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 111422?
The SBA size standard for 111422 is $3.75 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 flower and bedding plant growers use?
Flower growers use seasonal lines to carry crops into the spring and holiday peaks, equipment loans for greenhouse systems and real estate loans for greenhouse ranges. Lenders look at big box and garden center contracts, energy costs and concentration in a few selling weeks. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 111422 cover?
Floriculture 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 111422 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 111422?
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.