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NAICS 111998, industry

NAICS 111998: All other miscellaneous crop farming

NAICS 111998 is the industry code for all other miscellaneous crop farming. Use it on loan applications, tax forms and registrations. Explore financing for agriculture and start your application when you are ready.

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What 111998 covers

Farms classified here grow crops not covered by any other code, such as hops, herbs, spices, mint, sugar cane for syrup, maple sap, hemp and grass seed. Mixed crop farms with no dominant crop also land here.

Included in this code

  • Hop farming
  • Herb and spice farming
  • Mint farming
  • Maple sap gathering and syrup on the farm
  • Industrial hemp farming
  • Grass seed farming
  • General crop farms with no dominant crop

Not this code

Businesses that use 111998

Hop yard in WashingtonMaple sugarbushIndustrial hemp farmLavender farm

Financing for this trade

Specialty crop farms use equipment loans for harvesting and processing gear such as hop pickers and evaporators, seasonal operating lines and real estate loans. Lenders look at offtake contracts with brewers or processors and how established the market for the crop is.

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Is 111998 the right code for a hops, herb or other specialty crop farm?

Yes, if your business grows a crop with no code of its own, such as hops, herbs, mint, maple or hemp. The code for greenhouse herbs for food is 111419. Pick the code that matches the activity earning most of your revenue, and use that same code on your tax return, loan applications and SBA forms so lenders see one consistent picture.

What is the SBA size standard for 111998?

The SBA size standard for 111998 is $2.5 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 specialty crop farmers use?

Specialty crop farms use equipment loans for harvesting and processing gear such as hop pickers and evaporators, seasonal operating lines and real estate loans. Lenders look at offtake contracts with brewers or processors and how established the market for the crop is. Lenders that already fund this trade move faster because they know how to read its cash cycle.

What does NAICS 111998 cover?

All other miscellaneous crop farming. Industry level code in NAICS 2022, under 11 Agriculture, forestry, fishing and hunting, 111 Crop production, 1119 Other crop farming, 11199 All other crop farming.

What financing do NAICS 111998 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 111998?

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.