Powered by LevrNAICS 112111: Beef cattle ranching and farming
NAICS 112111 is the industry code for beef cattle ranching and farming. Use it on loan applications, tax forms and registrations. Explore financing for agriculture and start your application when you are ready.
What 112111 covers
Ranches and farms classified here raise beef cattle, including cow calf and stocker operations. Feedlots that finish cattle for slaughter have their own code.
Included in this code
- Cow calf operations
- Stocker and backgrounding operations
- Beef cattle ranching
- Seedstock and purebred cattle breeding
Not this code
- Cattle feedlots: see 112112 Cattle feedlots
- Dairy cattle: see 112120 Dairy cattle and milk production
- Dual purpose cattle: see 112130 Dual-Purpose cattle ranching and farming
Businesses that use 112111
Financing for this trade
Livestock operations use operating lines for feed and inputs, livestock loans secured by the herd or flock, equipment loans for trucks, trailers and handling gear, and farm real estate or SBA 7(a) loans for land and barns. Lenders look at herd size and health, grazing leases and cattle price swings.
Apply for funding with AIIs 112111 the right code for a beef cattle ranch?
Yes, if your business raises beef cattle on pasture or range. The code for cattle feedlots is 112112. 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 112111?
The SBA size standard for 112111 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 cattle ranchers use?
Livestock operations use operating lines for feed and inputs, livestock loans secured by the herd or flock, equipment loans for trucks, trailers and handling gear, and farm real estate or SBA 7(a) loans for land and barns. Lenders look at herd size and health, grazing leases and cattle price swings. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 112111 cover?
Beef cattle ranching and farming. Industry level code in NAICS 2022, under 11 Agriculture, forestry, fishing and hunting, 112 Animal production and aquaculture, 1121 Cattle ranching and farming, 11211 Beef cattle ranching and farming, including feedlots.
What financing do NAICS 112111 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 112111?
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.