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NAICS 112112, industry

NAICS 112112: Cattle feedlots

NAICS 112112 is the industry code for cattle feedlots. Use it on loan applications, tax forms and registrations. Explore financing for agriculture and start your application when you are ready.

What 112112 covers

Businesses classified here fatten cattle in feedlots before slaughter, either their own cattle or custom fed cattle for owners.

Included in this code

  • Cattle feedlots
  • Custom cattle feeding
  • Finishing yards

Not this code

Businesses that use 112112

Commercial feedyard in NebraskaCustom feeding operation

Financing for this trade

Feedlots use large revolving cattle lines secured by cattle on feed, feed financing, equipment loans for feed trucks and mills, and real estate loans for pens. Lenders look at hedging practices, packer contracts and risk controls on cattle and grain prices.

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Is 112112 the right code for a cattle feedlot?

Yes, if your business feeds cattle in a feedlot to finish them for slaughter. The code for cow calf ranching is 112111. 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 112112?

The SBA size standard for 112112 is $22 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 feedlot operators use?

Feedlots use large revolving cattle lines secured by cattle on feed, feed financing, equipment loans for feed trucks and mills, and real estate loans for pens. Lenders look at hedging practices, packer contracts and risk controls on cattle and grain prices. Lenders that already fund this trade move faster because they know how to read its cash cycle.

What does NAICS 112112 cover?

Cattle feedlots. 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 112112 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 112112?

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.