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NAICS 112120, industry

NAICS 112120: Dairy cattle and milk production

NAICS 112120 is the industry code for dairy cattle and milk production. 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 112120 covers

Farms classified here milk cows and sell the raw milk, usually to a processor or cooperative. Dairies that bottle or make cheese from their own milk may belong in manufacturing.

Included in this code

  • Dairy farms
  • Raw milk production
  • Dairy heifer raising for your own herd
  • Organic dairies

Not this code

Businesses that use 112120

Wisconsin family dairyLarge freestall dairyOrganic grass fed dairy

Financing for this trade

Dairies use livestock loans on the herd, equipment loans for milking parlors, robots, tractors and feed wagons, operating lines for feed and real estate loans for barns. Lenders look at milk checks and cooperative contracts, herd production per cow and cost of feed.

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Is 112120 the right code for a dairy farm?

Yes, if your business milks cows and sells raw milk. The code for fluid milk processing and bottling is 311511. 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 112120?

The SBA size standard for 112120 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 dairy farmers use?

Dairies use livestock loans on the herd, equipment loans for milking parlors, robots, tractors and feed wagons, operating lines for feed and real estate loans for barns. Lenders look at milk checks and cooperative contracts, herd production per cow and cost of feed. Lenders that already fund this trade move faster because they know how to read its cash cycle.

What does NAICS 112120 cover?

Dairy cattle and milk production. Industry level code in NAICS 2022, under 11 Agriculture, forestry, fishing and hunting, 112 Animal production and aquaculture, 1121 Cattle ranching and farming, 11212 Dairy cattle and milk production.

What financing do NAICS 112120 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 112120?

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.