Powered by LevrNAICS 112410: Sheep farming
NAICS 112410 is the industry code for sheep farming. Use it on loan applications, tax forms and registrations. Explore financing for agriculture and start your application when you are ready.
What 112410 covers
Farms classified here raise sheep and lambs for meat, wool or milk, including feeding lambs.
Included in this code
- Sheep ranching
- Lamb feeding
- Wool production
- Sheep dairies
Not this code
- Goat farming: see 112420 Goat farming
- Wool scouring and processing: see 313110 Fiber, yarn, and thread mills
Businesses that use 112410
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 flock health, grazing leases and wool and lamb prices.
Apply for funding with AIIs 112410 the right code for a sheep farm?
Yes, if your business raises sheep or lambs. The code for goat farming is 112420. 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 112410?
The SBA size standard for 112410 is $3.5 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 sheep farmers 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 flock health, grazing leases and wool and lamb prices. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 112410 cover?
Sheep farming. Industry level code in NAICS 2022, under 11 Agriculture, forestry, fishing and hunting, 112 Animal production and aquaculture, 1124 Sheep and goat farming, 11241 Sheep farming.
What financing do NAICS 112410 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 112410?
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.