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NAICS 211130, industry

NAICS 211130: Natural gas extraction

NAICS 211130 is the industry code for natural gas extraction. Use it on loan applications, tax forms and registrations. Explore financing for energy services and start your application when you are ready.

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What 211130 covers

Businesses classified here produce natural gas and recover natural gas liquids at the field. Coal bed methane producers are included.

Included in this code

  • Natural gas production
  • Natural gas liquids recovery at the field
  • Coal bed methane
  • Gas well operation

Not this code

Businesses that use 211130

Marcellus gas producerCoal bed methane operatorGas processing plant at the field

Financing for this trade

Oil and gas producers use reserve based lending lines secured by proved reserves, equipment loans and working capital lines, while smaller operators lean on SBA 7(a) and asset based loans. Lenders look at reserve reports, decline curves, hedging and operator experience.

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Is 211130 the right code for a natural gas producer?

Yes, if your business produces natural gas or natural gas liquids. The code for crude oil production is 211120. 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 211130?

The SBA size standard for 211130 is 1,250 employees. A business at or under that headcount, counting affiliates, is small for SBA loans such as 7(a) and 504 and for federal contracting set asides. Employees are averaged across all pay periods over the past 24 months, including part time and temporary staff.

What financing do natural gas producers use?

Oil and gas producers use reserve based lending lines secured by proved reserves, equipment loans and working capital lines, while smaller operators lean on SBA 7(a) and asset based loans. Lenders look at reserve reports, decline curves, hedging and operator experience. Lenders that already fund this trade move faster because they know how to read its cash cycle.

What does NAICS 211130 cover?

Natural gas extraction. Industry level code in NAICS 2022, under 21 Mining, quarrying, and oil and gas extraction, 211 Oil and gas extraction, 2111 Oil and gas extraction, 21113 Natural gas extraction.

What financing do NAICS 211130 businesses use?

Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for energy services businesses. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 211130?

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.