Powered by LevrNAICS 221117: Biomass electric power generation
NAICS 221117 is the industry code for biomass electric power generation. Use it on loan applications, tax forms and registrations. Explore financing for energy services and start your application when you are ready.
What 221117 covers
Businesses classified here generate electricity by burning or converting biomass such as wood waste, agricultural waste, landfill gas and biogas.
Included in this code
- Wood fired power plants
- Landfill gas to energy
- Biogas and anaerobic digester power
- Waste to energy plants
Not this code
- Fossil fuel power plants: see 221112 Fossil fuel electric power generation
- Solid waste landfills that do not sell power: see 562212 Solid waste landfill
Businesses that use 221117
Financing for this trade
Power producers use construction loans, project finance and term debt sized to contracted revenue, plus equipment financing for turbines, panels and inverters; smaller projects also use SBA 504 and USDA guarantees. Lenders look at the power purchase agreement, interconnection status and production history.
Apply for funding with AIIs 221117 the right code for a biomass power producer?
Yes, if your business generates electricity from biomass, biogas or landfill gas. The code for fossil fuel power plants is 221112. 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 221117?
The SBA size standard for 221117 is 550 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 biomass power producers use?
Power producers use construction loans, project finance and term debt sized to contracted revenue, plus equipment financing for turbines, panels and inverters; smaller projects also use SBA 504 and USDA guarantees. Lenders look at the power purchase agreement, interconnection status and production history. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 221117 cover?
Biomass electric power generation. Industry level code in NAICS 2022, under 22 Utilities, 221 Utilities, 2211 Electric power generation, transmission and distribution, 22111 Electric power generation.
What financing do NAICS 221117 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 221117?
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.