NAICS 237120: Oil and gas pipeline and related structures construction
NAICS 237120 is the industry code for oil and gas pipeline and related structures construction. Use it on loan applications, tax forms and registrations. Explore financing for construction and start your application when you are ready.
What 237120 covers
Businesses classified here build oil and gas pipelines, gathering lines, compressor stations and refinery or gas plant structures.
Included in this code
- Oil and gas pipeline construction
- Gathering line construction
- Gas main construction
- Compressor station construction
- Refinery construction
Not this code
- Running pipelines: see 486110 Pipeline transportation of crude oil
- Water and sewer lines: see 237110 Water and sewer line and related structures construction
- Oilfield services: see 213112 Support activities for oil and gas operations
Businesses that use 237120
Financing for this trade
Heavy civil contractors use equipment loans and leases for excavators, dozers and trucks, working capital lines sized to backlog and invoice factoring on public and prime contractor receivables. Lenders look at bonding capacity, work in progress schedules, retainage and backlog.
Apply for funding with AIIs 237120 the right code for an oil and gas pipeline contractor?
Yes, if your business builds oil or gas pipelines and related structures. The code for running pipelines is 486110. 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 237120?
The SBA size standard for 237120 is $45 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 pipeline contractors use?
Heavy civil contractors use equipment loans and leases for excavators, dozers and trucks, working capital lines sized to backlog and invoice factoring on public and prime contractor receivables. Lenders look at bonding capacity, work in progress schedules, retainage and backlog. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 237120 cover?
Oil and gas pipeline and related structures construction. Industry level code in NAICS 2022, under 23 Construction, 237 Heavy and civil engineering construction, 2371 Utility system construction, 23712 Oil and gas pipeline and related structures construction.
What financing do NAICS 237120 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for construction businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 237120?
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.