Powered by LevrNAICS 311230: Breakfast cereal manufacturing
NAICS 311230 is the industry code for breakfast cereal manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 311230 covers
Businesses classified here make breakfast cereal, both ready to eat and hot cereals, including granola.
Included in this code
- Ready to eat cereal
- Oatmeal and hot cereal
- Granola
- Puffed cereal
Not this code
- Granola bars and snacks: see 311340 Nonchocolate confectionery manufacturing
- Flour milling: see 311211 Flour milling
Businesses that use 311230
Financing for this trade
Food makers use equipment loans for extruders, ovens and packaging lines, asset based lines on inventory and grocery receivables, invoice factoring, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at retailer concentration, slotting costs and brand growth.
Apply for funding with AIIs 311230 the right code for a breakfast cereal maker?
Yes, if your business makes breakfast cereal or granola. The code for granola bars and snacks is 311340. 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 311230?
The SBA size standard for 311230 is 1,300 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 cereal manufacturers use?
Food makers use equipment loans for extruders, ovens and packaging lines, asset based lines on inventory and grocery receivables, invoice factoring, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at retailer concentration, slotting costs and brand growth. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 311230 cover?
Breakfast cereal manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 311 Food manufacturing, 3112 Grain and oilseed milling, 31123 Breakfast cereal manufacturing.
What financing do NAICS 311230 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for manufacturing businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 311230?
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.