Powered by LevrNAICS 311313: Beet sugar manufacturing
NAICS 311313 is the industry code for beet sugar manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 311313 covers
Businesses classified here process sugar beets into refined sugar, molasses and pulp.
Included in this code
- Beet sugar processing
- Beet pulp
- Beet molasses
Not this code
- Sugar beet farming: see 111991 Sugar beet farming
- Cane sugar: see 311314 Cane sugar manufacturing
Businesses that use 311313
Financing for this trade
Food makers use equipment loans for processing and evaporation equipment, asset based lines on inventory and grocery receivables, invoice factoring, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at grower contracts, energy costs and cooperative structure.
Apply for funding with AIIs 311313 the right code for a beet sugar factory?
Yes, if your business processes sugar beets into sugar. The code for sugar beet farming is 111991. 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 311313?
The SBA size standard for 311313 is 1,150 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 beet sugar processors use?
Food makers use equipment loans for processing and evaporation equipment, asset based lines on inventory and grocery receivables, invoice factoring, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at grower contracts, energy costs and cooperative structure. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 311313 cover?
Beet sugar manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 311 Food manufacturing, 3113 Sugar and confectionery product manufacturing, 31131 Sugar manufacturing.
What financing do NAICS 311313 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 311313?
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.