NAICS 311314: Cane sugar manufacturing
NAICS 311314 is the industry code for cane sugar manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 311314 covers
Businesses classified here process sugarcane into raw sugar or refine raw cane sugar into refined sugar and syrups.
Included in this code
- Raw cane sugar mills
- Cane sugar refining
- Cane syrup and molasses
Not this code
- Sugarcane farming: see 111930 Sugarcane farming
- Beet sugar: see 311313 Beet sugar manufacturing
Businesses that use 311314
Financing for this trade
Food makers use equipment loans for mill and refinery 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 supply, energy costs and offtake contracts.
Apply for funding with AIIs 311314 the right code for a cane sugar mill or refinery?
Yes, if your business mills or refines cane sugar. The code for sugarcane farming is 111930. 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 311314?
The SBA size standard for 311314 is 1,050 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 cane sugar processors use?
Food makers use equipment loans for mill and refinery 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 supply, energy costs and offtake contracts. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 311314 cover?
Cane 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 311314 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 311314?
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.