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NAICS 311340, industry

NAICS 311340: Nonchocolate confectionery manufacturing

NAICS 311340 is the industry code for nonchocolate confectionery manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.

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What 311340 covers

Businesses classified here make candy without chocolate, such as hard candy, gummies, mints, licorice and chewing gum.

Included in this code

  • Hard candy
  • Gummies and jellies
  • Chewing gum
  • Mints and lozenges
  • Marshmallows
  • Cotton candy and taffy

Not this code

Businesses that use 311340

Gummy brandSaltwater taffy makerGum company

Financing for this trade

Food makers use equipment loans for cookers, depositors and wrapping 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 seasonal holiday peaks, retailer concentration and sugar costs.

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Is 311340 the right code for a candy maker?

Yes, if your business makes candy, gum or confections without chocolate. The code for chocolate candy is 311352. 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 311340?

The SBA size standard for 311340 is 1,000 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 candy makers use?

Food makers use equipment loans for cookers, depositors and wrapping 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 seasonal holiday peaks, retailer concentration and sugar costs. Lenders that already fund this trade move faster because they know how to read its cash cycle.

What does NAICS 311340 cover?

Nonchocolate confectionery manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 311 Food manufacturing, 3113 Sugar and confectionery product manufacturing, 31134 Nonchocolate confectionery manufacturing.

What financing do NAICS 311340 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 311340?

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.