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NAICS 311351, industry

NAICS 311351: Chocolate and confectionery manufacturing from cacao beans

NAICS 311351 is the industry code for chocolate and confectionery manufacturing from cacao beans. 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 311351 covers

Businesses classified here make chocolate and cocoa products starting from cacao beans, including bean to bar makers and cocoa processors.

Included in this code

  • Bean to bar chocolate
  • Cocoa powder and butter
  • Couverture chocolate
  • Chocolate candy from cacao beans

Not this code

Businesses that use 311351

Craft bean to bar chocolatierCocoa processor

Financing for this trade

Food makers use equipment loans for roasters, refiners and tempering machines, asset based lines on inventory and grocery receivables, invoice factoring, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at cocoa price exposure, retail and wholesale channels and holiday seasonality.

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Is 311351 the right code for a bean to bar chocolate maker?

Yes, if your business makes chocolate starting from cacao beans. The code for candy from purchased chocolate 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 311351?

The SBA size standard for 311351 is 1,250 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 chocolate makers use?

Food makers use equipment loans for roasters, refiners and tempering machines, asset based lines on inventory and grocery receivables, invoice factoring, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at cocoa price exposure, retail and wholesale channels and holiday seasonality. Lenders that already fund this trade move faster because they know how to read its cash cycle.

What does NAICS 311351 cover?

Chocolate and confectionery manufacturing from cacao beans. Industry level code in NAICS 2022, under 31-33 Manufacturing, 311 Food manufacturing, 3113 Sugar and confectionery product manufacturing, 31135 Chocolate and confectionery manufacturing.

What financing do NAICS 311351 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 311351?

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.