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NAICS 311423, industry

NAICS 311423: Dried and dehydrated food manufacturing

NAICS 311423 is the industry code for dried and dehydrated food 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 311423 covers

Businesses classified here dry and dehydrate fruits and vegetables and make dry soup mixes and bouillon.

Included in this code

  • Dried fruit and raisins
  • Dehydrated vegetables
  • Dry soup mixes and bouillon
  • Freeze dried fruit

Not this code

Businesses that use 311423

Raisin packerDehydrated onion plantDry soup mix maker

Financing for this trade

Food makers use equipment loans for dehydrators, freeze dryers 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 grower supply and seasonal inventory.

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Is 311423 the right code for a dried food maker?

Yes, if your business dries or dehydrates fruits or vegetables or makes dry soup mixes. The code for grape vineyards drying their own raisins is 111332. 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 311423?

The SBA size standard for 311423 is 750 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 dried food makers use?

Food makers use equipment loans for dehydrators, freeze dryers 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 grower supply and seasonal inventory. Lenders that already fund this trade move faster because they know how to read its cash cycle.

What does NAICS 311423 cover?

Dried and dehydrated food manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 311 Food manufacturing, 3114 Fruit and vegetable preserving and specialty food manufacturing, 31142 Fruit and vegetable canning, pickling, and drying.

What financing do NAICS 311423 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 311423?

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.