Powered by LevrNAICS 311514: Dry, condensed, and evaporated dairy product manufacturing
NAICS 311514 is the industry code for dry, condensed, and evaporated dairy product manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 311514 covers
Businesses classified here make dry, condensed and evaporated dairy products such as milk powder, whey protein, infant formula bases and coffee creamer.
Included in this code
- Milk powder
- Whey protein and dry whey
- Evaporated and condensed milk
- Dairy based infant formula
- Nondairy creamer
Not this code
- Fluid milk: see 311511 Fluid milk manufacturing
- Cheese: see 311513 Cheese manufacturing
Businesses that use 311514
Financing for this trade
Food makers use equipment loans for spray dryers and evaporators, asset based lines on inventory and grocery receivables, invoice factoring, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at export exposure, milk supply and energy costs.
Apply for funding with AIIs 311514 the right code for a dry or condensed dairy product maker?
Yes, if your business makes milk powder, whey, condensed milk or similar dairy products. The code for fluid milk is 311511. 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 311514?
The SBA size standard for 311514 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 dry dairy processors use?
Food makers use equipment loans for spray dryers and evaporators, asset based lines on inventory and grocery receivables, invoice factoring, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at export exposure, milk supply and energy costs. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 311514 cover?
Dry, condensed, and evaporated dairy product manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 311 Food manufacturing, 3115 Dairy product manufacturing, 31151 Dairy product (except frozen) manufacturing.
What financing do NAICS 311514 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 311514?
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.