NAICS 314110: Carpet and rug mills
NAICS 314110 is the industry code for carpet and rug mills. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 314110 covers
Businesses classified here make carpets and rugs from textile materials, including tufted carpet and woven rugs.
Included in this code
- Tufted carpet
- Woven rugs
- Carpet tiles
- Bath mats and rugs
Not this code
- Flooring installation: see 238330 Flooring contractors
- Rubber or vinyl floor coverings: see 326199 All other plastics product manufacturing
Businesses that use 314110
Financing for this trade
Manufacturers here use equipment loans and leases for tufting and finishing lines, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at housing demand, customer concentration and fiber costs.
Apply for funding with AIIs 314110 the right code for a carpet or rug mill?
Yes, if your business makes carpets or rugs. The code for flooring installation is 238330. 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 314110?
The SBA size standard for 314110 is 1,500 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 carpet makers use?
Manufacturers here use equipment loans and leases for tufting and finishing lines, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at housing demand, customer concentration and fiber costs. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 314110 cover?
Carpet and rug mills. Industry level code in NAICS 2022, under 31-33 Manufacturing, 314 Textile product mills, 3141 Textile furnishings mills, 31411 Carpet and rug mills.
What financing do NAICS 314110 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 314110?
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.