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NAICS 315120, industry

NAICS 315120: Apparel knitting mills

NAICS 315120 is the industry code for apparel knitting mills. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.

What 315120 covers

Businesses classified here knit apparel directly from yarn, such as hosiery, socks, sweaters and knit underwear.

New in NAICS 2022, combining hosiery and sock mills (315110) and other apparel knitting mills (315190).

Included in this code

  • Socks and hosiery
  • Sweaters
  • Knit underwear
  • Knit outerwear

Not this code

Businesses that use 315120

Sock millSweater knitter

Financing for this trade

Manufacturers here use equipment loans and leases for knitting machines, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at retailer concentration and import competition.

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Is 315120 the right code for an apparel knitting mill?

Yes, if your business knits apparel like socks, hosiery or sweaters directly from yarn. The code for cut and sew from knit fabric is 315250. 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 315120?

The SBA size standard for 315120 is 850 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 knit apparel makers use?

Manufacturers here use equipment loans and leases for knitting machines, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at retailer concentration and import competition. Lenders that already fund this trade move faster because they know how to read its cash cycle.

What does NAICS 315120 cover?

Apparel knitting mills. Industry level code in NAICS 2022, under 31-33 Manufacturing, 315 Apparel manufacturing, 3151 Apparel knitting mills, 31512 Apparel knitting mills.

What financing do NAICS 315120 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 315120?

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.