NAICS 316110: Leather and hide tanning and finishing
NAICS 316110 is the industry code for leather and hide tanning and finishing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 316110 covers
Businesses classified here tan, cure and finish hides and skins into leather, including fur dressing.
Included in this code
- Leather tanning
- Hide finishing
- Fur dressing
- Leather embossing
Not this code
- Leather goods: see 316990 Other leather and allied product manufacturing
- Rendering: see 311613 Rendering and meat byproduct processing
Businesses that use 316110
Financing for this trade
Manufacturers here use equipment loans and leases for tanning drums and finishing equipment, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at environmental permits, hide supply and customer concentration.
Apply for funding with AIIs 316110 the right code for a tannery?
Yes, if your business tans or finishes leather. The code for leather goods is 316990. 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 316110?
The SBA size standard for 316110 is 800 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 tanneries use?
Manufacturers here use equipment loans and leases for tanning drums and finishing equipment, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at environmental permits, hide supply and customer concentration. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 316110 cover?
Leather and hide tanning and finishing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 316 Leather and allied product manufacturing, 3161 Leather and hide tanning and finishing, 31611 Leather and hide tanning and finishing.
What financing do NAICS 316110 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 316110?
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.