NAICS 316210: Footwear manufacturing
NAICS 316210 is the industry code for footwear manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 316210 covers
Businesses classified here make footwear of any material, including shoes, boots, sandals and slippers.
Included in this code
- Athletic shoes
- Boots
- Dress shoes
- Sandals and slippers
- Rubber and plastic footwear
Not this code
- Shoe repair: see 811430 Footwear and leather goods repair
- Shoe wholesalers: see 424340 Footwear merchant wholesalers
Businesses that use 316210
Financing for this trade
Manufacturers here use equipment loans and leases for lasting, cutting and stitching machines, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at retailer concentration, inventory and import competition.
Apply for funding with AIIs 316210 the right code for a footwear manufacturer?
Yes, if your business makes shoes, boots or other footwear. The code for shoe repair is 811430. 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 316210?
The SBA size standard for 316210 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 footwear makers use?
Manufacturers here use equipment loans and leases for lasting, cutting and stitching machines, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at retailer concentration, inventory and import competition. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 316210 cover?
Footwear manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 316 Leather and allied product manufacturing, 3162 Footwear manufacturing, 31621 Footwear manufacturing.
What financing do NAICS 316210 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 316210?
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.