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NAICS 316990, industry

NAICS 316990: Other leather and allied product manufacturing

NAICS 316990 is the industry code for other leather and allied product manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.

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What 316990 covers

Businesses classified here make leather and allied goods other than footwear, such as luggage, handbags, wallets, saddles and leather gloves.

Included in this code

  • Luggage
  • Handbags and purses
  • Wallets and personal leather goods
  • Saddles and tack
  • Leather belts and straps
  • Leather work gloves

Not this code

Businesses that use 316990

Saddle makerHandbag brandLuggage manufacturer

Financing for this trade

Manufacturers here use equipment loans and leases for cutting, stitching and finishing equipment, 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 direct to consumer sales.

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Is 316990 the right code for a leather goods or luggage maker?

Yes, if your business makes luggage, handbags, saddles or other leather goods besides shoes. The code for footwear is 316210. 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 316990?

The SBA size standard for 316990 is 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 leather goods makers use?

Manufacturers here use equipment loans and leases for cutting, stitching and finishing equipment, 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 direct to consumer sales. Lenders that already fund this trade move faster because they know how to read its cash cycle.

What does NAICS 316990 cover?

Other leather and allied product manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 316 Leather and allied product manufacturing, 3169 Other leather and allied product manufacturing, 31699 Other leather and allied product manufacturing.

What financing do NAICS 316990 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 316990?

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.