NAICS 321215: Engineered wood member manufacturing
NAICS 321215 is the industry code for engineered wood member manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 321215 covers
Businesses classified here make engineered structural wood such as roof and floor trusses, glued laminated beams, laminated veneer lumber and I joists.
Included in this code
- Roof and floor trusses
- Glulam beams
- Laminated veneer lumber
- Wood I joists
- Cross laminated timber
Not this code
- Framing contractors: see 238130 Framing contractors
- Plywood: see 321212 Softwood veneer and plywood manufacturing
Businesses that use 321215
Financing for this trade
Manufacturers here use equipment loans and leases for truss assembly lines, saws and presses, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at builder customers, lumber costs and backlog.
Apply for funding with AIIs 321215 the right code for an engineered wood or truss maker?
Yes, if your business makes trusses, glulam beams, LVL or other engineered wood. The code for framing contractors is 238130. 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 321215?
The SBA size standard for 321215 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 engineered wood makers use?
Manufacturers here use equipment loans and leases for truss assembly lines, saws and presses, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at builder customers, lumber costs and backlog. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 321215 cover?
Engineered wood member manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 321 Wood product manufacturing, 3212 Veneer, plywood, and engineered wood product manufacturing, 32121 Veneer, plywood, and engineered wood product manufacturing.
What financing do NAICS 321215 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 321215?
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.