Powered by LevrNAICS 321912: Cut stock, resawing lumber, and planing
NAICS 321912 is the industry code for cut stock, resawing lumber, and planing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 321912 covers
Businesses classified here plane, resaw and cut purchased lumber into dimension stock, cut stock and blanks.
Included in this code
- Planing purchased lumber
- Resawing
- Dimension and cut stock
- Furniture blanks
Not this code
- Sawmills sawing logs: see 321113 Sawmills
- Millwork: see 321918 Other millwork (including flooring)
Businesses that use 321912
Financing for this trade
Manufacturers here use equipment loans and leases for planers, resaws and moulders, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at customer concentration and lumber price swings.
Apply for funding with AIIs 321912 the right code for a lumber planing or resawing mill?
Yes, if your business planes, resaws or cuts purchased lumber into stock. The code for sawmills sawing logs is 321113. 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 321912?
The SBA size standard for 321912 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 planing mills use?
Manufacturers here use equipment loans and leases for planers, resaws and moulders, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at customer concentration and lumber price swings. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 321912 cover?
Cut stock, resawing lumber, and planing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 321 Wood product manufacturing, 3219 Other wood product manufacturing, 32191 Millwork.
What financing do NAICS 321912 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 321912?
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.