NAICS 321920: Wood container and pallet manufacturing
NAICS 321920 is the industry code for wood container and pallet manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 321920 covers
Businesses classified here make wood pallets, skids, crates, boxes and cooperage such as barrels.
Included in this code
- Wood pallets and skids
- Pallet recycling and repair
- Wood crates and boxes
- Barrels and cooperage
- Wire bound boxes
Not this code
- Plastic pallets: see 326199 All other plastics product manufacturing
- Corrugated boxes: see 322211 Corrugated and solid fiber box manufacturing
Businesses that use 321920
Financing for this trade
Manufacturers here use equipment loans and leases for nailing machines, saws and trucks, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at customer concentration, lumber costs and receivables.
Apply for funding with AIIs 321920 the right code for a pallet or wood container maker?
Yes, if your business makes or recycles wood pallets, crates or barrels. The code for plastic pallets is 326199. 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 321920?
The SBA size standard for 321920 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 pallet makers use?
Manufacturers here use equipment loans and leases for nailing machines, saws and trucks, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at customer concentration, lumber costs and receivables. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 321920 cover?
Wood container and pallet manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 321 Wood product manufacturing, 3219 Other wood product manufacturing, 32192 Wood container and pallet manufacturing.
What financing do NAICS 321920 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 321920?
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.