Powered by LevrNAICS 324121: Asphalt paving mixture and block manufacturing
NAICS 324121 is the industry code for asphalt paving mixture and block manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 324121 covers
Businesses classified here make asphalt paving mixtures and blocks from purchased asphalt and aggregate.
Included in this code
- Hot mix asphalt plants
- Asphalt paving blocks
- Cold patch asphalt
- Recycled asphalt production
Not this code
- Asphalt paving contractors: see 237310 Highway, street, and bridge construction
- Asphalt roofing: see 324122 Asphalt shingle and coating materials manufacturing
Businesses that use 324121
Financing for this trade
Manufacturers here use equipment loans and leases for drum mix plants, loaders and trucks, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at paving season swings, liquid asphalt costs and DOT contract backlog.
Apply for funding with AIIs 324121 the right code for an asphalt plant?
Yes, if your business makes asphalt paving mix. The code for asphalt paving contractors is 237310. 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 324121?
The SBA size standard for 324121 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 asphalt producers use?
Manufacturers here use equipment loans and leases for drum mix plants, loaders and trucks, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at paving season swings, liquid asphalt costs and DOT contract backlog. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 324121 cover?
Asphalt paving mixture and block manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 324 Petroleum and coal products manufacturing, 3241 Petroleum and coal products manufacturing, 32412 Asphalt paving, roofing, and saturated materials manufacturing.
What financing do NAICS 324121 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 324121?
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.