Powered by LevrNAICS 324122: Asphalt shingle and coating materials manufacturing
NAICS 324122 is the industry code for asphalt shingle and coating materials manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 324122 covers
Businesses classified here make asphalt shingles, roofing felts, roof coatings and similar materials.
Included in this code
- Asphalt shingles
- Roofing felts and rolls
- Roof coatings and cements
- Asphalt saturated materials
Not this code
- Roofing contractors: see 238160 Roofing contractors
- Asphalt paving mixtures: see 324121 Asphalt paving mixture and block manufacturing
Businesses that use 324122
Financing for this trade
Manufacturers here use equipment loans and leases for production lines and storage, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at distributor concentration, asphalt costs and storm driven demand.
Apply for funding with AIIs 324122 the right code for an asphalt shingle or roofing material maker?
Yes, if your business makes asphalt shingles, roofing felts or roof coatings. The code for roofing contractors is 238160. 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 324122?
The SBA size standard for 324122 is 1,100 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 roofing material makers use?
Manufacturers here use equipment loans and leases for production lines and storage, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at distributor concentration, asphalt costs and storm driven demand. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 324122 cover?
Asphalt shingle and coating materials 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 324122 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 324122?
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.