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NAICS 324199, industry

NAICS 324199: All other petroleum and coal products manufacturing

NAICS 324199 is the industry code for all other petroleum and coal products manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.

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What 324199 covers

Businesses classified here make petroleum and coal products not covered elsewhere, such as coke from coal, briquettes and petroleum jelly and waxes from purchased materials.

Included in this code

  • Coke ovens not tied to steel mills
  • Charcoal and fuel briquettes
  • Petroleum waxes from purchased oil
  • Calcined petroleum coke

Not this code

Businesses that use 324199

Coke plantBriquette maker

Financing for this trade

Manufacturers here use equipment loans and leases for ovens, kilns and handling equipment, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at feedstock costs, steel customer contracts and environmental compliance.

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Is 324199 the right code for a coke or petroleum product maker not classified elsewhere?

Yes, if your business makes coke, briquettes or other petroleum and coal products without their own code. The code for refineries is 324110. 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 324199?

The SBA size standard for 324199 is 950 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 petroleum and coal product makers use?

Manufacturers here use equipment loans and leases for ovens, kilns and handling equipment, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at feedstock costs, steel customer contracts and environmental compliance. Lenders that already fund this trade move faster because they know how to read its cash cycle.

What does NAICS 324199 cover?

All other petroleum and coal products manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 324 Petroleum and coal products manufacturing, 3241 Petroleum and coal products manufacturing, 32419 Other petroleum and coal products manufacturing.

What financing do NAICS 324199 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 324199?

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.