NAICS 325110: Petrochemical manufacturing
NAICS 325110 is the industry code for petrochemical manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 325110 covers
Businesses classified here make basic petrochemicals such as ethylene, propylene, benzene and butadiene from petroleum or natural gas.
Included in this code
- Ethylene
- Propylene
- Benzene, toluene and xylene
- Butadiene
- Cyclic and aliphatic petrochemicals
Not this code
- Refineries: see 324110 Petroleum refineries
- Plastic resins: see 325211 Plastics material and resin manufacturing
Businesses that use 325110
Financing for this trade
Manufacturers here use equipment loans and leases for process units, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at feedstock contracts, energy costs and environmental permits.
Apply for funding with AIIs 325110 the right code for a petrochemical plant?
Yes, if your business makes basic petrochemicals like ethylene, propylene or benzene. 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 325110?
The SBA size standard for 325110 is 1,300 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 petrochemical producers use?
Manufacturers here use equipment loans and leases for process units, asset based lines on receivables and inventory, and SBA 504 or 7(a) loans for plants and expansions. Lenders look at feedstock contracts, energy costs and environmental permits. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 325110 cover?
Petrochemical manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 325 Chemical manufacturing, 3251 Basic chemical manufacturing, 32511 Petrochemical manufacturing.
What financing do NAICS 325110 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 325110?
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.