Powered by LevrNAICS 325411: Medicinal and botanical manufacturing
NAICS 325411 is the industry code for medicinal and botanical manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 325411 covers
Businesses classified here make bulk medicinal chemicals and botanical products, such as vitamins, alkaloids and herbal extracts, by grading, grinding and extracting.
Included in this code
- Bulk vitamins
- Botanical extracts
- Bulk medicinal chemicals
- Herbal ingredient grinding
- Alkaloids
Not this code
- Finished pharmaceutical preparations: see 325412 Pharmaceutical preparation manufacturing
- Spices and food extracts: see 311942 Spice and extract manufacturing
Businesses that use 325411
Financing for this trade
Pharmaceutical and life science makers use equipment loans for production and lab equipment, SBA 504 for facilities, asset based lines on distributor receivables, and venture debt or royalty financing at earlier stages. Lenders look at FDA registration and GMP inspection history, customer contracts and product concentration.
Apply for funding with AIIs 325411 the right code for a botanical or supplement ingredient maker?
Yes, if your business makes bulk medicinal chemicals, vitamins or botanical extracts. The code for finished pharmaceutical preparations is 325412. 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 325411?
The SBA size standard for 325411 is 1,000 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 medicinal and botanical makers use?
Pharmaceutical and life science makers use equipment loans for production and lab equipment, SBA 504 for facilities, asset based lines on distributor receivables, and venture debt or royalty financing at earlier stages. Lenders look at FDA registration and GMP inspection history, customer contracts and product concentration. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 325411 cover?
Medicinal and botanical manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 325 Chemical manufacturing, 3254 Pharmaceutical and medicine manufacturing, 32541 Pharmaceutical and medicine manufacturing.
What financing do NAICS 325411 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 325411?
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.