Powered by LevrNAICS 327993: Mineral wool manufacturing
NAICS 327993 is the industry code for mineral wool manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 327993 covers
This code covers makers of mineral wool, including fiberglass insulation and rock or slag wool, and products made from it such as insulation batts and acoustical panels.
Included in this code
- Fiberglass insulation
- Rock and slag wool
- Acoustical mineral fiber panels
- Pipe and duct insulation of mineral wool
Not this code
- Insulation contractors: see 238310 Drywall and insulation contractors
- Glass fiber for textiles: see 327212 Other pressed and blown glass and glassware manufacturing
- Insulation wholesaling: see 423330 Roofing, siding, and insulation material merchant wholesalers
Businesses that use 327993
Financing for this trade
Mineral wool producers finance furnaces and forming lines with term and equipment loans and use asset based lines for inventory and distributor receivables. Lenders look at construction cycles and energy costs.
Apply for funding with AIIs 327993 the right code for a mineral wool insulation manufacturer?
Yes, if you make fiberglass or rock wool insulation or mineral fiber acoustical products. Installing insulation belongs in 238310 and distributing it in 423330. Continuous glass fiber made for textiles or reinforcement generally belongs in 327212 rather than 327993, even when made by an insulation company.
What is the SBA size standard for 327993?
Under 13 CFR 121.201, a business classified under NAICS 327993 is small if it averages no more than 1,500 employees, counting affiliates, over the prior 24 months. SBA uses that number for loan eligibility and federal agencies use it for small business set asides. A firm above it can still qualify for SBA 7(a) and 504 loans under the alternative standard of $15 million tangible net worth and $5 million average net income.
What do lenders look at for insulation manufacturers?
Lenders review exposure to residential and commercial construction, energy costs for melting, and the concentration of sales through a few distributors or big box retailers. Furnaces and forming lines are financed with term debt, and inventory and receivables with an asset based revolving line.
What does NAICS 327993 cover?
Mineral wool manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 327 Nonmetallic mineral product manufacturing, 3279 Other nonmetallic mineral product manufacturing, 32799 All other nonmetallic mineral product manufacturing.
What financing do NAICS 327993 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 327993?
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.