Powered by LevrNAICS 331420: Copper rolling, drawing, extruding, and alloying
NAICS 331420 is the industry code for copper rolling, drawing, extruding, and alloying. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 331420 covers
This code covers businesses that roll, draw, extrude and alloy copper and copper alloys like brass and bronze, including bare copper wire drawing and copper scrap remelting.
Included in this code
- Copper and brass sheet, strip and plate
- Copper tube and rod
- Bare copper wire drawing
- Copper alloy ingot from scrap
- Brass and bronze shapes
Not this code
- Insulated copper wire and cable: see 335929 Other communication and energy wire manufacturing
- Primary copper refining: see 331410 Nonferrous metal (except aluminum) smelting and refining
- Copper foundries: see 331529 Other nonferrous metal foundries (except die-casting)
Businesses that use 331420
Financing for this trade
Copper processors run asset based lines tied to copper inventory and use equipment loans for mills and drawing machines. Lenders look at copper price hedging and electrical and plumbing customer demand.
Apply for funding with AIIs 331420 the right code for a copper rolling, drawing or alloying company?
Yes, if you roll, draw, extrude or alloy copper or brass, or recover copper from scrap into ingot or shapes. Insulating copper wire into cable moves you to 335929, and casting copper parts in molds moves you to 331529. Primary refining from concentrate uses 331410.
What is the SBA size standard for 331420?
Under 13 CFR 121.201, a business classified under NAICS 331420 is small if it averages no more than 1,050 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.
How do copper mills handle metal price swings?
Most copper mills borrow on an asset based line that rises and falls with copper prices, and many hedge or pass through metal costs using pricing formulas tied to exchange prices. Lenders review hedge policies and inventory controls. Equipment loans finance rolling mills, drawing lines and annealing furnaces.
What does NAICS 331420 cover?
Copper rolling, drawing, extruding, and alloying. Industry level code in NAICS 2022, under 31-33 Manufacturing, 331 Primary metal manufacturing, 3314 Nonferrous metal (except aluminum) production and processing, 33142 Copper rolling, drawing, extruding, and alloying.
What financing do NAICS 331420 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 331420?
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.