Powered by LevrNAICS 331491: Nonferrous metal (except copper and aluminum) rolling, drawing, and extruding
NAICS 331491 is the industry code for nonferrous metal (except copper and aluminum) rolling, drawing, and extruding. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 331491 covers
This code covers businesses that roll, draw or extrude nonferrous metals other than copper and aluminum, such as titanium, nickel, zinc, lead and precious metal sheet, wire and tube.
Included in this code
- Titanium sheet, bar and tube
- Nickel alloy wire and strip
- Precious metal sheet and wire
- Lead and zinc sheet
- Tin and solder wire
Not this code
- Copper rolling and drawing: see 331420 Copper rolling, drawing, extruding, and alloying
- Aluminum rolling and extruding: see 331318 Other aluminum rolling, drawing, and extruding
- Jewelry making: see 339910 Jewelry and silverware manufacturing
Businesses that use 331491
Financing for this trade
Specialty metal processors use asset based lines secured by high value metal inventory and equipment loans for mills. Lenders look at aerospace and medical customer contracts and metal price exposure.
Apply for funding with AIIs 331491 the right code for a nonferrous metal rolling or drawing company (except copper and aluminum)?
Yes, if you roll, draw or extrude metals such as titanium, nickel, precious metals, lead or zinc. Copper uses 331420 and aluminum uses 331315 or 331318. Jewelers that work precious metal into finished pieces belong in 339910 instead, even if they draw their own wire.
What is the SBA size standard for 331491?
Under 13 CFR 121.201, a business classified under NAICS 331491 is small if it averages no more than 900 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 financing do specialty alloy processors use?
Because inventories of titanium, nickel and precious metals are very valuable, these processors often borrow against inventory and receivables through an asset based line, and some use precious metal consignment or lease programs. Equipment loans cover rolling mills and drawing benches. Lenders look at aerospace and defense contracts.
What does NAICS 331491 cover?
Nonferrous metal (except copper and aluminum) rolling, drawing, and extruding. Industry level code in NAICS 2022, under 31-33 Manufacturing, 331 Primary metal manufacturing, 3314 Nonferrous metal (except aluminum) production and processing, 33149 Nonferrous metal (except copper and aluminum) rolling, drawing, extruding, and alloying.
What financing do NAICS 331491 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 331491?
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.