Powered by LevrNAICS 332420: Metal tank (Heavy gauge) manufacturing
NAICS 332420 is the industry code for metal tank (heavy gauge) manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 332420 covers
This code covers makers of heavy gauge metal tanks and pressure vessels, such as storage tanks, propane cylinders, truck tanks and above ground fuel tanks.
Included in this code
- Bulk storage tanks
- Propane and compressed gas cylinders
- Above ground and underground fuel tanks
- Pressure vessels
- Tanks for truck bodies
Not this code
- Light gauge metal containers: see 332439 Other metal container manufacturing
- Plastic tanks: see 326199 All other plastics product manufacturing
- Tank installation contractors: see 238290 Other building equipment contractors
Businesses that use 332420
Financing for this trade
Tank makers finance rolling, welding and blasting equipment with equipment loans and run lines of credit for steel and receivables. Lenders look at energy sector demand and certifications.
Apply for funding with AIIs 332420 the right code for a metal tank manufacturer?
Yes, if you fabricate heavy gauge metal tanks or pressure vessels. Light gauge drums, pails and containers fit 332439, and plastic tanks fit 326199. Tank trailers built as complete trailers usually belong in 336212 rather than 332420. ASME pressure vessel shops commonly use 332420.
What is the SBA size standard for 332420?
Under 13 CFR 121.201, a business classified under NAICS 332420 is small if it averages no more than 750 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 tank fabricators use?
Tank fabricators commonly use equipment loans for plate rolls, automatic welders and blast and paint systems. A revolving line covers steel plate and receivables, and large custom orders may use progress billing. Lenders look at certifications, backlog and exposure to oil, gas and propane markets.
What does NAICS 332420 cover?
Metal tank (Heavy gauge) manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 332 Fabricated metal product manufacturing, 3324 Boiler, tank, and shipping container manufacturing, 33242 Metal tank (Heavy gauge) manufacturing.
What financing do NAICS 332420 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 332420?
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.