NAICS 332710: Machine shops
NAICS 332710 is the industry code for machine shops. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 332710 covers
This code covers job shops that machine metal and plastic parts to order using lathes, mills and CNC equipment, usually in small runs for other manufacturers. Most CNC job shops belong here.
Included in this code
- CNC milling and turning job shops
- Prototype machining
- Repair machining
- Precision parts machining
- Production machining on a job order basis
Not this code
- Precision turned products in high volume: see 332721 Precision turned product manufacturing
- Industrial mold and die making: see 333511 Industrial mold manufacturing
- Automotive repair machine shops: see 811111 General automotive repair
Businesses that use 332710
Financing for this trade
Machine shops finance CNC machines with equipment loans, often quickly and with the machine as collateral, and use lines of credit or factoring for OEM receivables. Lenders look at customer concentration, spindle utilization and certifications such as AS9100.
Apply for funding with AIIs 332710 the right code for a machine shop?
Yes, if you machine parts to customer drawings on a job order basis. High volume screw machine work often fits 332721, and shops that build molds and dies belong in 333511 or 333514. Engine machine shops that rebuild car engines for the public use automotive repair codes.
What is the SBA size standard for 332710?
Under 13 CFR 121.201, a business classified under NAICS 332710 is small if it averages no more than 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 financing do CNC machine shops use?
Most shops grow by adding CNC machines through equipment loans or leases, which often approve on the machine value and shop history. A line of credit or invoice factoring covers the wait on OEM payments. SBA 7(a) loans are widely used for buying an established shop or building.
What does NAICS 332710 cover?
Machine shops. Industry level code in NAICS 2022, under 31-33 Manufacturing, 332 Fabricated metal product manufacturing, 3327 Machine shops; turned product; and screw, nut, and bolt manufacturing, 33271 Machine shops.
What financing do NAICS 332710 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 332710?
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.