Powered by LevrNAICS 332991: Ball and roller bearing manufacturing
NAICS 332991 is the industry code for ball and roller bearing manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 332991 covers
This code covers makers of ball and roller bearings and their parts, such as balls, rollers, races and mounted bearings.
Included in this code
- Ball bearings
- Tapered and cylindrical roller bearings
- Needle bearings
- Mounted bearings and housings
- Bearing balls and rollers
Not this code
- Plain bearings and bushings: see 333613 Mechanical power transmission equipment manufacturing
- Powder metal bearings: see 332117 Powder metallurgy part manufacturing
- Bearing wholesaling: see 423840 Industrial supplies merchant wholesalers
Businesses that use 332991
Financing for this trade
Bearing makers finance grinding and heat treating equipment with equipment loans and use asset based lines for inventory. Lenders look at automotive and industrial OEM concentration.
Apply for funding with AIIs 332991 the right code for a ball and roller bearing manufacturer?
Yes, if you make ball, roller or needle bearings or their components. Plain bearings and bushings belong in 333613, and sintered powder metal bearings in 332117. Distributors stocking bearings for maintenance customers use wholesale code 423840. If two codes seem to fit, the activity that produces the most revenue decides, and lenders will expect that same code everywhere.
What is the SBA size standard for 332991?
Under 13 CFR 121.201, a business classified under NAICS 332991 is small if it averages no more than 1,250 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 bearing manufacturers use?
Bearing plants rely on equipment loans for precision grinding, honing and heat treat equipment, plus an asset based line on steel and finished inventory. Lenders review OEM contracts, import competition and inventory levels, since bearing makers often stock many sizes for distribution.
What does NAICS 332991 cover?
Ball and roller bearing manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 332 Fabricated metal product manufacturing, 3329 Other fabricated metal product manufacturing, 33299 All other fabricated metal product manufacturing.
What financing do NAICS 332991 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 332991?
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.