Powered by LevrNAICS 333132: Oil and gas field machinery and equipment manufacturing
NAICS 333132 is the industry code for oil and gas field machinery and equipment manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 333132 covers
This code covers makers of machinery and equipment used in oil and gas drilling and production, such as drilling rigs, rotary tools, wellheads, pumping units and fracturing equipment.
Included in this code
- Drilling rigs and rig components
- Wellhead and Christmas tree assemblies
- Oil field pumping units
- Fracturing and well service equipment
- Drill bits and downhole tools
Not this code
- Oil and gas field services: see 213112 Support activities for oil and gas operations
- Mining machinery: see 333131 Mining machinery and equipment manufacturing
- Oil field equipment dealers: see 423830 Industrial machinery and equipment merchant wholesalers
Businesses that use 333132
Financing for this trade
Oil field equipment makers finance machining and fabrication with equipment loans and use asset based lines on inventory and receivables. Lenders look closely at oil price cycles, rig counts and customer concentration.
Apply for funding with AIIs 333132 the right code for an oil and gas field machinery manufacturer?
Yes, if you manufacture equipment for drilling, completing or producing oil and gas wells. Companies providing services at the wellsite, even with their own equipment, belong in 213112. Distributors of oil field supplies use 423830, and general industrial valves use 332911. Pick the code that matches the work bringing in most of your revenue, since lenders compare it to your tax return.
What is the SBA size standard for 333132?
Under 13 CFR 121.201, a business classified under NAICS 333132 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.
How do oil field equipment makers manage downturns?
Because demand swings with drilling activity, lenders size revolving lines conservatively and watch inventory closely. Makers often use asset based lines that adjust with receivables, plus equipment loans for CNC machining centers. Strong balance sheets and diversified customers help secure financing through the cycle.
What does NAICS 333132 cover?
Oil and gas field machinery and equipment manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 333 Machinery manufacturing, 3331 Agriculture, construction, and mining machinery manufacturing, 33313 Mining and oil and gas field machinery manufacturing.
What financing do NAICS 333132 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 333132?
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.