NAICS 333515: Cutting tool and machine tool accessory manufacturing
NAICS 333515 is the industry code for cutting tool and machine tool accessory manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 333515 covers
This code covers makers of cutting tools and accessories for machine tools, such as drill bits, end mills, taps, inserts, chucks and tool holders.
Included in this code
- Drill bits and end mills
- Taps and dies for threading
- Carbide inserts
- Chucks and tool holders
- Measuring tools for machinists
Not this code
- Hand tools: see 332216 Saw blade and handtool manufacturing
- Machine tools: see 333517 Machine tool manufacturing
- Special dies and fixtures: see 333514 Special die and tool, die set, jig, and fixture manufacturing
Businesses that use 333515
Financing for this trade
Cutting tool makers finance CNC grinders with equipment loans and use lines of credit for carbide inventory. Lenders look at distributor relationships and industrial demand cycles.
Apply for funding with AIIs 333515 the right code for a cutting tool or machine tool accessory manufacturer?
Yes, if you make cutting tools, inserts, tool holders or precision measuring tools for machine shops. Hand tools belong in 332216 and the machines themselves in 333517. Tool regrinding shops that also make custom tools usually choose 333515. 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 333515?
Under 13 CFR 121.201, a business classified under NAICS 333515 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.
How do cutting tool makers finance grinders?
CNC tool grinders are expensive and hold value well, so equipment loans are the usual tool, including for used machines. A revolving line covers carbide rod and finished inventory. Lenders look at distributor and end user concentration and the shop record through manufacturing cycles.
What does NAICS 333515 cover?
Cutting tool and machine tool accessory manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 333 Machinery manufacturing, 3335 Metalworking machinery manufacturing, 33351 Metalworking machinery manufacturing.
What financing do NAICS 333515 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 333515?
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.