Powered by LevrNAICS 334516: Analytical laboratory instrument manufacturing
NAICS 334516 is the industry code for analytical laboratory instrument manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for technology and start your application when you are ready.
What 334516 covers
This code covers makers of laboratory instruments for analyzing the chemical or physical composition of materials, such as chromatographs, spectrometers, mass spectrometers and pH meters.
Included in this code
- Chromatographs
- Spectrometers and spectrophotometers
- Mass spectrometers
- Electron microscopes
- pH meters and laboratory analyzers
Not this code
- Laboratory glassware: see 327212 Other pressed and blown glass and glassware manufacturing
- Electrical test instruments: see 334515 Instrument manufacturing for measuring and testing electricity and electrical signals
- Medical diagnostic equipment: see 334510 Electromedical and electrotherapeutic apparatus manufacturing
Businesses that use 334516
Financing for this trade
Lab instrument makers rely on growth capital, receivables lines and equipment loans. Lenders look at research, pharma and government customer exposure.
Apply for funding with AIIs 334516 the right code for an analytical laboratory instrument maker?
Yes, if you make instruments that analyze chemical or physical properties in a lab. Electrical test instruments belong in 334515, medical diagnostic devices in 334510 and lab glassware in 327212. Distributors of lab equipment use 423490. 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 334516?
Under 13 CFR 121.201, a business classified under NAICS 334516 is small if it averages no more than 1,000 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 lab instrument makers finance growth?
These companies often combine equity with asset based lines on receivables from universities, pharmaceutical companies and government labs. Purchase order financing helps with large orders. Lenders look at gross margins, service revenue and exposure to research funding cycles. Current financial statements and a receivables aging report speed up any of these approvals.
What does NAICS 334516 cover?
Analytical laboratory instrument manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 334 Computer and electronic product manufacturing, 3345 Navigational, measuring, electromedical, and control instruments manufacturing, 33451 Navigational, measuring, electromedical, and control instruments manufacturing.
What financing do NAICS 334516 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for technology businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 334516?
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.