NAICS 335220: Major household appliance manufacturing
NAICS 335220 is the industry code for major household appliance manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 335220 covers
This code covers makers of major household appliances, such as refrigerators, freezers, ranges, ovens, dishwashers, washers, dryers and water heaters.
New in NAICS 2022, combining the former 335221, 335222, 335224 and 335228 household appliance codes.
Included in this code
- Refrigerators and freezers
- Ranges, ovens and cooktops
- Dishwashers
- Washers and dryers
- Water heaters for home use
Not this code
- Small electrical appliances: see 335210 Small electrical appliance manufacturing
- Commercial refrigeration: see 333415 Air-Conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing
- Appliance stores: see 449210 Electronics and appliance retailers
Businesses that use 335220
Financing for this trade
Major appliance makers rely on large term facilities, asset based lines and equipment financing. Lenders look at retailer and builder channel concentration and raw material costs.
Apply for funding with AIIs 335220 the right code for a major household appliance manufacturer?
Yes, if you make major appliances like refrigerators, ranges, dishwashers, washers, dryers or residential water heaters. Small appliances belong in 335210, commercial refrigeration in 333415 and appliance retailers in 449210. 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 335220?
Under 13 CFR 121.201, a business classified under NAICS 335220 is small if it averages no more than 1,500 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 appliance manufacturers use?
Appliance makers use asset based lines secured by inventory and retailer receivables, plus term loans and equipment financing for stamping, enameling and assembly lines. Lenders look at steel and component costs, retailer concentration and warranty reserves. Current financial statements and a receivables aging report speed up any of these approvals.
What does NAICS 335220 cover?
Major household appliance manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 335 Electrical equipment, appliance, and component manufacturing, 3352 Household appliance manufacturing, 33522 Major household appliance manufacturing.
What financing do NAICS 335220 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 335220?
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.