Powered by LevrNAICS 335311: Power, distribution, and specialty transformer manufacturing
NAICS 335311 is the industry code for power, distribution, and specialty transformer manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 335311 covers
This code covers makers of power, distribution and specialty transformers, such as utility transformers, pad mounted transformers, ballasts and voltage regulators.
Included in this code
- Distribution and power transformers
- Pad mounted transformers
- Specialty and instrument transformers
- Lighting ballasts
- Voltage regulators
Not this code
- Electronic transformers and coils: see 334416 Capacitor, resistor, coil, transformer, and other inductor manufacturing
- Switchgear: see 335313 Switchgear and switchboard apparatus manufacturing
- Transformer repair services: see 811310 Commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance
Businesses that use 335311
Financing for this trade
Transformer makers finance winding and testing equipment with equipment loans and use asset based lines for copper, steel and receivables. Lenders look at utility backlog and metal costs.
Apply for funding with AIIs 335311 the right code for a power and distribution transformer manufacturer?
Yes, if you manufacture power, distribution or specialty transformers or ballasts. Small electronic transformers for circuit boards belong in 334416, and switchgear in 335313. Shops that mainly rebuild transformers for utilities may use repair codes. 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 335311?
Under 13 CFR 121.201, a business classified under NAICS 335311 is small if it averages no more than 800 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 transformer makers finance large backlogs?
Transformer demand has been strong, so makers often need larger revolving lines to buy copper and electrical steel ahead of shipments, plus equipment loans to add winding and testing capacity. Utility progress payments help. Lenders look at backlog, metal pricing terms and customer credit.
What does NAICS 335311 cover?
Power, distribution, and specialty transformer manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 335 Electrical equipment, appliance, and component manufacturing, 3353 Electrical equipment manufacturing, 33531 Electrical equipment manufacturing.
What financing do NAICS 335311 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 335311?
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.