Powered by LevrNAICS 424410: General line grocery merchant wholesalers
NAICS 424410 is the industry code for general line grocery merchant wholesalers. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 424410 covers
General line grocery wholesalers carry a broad range of canned, dry, frozen and fresh foods, plus household products, and sell them to supermarkets, convenience stores and restaurants.
Included in this code
- Broadline grocery wholesale
- Grocery distribution to independent supermarkets
- Cash and carry grocery warehouses
- Food service broadline distributors
Not this code
- Specialty food wholesalers such as meat or produce: see 424470 Meat and meat product merchant wholesalers
- Supermarkets: see 445110 Supermarkets and other grocery retailers (except convenience retailers)
- Grocery brokers working on commission: see 425120 Wholesale trade agents and brokers
Businesses that use 424410
Financing for this trade
Grocery wholesalers use asset based lines secured by receivables and inventory, plus refrigerated truck and trailer financing. Lenders focus on razor thin margins, spoilage, customer credit and food safety compliance.
Apply for funding with AIIs 424410 the right code for a grocery wholesaler?
Yes, if you distribute a full line of groceries, from canned and dry goods to frozen and fresh items, to stores or food service customers. If you specialize in one category, such as produce, meat or frozen foods, use the specific 4244 code. Commission based food brokers use 425120.
What is the SBA size standard for 424410?
The SBA size standard for 424410 is 250 employees. SBA counts the average number of people on payroll, full time, part time and temporary, over the last 24 months, and adds in any affiliates. A grocery wholesaler under that headcount counts as small for SBA 7(a) and 504 loans and for federal small business contracts, whatever its revenue.
What financing do food distributors use?
A borrowing base line of credit secured by receivables and inventory is standard, with factoring for younger companies. Refrigerated trucks, trailers and warehouse racking are financed with equipment loans, and SBA 504 loans can fund a cold storage building. Lenders check customer payment habits, spoilage rates and food safety audits.
What does NAICS 424410 cover?
General line grocery merchant wholesalers. Industry level code in NAICS 2022, under 42 Wholesale trade, 424 Merchant wholesalers, nondurable goods, 4244 Grocery and related product merchant wholesalers, 42441 General line grocery merchant wholesalers.
What financing do NAICS 424410 businesses use?
Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 424410?
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.