Powered by LevrNAICS 424520: Livestock merchant wholesalers
NAICS 424520 is the industry code for livestock 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 424520 covers
This code covers wholesale dealers in livestock such as cattle, hogs, sheep and goats, including livestock auctions and order buyers who buy and resell animals.
Included in this code
- Cattle dealers and order buyers
- Livestock auction markets
- Hog and sheep dealers
- Horse and mule dealers
Not this code
- Cattle feedlots: see 112112 Cattle feedlots
- Meat packing: see 311611 Animal (except poultry) slaughtering
- Pet stores: see 459910 Pet and pet supplies retailers
Businesses that use 424520
Financing for this trade
Livestock dealers use operating lines from agricultural lenders and bonding required under the Packers and Stockyards Act. Lenders review dealer bonds, price risk and buyer credit.
Apply for funding with AIIs 424520 the right code for a livestock dealer?
Yes, if you buy and sell cattle, hogs, sheep or other livestock, or run a livestock auction. If you raise or feed livestock, use the 1121 to 1124 farming codes. Meat packers use 311611. Horse and mule dealers are included here as well.
What is the SBA size standard for 424520?
The SBA size standard for 424520 is 125 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 livestock dealer 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 livestock dealers and auctions use?
They use revolving operating lines from agricultural lenders to pay for animals before resale, with the custodial account and bonding rules of the Packers and Stockyards Act in place. Sale barns finance facilities with real estate loans. Lenders look at volumes, bond coverage and buyer payment practices.
What does NAICS 424520 cover?
Livestock merchant wholesalers. Industry level code in NAICS 2022, under 42 Wholesale trade, 424 Merchant wholesalers, nondurable goods, 4245 Farm product raw material merchant wholesalers, 42452 Livestock merchant wholesalers.
What financing do NAICS 424520 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 424520?
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.