Powered by LevrNAICS 424710: Petroleum bulk stations and terminals
NAICS 424710 is the industry code for petroleum bulk stations and terminals. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 424710 covers
This code covers bulk stations and terminals that store petroleum products in tanks and sell them at wholesale, such as fuel jobbers with bulk plants that supply gas stations, farms and fleets.
Included in this code
- Petroleum bulk stations
- Fuel terminals selling wholesale
- Bulk plant fuel jobbers
- Propane bulk stations selling wholesale
Not this code
- Fuel wholesalers without bulk storage: see 424720 Petroleum and petroleum products merchant wholesalers (except bulk stations and terminals)
- Heating oil and propane delivery to homes: see 457210 Fuel dealers
- Pipeline terminals: see 486910 Pipeline transportation of refined petroleum products
Businesses that use 424710
Financing for this trade
Fuel jobbers use revolving lines to buy product, tank wagon and transport truck financing, and real estate loans on bulk plants. Lenders focus on environmental compliance, supplier contracts and fuel price risk.
Apply for funding with AIIs 424710 the right code for a bulk fuel terminal operator?
Yes, if you operate bulk tanks or a terminal and sell gasoline, diesel or other petroleum products wholesale. If you sell fuel wholesale without owning bulk storage, use 424720. Companies delivering heating oil or propane to households use 457210, and retail gas stations use 4571 codes.
What is the SBA size standard for 424710?
The SBA size standard for 424710 is 225 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 bulk fuel terminal operator 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 fuel jobbers use?
Fuel jobbers need large working capital lines because product is paid for within days while customers buy on terms. They finance transports, tank wagons and bulk plant upgrades with equipment and real estate loans, and SBA 7(a) loans fund jobber acquisitions. Lenders review supply agreements, environmental reports and tank compliance.
What does NAICS 424710 cover?
Petroleum bulk stations and terminals. Industry level code in NAICS 2022, under 42 Wholesale trade, 424 Merchant wholesalers, nondurable goods, 4247 Petroleum and petroleum products merchant wholesalers, 42471 Petroleum bulk stations and terminals.
What financing do NAICS 424710 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 424710?
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.