Powered by LevrNAICS 445240: Meat retailers
NAICS 445240 is the industry code for meat retailers. Use it on loan applications, tax forms and registrations. Explore financing for retail and start your application when you are ready.
What 445240 covers
Meat retailers sell fresh, frozen or cured meats, including butcher shops, meat markets and freezer provisioners.
New code in NAICS 2022, replacing 445210 Meat Markets.
Included in this code
- Butcher shops
- Meat markets
- Freezer meat provisioners
- Halal and kosher meat shops
Not this code
- Meat wholesale: see 424470 Meat and meat product merchant wholesalers
- Meat processing plants: see 311612 Meat processed from carcasses
- Fish markets: see 445250 Fish and seafood retailers
Businesses that use 445240
Financing for this trade
Butcher shops finance meat cases, grinders, saws and walk in coolers with equipment loans, and buildouts with SBA 7(a) loans. Lenders look at margins and food safety inspections.
Apply for funding with AIIs 445240 the right code for a butcher shop?
Yes, if you sell meat to the public from a retail shop, including butchers who cut and package on site. If most sales go to restaurants, 424470 may fit. Slaughter and processing plants use 3116 codes. Owners in this trade most often weigh it against 424470 (meat and meat product merchant wholesalers) and 445250 (fish and seafood retailers). The right choice is the activity that brings in the most revenue, used the same way on tax returns and loan applications.
What is the SBA size standard for 445240?
The SBA size standard for 445240 is $9M in average annual receipts. SBA averages total gross receipts over the last five completed fiscal years and adds in any affiliates under common control. A butcher shop at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.
What financing do butcher shops use?
Equipment loans cover display cases, band saws, grinders and walk in coolers. SBA 7(a) loans fund buildouts or buying an existing shop. A working capital line helps with seasonal holiday demand. Lenders check health inspections, margins and lease terms. Businesses within the $9M SBA size standard can also use SBA 7(a) loans of up to $5 million for working capital, equipment or a buyout, and SBA 504 loans for owner occupied buildings.
What does NAICS 445240 cover?
Meat retailers. Industry level code in NAICS 2022, under 44-45 Retail trade, 445 Food and beverage retailers, 4452 Specialty food retailers, 44524 Meat retailers.
What financing do NAICS 445240 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for retail businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 445240?
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.