Powered by LevrNAICS 488320: Marine cargo handling
NAICS 488320 is the industry code for marine cargo handling. Use it on loan applications, tax forms and registrations. Explore financing for trucking and logistics and start your application when you are ready.
What 488320 covers
Marine cargo handling companies load and unload ships, including stevedoring and longshore services. Container terminal operators are included.
Included in this code
- Stevedoring
- Longshore services
- Container terminal operations
- Ship loading and unloading
Not this code
- Port operations: see 488310 Port and harbor operations
- Freight forwarding: see 488510 Freight transportation arrangement
- Warehousing: see 493110 General warehousing and storage
Businesses that use 488320
Financing for this trade
Stevedores finance cranes, reach stackers and yard tractors with equipment loans and use receivables lines. Lenders look at labor contracts and shipping line customers.
Apply for funding with AIIs 488320 the right code for a stevedoring company?
Yes, if you load and unload ships at ports. Port owners use 488310, and freight forwarders use 488510. Owners in this trade most often weigh it against 488310 (port and harbor operations) and 488510 (freight transportation arrangement). 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 488320?
The SBA size standard for 488320 is $47M 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 stevedoring company at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.
What financing do stevedoring companies use?
Cranes, top loaders and yard tractors are financed with equipment loans and leases, and receivables lines cover shipping lines that pay on terms. Lenders review terminal contracts, labor agreements and customer concentration. Businesses within the $47M 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 488320 cover?
Marine cargo handling. Industry level code in NAICS 2022, under 48-49 Transportation and warehousing, 488 Support activities for transportation, 4883 Support activities for water transportation, 48832 Marine cargo handling.
What financing do NAICS 488320 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for trucking and logistics businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 488320?
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.