Powered by LevrNAICS 562112: Hazardous waste collection
NAICS 562112 is the industry code for hazardous waste collection. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 562112 covers
These companies collect and haul hazardous waste such as chemicals, used oil, medical waste and contaminated materials, and may operate transfer facilities for it.
Included in this code
- Hazardous waste collection
- Medical waste hauling
- Used oil collection
- Chemical waste transport
- Hazardous waste transfer stations
Not this code
- Hazardous waste treatment and disposal: see 562211 Hazardous waste treatment and disposal
- Solid waste collection: see 562111 Solid waste collection
- Remediation: see 562910 Remediation services
Businesses that use 562112
Financing for this trade
Hazardous waste haulers finance specialized tankers and trucks with equipment loans, and use lines of credit and SBA 7(a) loans. Lenders look at EPA and DOT permits, environmental liability coverage and contracts.
Apply for funding with AIIs 562112 the right code for a hazardous waste hauler?
Yes, if you collect and transport hazardous waste such as chemicals, medical waste or used oil. If you treat or dispose of hazardous waste at a facility, use 562211. Ordinary trash collection uses 562111. Operators of hazardous waste transfer stations also belong here. Haulers that also treat the waste should use the code for the larger activity.
What is the SBA size standard for 562112?
SBA sets the size standard for 562112 at $47 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Hazardous waste collection companies at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent hazardous waste collection companies fall well inside the limit, so size is rarely what decides an SBA application.
What financing do hazardous waste haulers use?
Equipment loans and leases fund tankers, vacuum trucks and specialized containers, and a line of credit covers working capital. Lenders look at permits, environmental insurance, safety records and long term generator contracts. SBA 7(a) loans can also fund growth or acquisitions.
What does NAICS 562112 cover?
Hazardous waste collection. Industry level code in NAICS 2022, under 56 Administrative and support and waste management and remediation services, 562 Waste management and remediation services, 5621 Waste collection, 56211 Waste collection.
What financing do NAICS 562112 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for professional services businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 562112?
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.