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NAICS 562920, industry

NAICS 562920: Materials recovery facilities

NAICS 562920 is the industry code for materials recovery facilities. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.

What 562920 covers

Materials recovery facilities sort and separate mixed recyclables into commodities such as paper, plastics and metals for sale. Single stream MRFs and construction debris sorting facilities fit here.

Included in this code

  • Single stream recycling facilities
  • Construction and demolition debris sorting
  • Mixed recyclables separation
  • Commodity baling for sale

Businesses that use 562920

Single stream MRFC&D recycling facility

Financing for this trade

MRFs finance sorting lines, balers, optical sorters and loaders with equipment loans and leases, and facilities with SBA 504 or term loans. Lenders look at commodity price exposure, inbound tonnage contracts and tipping fees.

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Is 562920 the right code for a recycling sorting facility?

Yes, if you sort mixed recyclables or construction debris into commodities for sale. If you buy and sell scrap metal and paper as a dealer, 423930 fits better. If you mainly collect recycling curbside, use 562111. Composting operations belong in 562219.

What is the SBA size standard for 562920?

SBA sets the size standard for 562920 at $25 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Materials recovery facilities 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 materials recovery facilities fall well inside the limit, so size is rarely what decides an SBA application.

How do recycling facilities finance sorting equipment?

Balers, optical sorters, conveyors and loaders are typically financed with equipment loans or leases, and buildings with SBA 504 or term loans. Lenders weigh commodity price swings, contracted inbound tonnage and tipping fees, and the facility's permits and operating record.

What does NAICS 562920 cover?

Materials recovery facilities. Industry level code in NAICS 2022, under 56 Administrative and support and waste management and remediation services, 562 Waste management and remediation services, 5629 Remediation and other waste management services, 56292 Materials recovery facilities.

What financing do NAICS 562920 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 562920?

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.