SBA Standard NAICS 324110 USA

SBA Size Standard: NAICS 324110 Petroleum Refineries — Small Business Threshold

Size Standard

1,500

SBA Description

Petroleum Refineries4

[4]: NAICS code 324110 – To qualify as small for purposes of Government procurement, the petroleum refiner, including its affiliates, must be a concern that has either no more than 1,500 employees or no more than 200,000 barrels per calendar day total Operable Atmospheric Crude Oil Distillation capacity. Capacity includes all domestic and foreign affiliates, all owned or leased facilities, and all facilities under a processing agreement or an arrangement such as an exchange agreement or a throughput. To qualify under the capacity size standard, the firm, together with its affiliates, must be primarily engaged in refining crude petroleum into refined petroleum products. A firm’s “primary industry” is determined in accordance with 13 CFR § 121.107.

Threshold from SBA Changes Receipts

Petroleum Refineries4

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Official data

Feature	Description
Official name	SBA Table of Small Business Size Standards
Maintained by	U.S. Small Business Administration (SBA)
Purpose	Defines who qualifies as a small business under each NAICS code
Primary use	Set-aside contracts, SBA lending, certifications, and SAM.gov compliance
This threshold	1,500

1 Use this SBA standard when checking if your business qualifies as small under NAICS 324110.

2 Use it before bidding on federal set-aside contracts or certifying size status in SAM.gov.

3 Use it when reviewing whether growth in receipts or employees changes your eligibility.

4 Use it when comparing the industry code itself with the compliance threshold tied to that code.