Manufacturing ·NAICS 333111

NAICS 333111 · IRS SOI 2023 · Census CBP

Farm Machinery and Equipment Manufacturing - Industry Benchmarks

73 SBA loans on record, $64M in volume, for NAICS 333111.

1K
Establishments
N/A
Workers employed
N/A
Avg payroll / employee
$64M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 333111

California leads Farm Machinery and Equipment Manufacturing activity nationally, across 1K establishments employing N/A workers. IRS SOI doesn't publish margin data at this NAICS level.

1K
Business establishments (Census)
N/A
Workers employed (Census CBP)
N/A
Avg payroll / employee
$64M
SBA lending, FY20–26

Benchmarking Insights for Farm Machinery and Equipment Manufacturing

Farm Machinery and Equipment Manufacturing sits inside Manufacturing.

1,120 establishments employ N/A workers. California leads employment, followed by Minnesota and Pennsylvania.

Employment

N/A

Total employees (Census CBP)

Avg Payroll / Employee

N/A

Annual compensation

Establishments

1,120

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

establishment count increased by 2. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Financial Detail

Top States by Employment

State Employment
California 3,974
Minnesota 2,341
Pennsylvania 1,642
Ohio 1,452
Indiana 1,169
South Dakota 1,148
Missouri 1,065
Idaho 888
North Carolina 820
Washington 780

Showing top 10 of 41 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

73

Total Loan Volume

$64M

Avg Loan Size

$871K

Jobs Supported

955

Program Breakdown

7(a) 58 (79%)
504 15 (21%)

Top SBA Lender

Live Oak Banking Company

4 loans in this industry

New Business Share

20.5% of borrowers were new/startup businesses

Annual Lending Trend (6 yrs)

2020
3
2021
8
2022
22
2023
13
2024
14
2025
13

View SBA lending rankings →

Frequently Asked Questions

How many businesses are in Farm Machinery and Equipment Manufacturing?
1,120 business establishments.
What is the average payroll per employee in Farm Machinery and Equipment Manufacturing?
Average payroll data for Farm Machinery and Equipment Manufacturing is not available in the current Census CBP dataset.
Which states have the most Farm Machinery and Equipment Manufacturing employment?
California leads with 3,974 workers. Minnesota (2,341) and Pennsylvania (1,642) round out the top three.
How much SBA lending does Farm Machinery and Equipment Manufacturing receive?
Farm Machinery and Equipment Manufacturing businesses received 73 SBA loans totaling $64 million between FY2020 and FY2026. The average loan size was $871K. These loans supported 955 jobs at origination. Most lending (79%) came through the SBA 7(a) program.

Benchmarking Farm Machinery and Equipment Manufacturing

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.

Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023

NAICS 333111 · Data year: 2023

According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.

Read our methodology - how this data is sourced, computed, and verified.

Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023

Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.