NAICS Code 424720 — Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
National Industry in the official 2022 North American Industry Classification System (U.S. Census Bureau). It is the only national industry under 42472 (Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)).
| Code | 424720 |
|---|---|
| Title | Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) |
| Level | National Industry (6-digit) |
| Edition | NAICS 2022 edition |
| SBA size standard | 200 employees |
Official definition (2022 NAICS)
This industry comprises establishments primarily engaged in the merchant wholesale distribution of petroleum and petroleum products (except from bulk liquid storage facilities).
Illustrative Examples:
Gasoline merchant wholesalers (except bulk stations, terminals)
Lubricating oil and grease merchant wholesalers (except bulk stations, terminals)
Bottled liquid petroleum gas merchant wholesalers
Fuel oil merchant wholesalers (except bulk stations, terminals)
Is a business under 424720 "small"?
Under the SBA size standards (13 CFR 121.201, effective March 17, 2023), a business classified in NAICS 424720 qualifies as a small business if it does not exceed 200 employees. Small-business status determines eligibility for federal set-aside contracts, SAM.gov certifications and SBA loan programs — employee count is averaged over the latest 24 months.
Where 424720 sits in the hierarchy
| Level | Code | Title |
|---|---|---|
| Sector | 42 | Wholesale Trade |
| Subsector | 424 | Merchant Wholesalers, Nondurable Goods |
| Industry Group | 4247 | Petroleum and Petroleum Products Merchant Wholesalers |
| NAICS Industry | 42472 | Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) |
| National Industry | 424720 | Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) |
Related SIC codes
Via the official U.S. Census concordance (1987 SIC ↔ NAICS), shown only where the industry definition is unchanged in NAICS 2022.
| SIC code | Title |
|---|---|
5172 | Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals |
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Data: official 2022 NAICS structure, descriptions and Census concordances, U.S. Census Bureau — U.S. government works in the public domain (17 U.S.C. §105). Suggested reference, not an official determination.