Businesses in the US were serving both sides of the conflict.
1. https://en.wikipedia.org/wiki/IBM_and_the_Holocaust#cite_ref...
However, by 1940, it was very clear that the US was going to get dragged in anyways, and it would serve the US interests first to start preparing for war before it starts (note that the draft was instituted over a year before Pearl Harbor). Moreover, the US was neutral only in name: various acts passed more or less saying that the US would give aid to anybody so long as they were British or French. (Originally, it was cash-and-carry, but when Britain exhausted its cash reserves, it became Lend-Lease instead).
Also, the US formally joined the war in 1941, but were providing material support to the Allies and otherwise prepping before then.