Powered by LevrNAICS 115116: Farm management services
NAICS 115116 is the industry code for farm management services. Use it on loan applications, tax forms and registrations. Explore financing for agriculture and start your application when you are ready.
What 115116 covers
Businesses classified here manage farms and orchards for owners, overseeing operations, budgets and crews on a contract or fee basis.
Included in this code
- Farm management services
- Orchard and vineyard management
- Agricultural property management
Not this code
- Farm labor contractors: see 115115 Farm labor contractors and crew leaders
- Agricultural consulting without operating control: see 541690 Other scientific and technical consulting services
Businesses that use 115116
Financing for this trade
Farm managers use working capital lines, SBA 7(a) loans for growth or acquisitions and equipment loans. Lenders look at management contract terms and client concentration.
Apply for funding with AIIs 115116 the right code for a farm management company?
Yes, if your business manages farms or orchards for their owners. The code for farm labor contractors is 115115. Pick the code that matches the activity earning most of your revenue, and use that same code on your tax return, loan applications and SBA forms so lenders see one consistent picture.
What is the SBA size standard for 115116?
The SBA size standard for 115116 is $15.5 million in average annual receipts. A business at or under that figure, counting affiliates, is small for SBA loans such as 7(a) and 504 and for federal contracting set asides. Receipts are averaged over the five most recently completed fiscal years.
What financing do farm managers use?
Farm managers use working capital lines, SBA 7(a) loans for growth or acquisitions and equipment loans. Lenders look at management contract terms and client concentration. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 115116 cover?
Farm management services. Industry level code in NAICS 2022, under 11 Agriculture, forestry, fishing and hunting, 115 Support activities for agriculture and forestry, 1151 Support activities for crop production, 11511 Support activities for crop production.
What financing do NAICS 115116 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for agriculture businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 115116?
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.