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NAICS 483114, industry

NAICS 483114: Coastal and great lakes passenger transportation

NAICS 483114 is the industry code for coastal and great lakes passenger transportation. Use it on loan applications, tax forms and registrations. Explore financing for trucking and logistics and start your application when you are ready.

What 483114 covers

Coastal and Great Lakes passenger carriers operate passenger vessels and ferries along coasts and on the Great Lakes.

Included in this code

  • Coastal ferries
  • Great Lakes passenger ships
  • Coastal cruise ships
  • Island ferry services

Not this code

Businesses that use 483114

Island ferry serviceCoastal cruise line

Financing for this trade

Ferry operators finance vessels with ship mortgages, Title XI guarantees and federal ferry grants. Lenders look at ridership and public contracts.

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Is 483114 the right code for a ferry operator?

Yes, if you carry passengers on coastal or Great Lakes routes. River and lake ferries use 483212, and sightseeing cruises use 487210. If your work overlaps, also read the definitions for 483212 (inland water passenger transportation) and 487210 (scenic and sightseeing transportation, water), then choose the code that matches your largest source of revenue.

What is the SBA size standard for 483114?

The SBA size standard for 483114 is 550 employees. SBA counts the average number of people on payroll, full time, part time and temporary, over the last 24 months, and adds in any affiliates. A ferry operator under that headcount counts as small for SBA 7(a) and 504 loans and for federal small business contracts, whatever its revenue.

How are ferry operators financed?

Vessels are financed with ship mortgages, Title XI guarantees for US built vessels and Federal Transit Administration ferry grants for public routes. Lenders weigh ridership, contracts with governments and maintenance costs. Expect lenders to ask for receivables and payables agings, recent bank statements and a debt schedule, which also help a broker match the request to the right lender quickly.

What does NAICS 483114 cover?

Coastal and great lakes passenger transportation. Industry level code in NAICS 2022, under 48-49 Transportation and warehousing, 483 Water transportation, 4831 Deep sea, coastal, and great lakes water transportation, 48311 Deep sea, coastal, and great lakes water transportation.

What financing do NAICS 483114 businesses use?

Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for trucking and logistics businesses. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 483114?

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.