Powered by LevrNAICS 485111: Mixed mode transit systems
NAICS 485111 is the industry code for mixed mode transit systems. Use it on loan applications, tax forms and registrations. Explore financing for trucking and logistics and start your application when you are ready.
What 485111 covers
Mixed mode transit systems operate urban transit using more than one mode, such as bus and light rail, under one operation.
Included in this code
- Combined bus and rail urban transit systems
- Multimodal transit authorities
- Bus and ferry transit systems run as one operation
Not this code
- Commuter rail only: see 485112 Commuter rail systems
- Bus transit only: see 485113 Bus and other motor vehicle transit systems
- Light rail only: see 485119 Other urban transit systems
Businesses that use 485111
Financing for this trade
Transit systems rely on federal and state grants, bonds and leases. Private contractors finance equipment with loans and leases.
Apply for funding with AIIs 485111 the right code for a mixed mode transit system?
Yes, if you run an urban transit system that combines two or more modes, such as bus and rail. Single mode operations use 485112, 485113 or 485119. The closest alternatives are 485112 (commuter rail systems) and 485113 (bus and other motor vehicle transit systems). Use whichever matches your largest revenue stream, and keep it consistent across tax filings, SBA forms and lender applications.
What is the SBA size standard for 485111?
The SBA size standard for 485111 is $29M in average annual receipts. SBA averages total gross receipts over the last five completed fiscal years and adds in any affiliates under common control. A mixed mode transit system at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.
How are mixed mode transit systems financed?
Public systems rely on Federal Transit Administration grants, local tax revenue and municipal bonds. Private contractors operating for agencies finance vehicles with equipment loans and leases backed by the operating contract. A broker who works with many lenders can line up bank, SBA and alternative offers side by side, which often matters more than chasing the lowest headline price.
What does NAICS 485111 cover?
Mixed mode transit systems. Industry level code in NAICS 2022, under 48-49 Transportation and warehousing, 485 Transit and ground passenger transportation, 4851 Urban transit systems, 48511 Urban transit systems.
What financing do NAICS 485111 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 485111?
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.