NAICS 488330: Navigational services to shipping
NAICS 488330 is the industry code for navigational services to shipping. Use it on loan applications, tax forms and registrations. Explore financing for trucking and logistics and start your application when you are ready.
What 488330 covers
Navigational services to shipping include tugboats, harbor pilots, ship docking and marine salvage. Marine salvage firms are included.
Included in this code
- Tugboat services
- Harbor pilots
- Marine salvage
- Ship docking assistance
Not this code
- Barge towing on rivers: see 483211 Inland water freight transportation
- Port operations: see 488310 Port and harbor operations
- Marine surveying: see 541990 All other professional, scientific, and technical services
Businesses that use 488330
Financing for this trade
Tug operators finance vessels with marine loans and Title XI guarantees. Lenders look at contracts and vessel condition.
Apply for funding with AIIs 488330 the right code for a tugboat and pilot service?
Yes, if you provide tug assistance, harbor piloting or salvage. Towing barges along rivers as freight transportation uses 483211. The closest alternatives are 483211 (inland water freight transportation) and 488310 (port and harbor operations). 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 488330?
The SBA size standard for 488330 is $47M 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 tugboat and pilot service at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.
What financing do tugboat companies use?
Tugs are financed with marine mortgages, sometimes with MARAD Title XI guarantees for US built vessels. Lenders look at harbor contracts, vessel age, drydock schedules and insurance. 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 488330 cover?
Navigational services to shipping. Industry level code in NAICS 2022, under 48-49 Transportation and warehousing, 488 Support activities for transportation, 4883 Support activities for water transportation, 48833 Navigational services to shipping.
What financing do NAICS 488330 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 488330?
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.