Powered by LevrNAICS 512250: Record production and distribution
NAICS 512250 is the industry code for record production and distribution. Use it on loan applications, tax forms and registrations. Explore financing for technology and start your application when you are ready.
What 512250 covers
Record production and distribution companies produce and release sound recordings and distribute them to stores and streaming services.
Included in this code
- Record labels
- Music distribution companies
- Independent labels
Not this code
- Recording studios: see 512240 Sound recording studios
- Music publishers: see 512230 Music publishers
- Disc manufacturing: see 334610 Manufacturing and reproducing magnetic and optical media
Businesses that use 512250
Financing for this trade
Labels borrow against master recording catalogs and streaming royalties, and fund new releases with distributor advances or lines of credit. Lenders review royalty statements, streaming trends and distribution agreements.
Apply for funding with AIIs 512250 the right code for a record label?
Yes, if you produce and release recordings and distribute them. Studios renting time use 512240, and publishers of compositions use 512230. If your work overlaps, also read the definitions for 512240 (sound recording studios) and 512230 (music publishers), then choose the code that matches your largest source of revenue.
What is the SBA size standard for 512250?
The SBA size standard for 512250 is 900 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 record label under that headcount counts as small for SBA 7(a) and 504 loans and for federal small business contracts, whatever its revenue.
How do record labels get financing?
Labels borrow against master catalogs and streaming royalties, often from specialty music lenders. Lenders review royalty reports, distribution agreements and catalog performance, and new releases are often funded by label equity or advances from distributors. 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 512250 cover?
Record production and distribution. Industry level code in NAICS 2022, under 51 Information, 512 Motion picture and sound recording industries, 5122 Sound recording industries, 51225 Record production and distribution.
What financing do NAICS 512250 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for technology businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 512250?
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.