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NAICS 521110, industry

NAICS 521110: Monetary authorities-central bank

NAICS 521110 is the industry code for monetary authorities-central bank. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.

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What 521110 covers

This code covers the Federal Reserve Banks and other monetary authorities that manage the money supply and act as banks for banks.

Included in this code

  • Federal Reserve Banks
  • Monetary authorities
  • Central bank operations

Not this code

Businesses that use 521110

Federal Reserve BankFederal Reserve branch office

Financing for this trade

Central banks fund themselves through their own balance sheets and do not borrow from commercial lenders. Private businesses never use this code, so it carries no small business financing angle.

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Is 521110 the right code for a central bank?

Yes, but only for the Federal Reserve Banks and monetary authorities. Commercial banks use 522110. Owners in this trade most often weigh it against 522110 (commercial banking) and 522320 (financial transactions processing, reserve, and clearinghouse activities). The right choice is the activity that brings in the most revenue, used the same way on tax returns and loan applications.

Is there an SBA size standard for 521110?

No small business size standard applies in practice, because the only organizations classified here are central banks such as the Federal Reserve Banks. Private businesses do not use this code, so the question of SBA loan or contracting eligibility does not arise. Commercial banks are sized by assets under 522110.

Do businesses use code 521110?

Only central banks and monetary authorities, such as the Federal Reserve Banks, use 521110. Private businesses never use it. 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 521110 cover?

Monetary authorities-central bank. Industry level code in NAICS 2022, under 52 Finance and insurance, 521 Monetary authorities-central bank, 5211 Monetary authorities-central bank, 52111 Monetary authorities-central bank.

What financing do NAICS 521110 businesses use?

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

Where do I put NAICS 521110?

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.