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NAICS 531130, industry

NAICS 531130: Lessors of miniwarehouses and self-storage units

NAICS 531130 is the industry code for lessors of miniwarehouses and self-storage units. 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 531130 covers

Lessors of miniwarehouses and self storage units rent storage space to individuals and businesses. Boat and RV storage lots are included.

Included in this code

  • Self storage facilities
  • Miniwarehouses
  • Boat and RV storage lots
  • Portable storage unit rental

Not this code

Businesses that use 531130

Self storage facilityRV and boat storage lot

Financing for this trade

Self storage owners use bank loans, CMBS and construction loans. Lenders look at occupancy, rental rates and market supply.

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Is 531130 the right code for a self storage owner?

Yes, if you rent self storage units to the public. Warehouses storing goods for businesses use 493110. Owners in this trade most often weigh it against 493110 (general warehousing and storage) and 531120 (lessors of nonresidential buildings). The right choice is the activity that brings in the most revenue, used the same way on tax returns and loan applications.

What is the SBA size standard for 531130?

The SBA size standard for 531130 is $34M 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 self storage owner at or below that figure counts as small for SBA size purposes and federal small business contracts.

What financing do self storage owners use?

Bank construction loans fund new facilities, and stabilized properties refinance with bank, CMBS or life company loans. Lenders review occupancy, street rates, local supply and the operator's track record. 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 531130 cover?

Lessors of miniwarehouses and self-storage units. Industry level code in NAICS 2022, under 53 Real estate and rental and leasing, 531 Real estate, 5311 Lessors of real estate, 53113 Lessors of miniwarehouses and self-storage units.

What financing do NAICS 531130 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 531130?

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.