Powered by LevrNAICS 541350: Building inspection services
NAICS 541350 is the industry code for building inspection services. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 541350 covers
Businesses here inspect buildings for condition, code compliance and safety, usually before a sale, a refinance or a certificate of occupancy. Home inspectors, commercial property condition assessors and third party code inspectors working for municipalities all fit. The work is the inspection and the report, not the repair.
Included in this code
- Home inspection services
- Commercial property condition assessments
- Building code inspection on contract
- Construction draw and progress inspections
- Energy audits of buildings
- Prepurchase property inspections
Not this code
- Pest and termite inspection tied to treatment: see 561710 Exterminating and pest control services
- Engineering services and structural design: see 541330 Engineering services
- Real estate appraisal: see 531320 Offices of real estate appraisers
Businesses that use 541350
Financing for this trade
Inspection firms mostly borrow small: vehicle loans for inspector trucks, equipment financing for thermal cameras, drones and moisture meters, and a line of credit or SBA 7(a) loan to fund growth or buy out a retiring owner. Lenders look at referral volume from agents and lenders, how much revenue rides on home sales cycles, and license and errors and omissions coverage.
Apply for funding with AIIs 541350 the right code for a building or home inspection company?
Yes. 541350 is the code for businesses whose main service is inspecting buildings and writing condition or compliance reports. A licensed home inspector, a commercial property condition assessment firm and a contract building code inspector all belong here. If your company mainly does engineering design, use 541330. If you mainly appraise value for lenders, 531320 fits better.
What is the SBA size standard for 541350?
SBA sets the size standard for 541350 at $11.5 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Building inspection firms at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent building inspection firms fall well inside the limit, so size is rarely what decides an SBA application.
What financing do home inspection companies use?
Most use vehicle loans for inspector trucks, equipment financing for drones, thermal cameras and radon monitors, and a business line of credit to smooth slow housing months. Owners buying an established inspection franchise or a local firm often use an SBA 7(a) loan. Lenders focus on steady referral sources, licensing, and insurance coverage.
What does NAICS 541350 cover?
Building inspection services. Industry level code in NAICS 2022, under 54 Professional, scientific, and technical services, 541 Professional, scientific, and technical services, 5413 Architectural, engineering, and related services, 54135 Building inspection services.
What financing do NAICS 541350 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 541350?
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.