NAICS 541360: Geophysical surveying and mapping services
NAICS 541360 is the industry code for geophysical surveying and mapping services. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 541360 covers
These firms gather and interpret data about what lies below the surface using seismic, magnetic, gravity, electrical and radar methods. Clients include oil and gas, mining, engineering and environmental projects. The output is maps and data sets, not drilling.
Included in this code
- Seismic surveying
- Magnetic and gravity surveys
- Ground penetrating radar surveys
- Geophysical mapping
- Electrical resistivity surveys
- Aerial geophysical surveys
Not this code
- Oil and gas exploration on a contract basis: see 213112 Support activities for oil and gas operations
- Surveying and mapping of surface features: see 541370 Surveying and mapping (except geophysical) services
- Mineral exploration for metals: see 213114 Support activities for metal mining
Businesses that use 541360
Financing for this trade
Geophysical firms rely on equipment financing and leases for seismic recorders, GPR units, drones and survey vehicles, plus lines of credit or receivables factoring to cover the wait on project invoices. Lenders weigh exposure to oil and gas and mining cycles, the concentration of revenue among a few clients, and the resale value of specialized gear.
Apply for funding with AIIs 541360 the right code for a geophysical survey company?
Yes, if your main work is measuring and interpreting subsurface conditions with seismic, magnetic, gravity, electrical or radar methods. Seismic crews, GPR utility locating services sold as surveys, and airborne magnetometer operators fit here. Firms that map surface boundaries and topography belong in 541370, and companies that drill or run full exploration programs for oil and gas fall under 213112.
What is the SBA size standard for 541360?
SBA sets the size standard for 541360 at $28.5 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Geophysical surveying 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 geophysical surveying firms fall well inside the limit, so size is rarely what decides an SBA application.
How do geophysical survey firms finance equipment?
Most finance seismic nodes, ground penetrating radar, magnetometers and survey trucks through equipment loans or leases secured by the gear itself. Project work is billed on long payment terms, so many also carry a line of credit or factor receivables. Lenders look at the client mix, energy and mining cycles, and how specialized the equipment is.
What does NAICS 541360 cover?
Geophysical surveying and mapping 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, 54136 Geophysical surveying and mapping services.
What financing do NAICS 541360 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 541360?
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.