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NAICS 541620, industry

NAICS 541620: Environmental consulting services

NAICS 541620 is the industry code for environmental consulting services. 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 541620 covers

Environmental consultants advise on environmental issues such as site assessments, contamination, permitting, regulatory compliance and impact studies. They identify and plan, while the actual cleanup is done by remediation contractors.

Included in this code

  • Phase I and Phase II environmental site assessments
  • Environmental permitting and compliance
  • Environmental impact studies
  • Stormwater and air quality consulting
  • Wetland delineation
  • Asbestos and lead surveys

Not this code

Businesses that use 541620

Phase I ESA consultantEnvironmental compliance firmWetland consultantAir permitting consultancy

Financing for this trade

Environmental consultants finance field equipment, sampling gear and trucks with equipment and vehicle loans, and use lines of credit or factoring for receivables from developers, lenders and agencies. Lenders look at professional liability coverage, client mix and how tied revenue is to real estate transactions.

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Is 541620 the right code for an environmental consulting firm?

Yes, if your work is assessing, permitting and advising on environmental issues. Firms doing Phase I and Phase II site assessments, air and stormwater permitting, wetland delineations and asbestos surveys belong here. If you physically remove contamination, use 562910. If you mainly run lab analyses on samples for others, 541380 is closer.

What is the SBA size standard for 541620?

SBA sets the size standard for 541620 at $19 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Environmental consulting 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 environmental consulting firms fall well inside the limit, so size is rarely what decides an SBA application.

What financing do environmental consulting firms use?

Common products are vehicle loans for field trucks, equipment financing for sampling and monitoring gear, and a line of credit or factoring for invoices to developers and government agencies. SBA 7(a) loans fund growth. Lenders look at repeat clients, pollution and professional liability insurance, and real estate cycle exposure.

What does NAICS 541620 cover?

Environmental consulting services. Industry level code in NAICS 2022, under 54 Professional, scientific, and technical services, 541 Professional, scientific, and technical services, 5416 Management, scientific, and technical consulting services, 54162 Environmental consulting services.

What financing do NAICS 541620 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 541620?

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.