Powered by LevrNAICS 541990: All other professional, scientific, and technical services
NAICS 541990 is the industry code for all other professional, scientific, and technical services. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 541990 covers
This catchall covers professional, scientific and technical services not classified elsewhere, such as weather forecasting, appraisal of items other than real estate, patent brokering, pricing services, utility bill auditing and some expert services.
Included in this code
- Personal property and art appraisal
- Weather forecasting services
- Patent broker services
- Utility bill audit services
- Pricing and valuation services
- Interior inspection of cargo and marine surveys
Not this code
- Real estate appraisal: see 531320 Offices of real estate appraisers
- Management consulting: see 541611 Administrative management and general management consulting services
- Testing laboratories: see 541380 Testing laboratories and services
Businesses that use 541990
Financing for this trade
Firms here are typically service businesses that finance with business lines of credit, receivables factoring and SBA 7(a) loans. Lenders focus on contract revenue, client concentration and the owner's credit since collateral is limited.
Apply for funding with AIIs 541990 the right code for a professional service business not covered elsewhere?
Yes, if your professional or technical service does not fit any other code in sector 54. Art and personal property appraisers, weather forecasters, marine surveyors, utility bill auditors and patent brokers commonly use 541990. Check first whether a more specific code fits, such as 541611 for consulting or 531320 for real estate appraisal.
What is the SBA size standard for 541990?
SBA sets the size standard for 541990 at $19.5 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Other professional service 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 other professional service firms fall well inside the limit, so size is rarely what decides an SBA application.
What financing do specialty professional firms use?
Most use a business line of credit and business credit card, invoice factoring if clients pay on terms, and SBA 7(a) loans to expand. Lenders look at contract revenue, repeat clients and personal credit since there is little equipment or real estate to pledge.
What does NAICS 541990 cover?
All other professional, scientific, and technical services. Industry level code in NAICS 2022, under 54 Professional, scientific, and technical services, 541 Professional, scientific, and technical services, 5419 Other professional, scientific, and technical services, 54199 All other professional, scientific, and technical services.
What financing do NAICS 541990 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 541990?
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.