Powered by LevrNAICS 611410: Business and secretarial schools
NAICS 611410 is the industry code for business and secretarial schools. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 611410 covers
These schools teach office and business skills such as bookkeeping, office administration, medical billing and coding, and court reporting, typically without granting academic degrees.
Included in this code
- Business schools offering certificates
- Medical billing and coding schools
- Secretarial schools
- Court reporting schools
- Bookkeeping training
Not this code
- Computer training: see 611420 Computer training
- Professional development training: see 611430 Professional and management development training
- Colleges granting degrees: see 611310 Colleges, universities, and professional schools
Businesses that use 611410
Financing for this trade
Career schools finance classrooms and equipment with SBA 7(a) and 504 loans and lines of credit, and many rely on student payment plans or financial aid. Lenders look at enrollment, completion and placement rates, and licensing.
Apply for funding with AIIs 611410 the right code for a business or secretarial school?
Yes, if you train students in office and business skills like bookkeeping, office administration, medical billing and coding or court reporting, mostly through certificate programs. Software and IT training uses 611420. Corporate leadership and management courses use 611430. Court reporting academies and medical coding schools are typical businesses in 611410.
What is the SBA size standard for 611410?
SBA sets the size standard for 611410 at $20.5 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Business and secretarial schools 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 business and secretarial schools fall well inside the limit, so size is rarely what decides an SBA application.
What financing do career schools use?
Common choices are SBA 7(a) loans for buildouts and working capital, SBA 504 loans for owned buildings, and equipment loans for computers and classroom technology. Lenders look at enrollment trends, graduation and placement outcomes, state approval and dependence on financial aid.
What does NAICS 611410 cover?
Business and secretarial schools. Industry level code in NAICS 2022, under 61 Educational services, 611 Educational services, 6114 Business schools and computer and management training, 61141 Business and secretarial schools.
What financing do NAICS 611410 businesses use?
Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 611410?
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.