Powered by LevrNAICS 611420: Computer training
NAICS 611420 is the industry code for computer training. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 611420 covers
Computer training providers teach software applications, programming, networking, cybersecurity and IT certifications. Coding bootcamps and certification prep centers fit here.
Included in this code
- IT certification training
- Coding bootcamps
- Software application training
- Cybersecurity training
- Computer repair training
Not this code
- Business schools: see 611410 Business and secretarial schools
- Professional development: see 611430 Professional and management development training
- Colleges: see 611310 Colleges, universities, and professional schools
Businesses that use 611420
Financing for this trade
Training providers finance computers and labs with equipment loans, use lines of credit and SBA 7(a) loans, and some offer income share agreements funded by third parties. Lenders look at enrollment, corporate contracts and completion rates.
Apply for funding with AIIs 611420 the right code for a computer or IT training company?
Yes, if you teach computer skills such as programming, software, networking or IT certifications. Coding bootcamps commonly use 611420. If training is on leadership, sales or management, 611430 fits better. Degree granting programs use 611310. Corporate software trainers and cybersecurity certification centers also belong here, whether classes run in person or online.
What is the SBA size standard for 611420?
SBA sets the size standard for 611420 at $16 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Computer training providers 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 computer training providers fall well inside the limit, so size is rarely what decides an SBA application.
How do coding bootcamps fund growth?
Bootcamps typically use SBA 7(a) loans and lines of credit for working capital and equipment loans for computer labs, sometimes paired with third party student financing. Lenders look at enrollment trends, completion and job placement outcomes, and corporate training contracts.
What does NAICS 611420 cover?
Computer training. Industry level code in NAICS 2022, under 61 Educational services, 611 Educational services, 6114 Business schools and computer and management training, 61142 Computer training.
What financing do NAICS 611420 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 611420?
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.