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NAICS 611519, industry

NAICS 611519: Other technical and trade schools

NAICS 611519 is the industry code for other technical and trade schools. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.

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What 611519 covers

Technical and trade schools train students for specific jobs such as welding, truck driving, HVAC, medical assisting, phlebotomy, auto mechanics and electronics, outside of degree programs. SBA applies a higher $47M standard for job corps center contracts.

Included in this code

  • Truck driving schools
  • Welding schools
  • HVAC and electrical trade schools
  • Medical assistant and phlebotomy schools
  • Automotive technician schools
  • Electronics technician schools

Not this code

Businesses that use 611519

CDL truck driving schoolWelding academyMedical assistant school

Financing for this trade

Trade schools finance trucks, welding booths, lab equipment and simulators with equipment loans, campuses with SBA 504 or 7(a) loans, and working capital with lines of credit. Lenders look at licensing, placement rates, enrollment and dependence on federal aid or workforce grants.

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Is 611519 the right code for a trade or technical school?

Yes, if you train students for specific occupations such as truck driving, welding, HVAC, medical assisting or auto repair. Beauty schools use 611511 and flight schools use 611512. Union apprenticeship centers use 611513. Degree granting colleges use 611210 or 611310.

What is the SBA size standard for 611519?

SBA sets the size standard for 611519 at $21 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Technical and trade 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 technical and trade schools fall well inside the limit, so size is rarely what decides an SBA application.

What financing do trade schools use?

Equipment loans fund training trucks, welding stations and lab gear, and SBA 7(a) or 504 loans fund campuses. A line of credit bridges tuition paid through workforce programs. Lenders look at enrollment, job placement rates, state approvals and dependence on third party funding.

What does NAICS 611519 cover?

Other technical and trade schools. Industry level code in NAICS 2022, under 61 Educational services, 611 Educational services, 6115 Technical and trade schools, 61151 Technical and trade schools.

What financing do NAICS 611519 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 611519?

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.