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NAICS 611620, industry

NAICS 611620: Sports and recreation instruction

NAICS 611620 is the industry code for sports and recreation instruction. 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 611620 covers

These businesses teach sports and recreational skills, such as martial arts, gymnastics, swimming, golf, tennis, yoga instruction and sports camps without lodging.

Included in this code

  • Martial arts studios
  • Gymnastics schools
  • Swim schools
  • Golf and tennis instruction
  • Sports academies and camps
  • Yoga instruction

Not this code

Businesses that use 611620

Karate dojoGymnastics academySwim schoolYouth baseball training facility

Financing for this trade

Instruction businesses finance mats, equipment and facility buildouts with SBA 7(a) and equipment loans, and franchise buyers use SBA 7(a). Lenders look at recurring membership tuition, retention and lease terms.

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Is 611620 the right code for a sports or martial arts instruction business?

Yes, if you teach a sport or recreational skill, such as martial arts, gymnastics, swimming, golf or tennis. If your main revenue is gym memberships for self directed workouts, use 713940. Dance and music instruction uses 611610. Yoga instruction, swim schools and youth sports academies also fit here.

What is the SBA size standard for 611620?

SBA sets the size standard for 611620 at $9 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Sports and recreation instructors 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 sports and recreation instructors fall well inside the limit, so size is rarely what decides an SBA application.

What financing do martial arts and gymnastics schools use?

Common tools are SBA 7(a) loans for franchise fees and buildouts, equipment loans for mats, gymnastics apparatus and pools, and a line of credit. Lenders look at recurring monthly tuition, student retention, enrollment trends and lease length. Swim schools with pools may use SBA 504 for real estate.

What does NAICS 611620 cover?

Sports and recreation instruction. Industry level code in NAICS 2022, under 61 Educational services, 611 Educational services, 6116 Other schools and instruction, 61162 Sports and recreation instruction.

What financing do NAICS 611620 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 611620?

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.