NAICS 611630: Language schools
NAICS 611630 is the industry code for language 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 611630 covers
Language schools teach foreign languages and English as a second language to children and adults, in person or online.
Included in this code
- Foreign language schools
- ESL schools
- Online language instruction
- Sign language instruction
Not this code
- Translation services: see 541930 Translation and interpretation services
- Tutoring: see 611691 Exam preparation and tutoring
Businesses that use 611630
Financing for this trade
Language schools use SBA 7(a) loans and lines of credit for buildouts and working capital. Lenders look at enrollment, international student exposure and corporate contracts.
Apply for funding with AIIs 611630 the right code for a language school?
Yes, if you teach foreign languages or English as a second language. If you translate documents or interpret, use 541930. General academic tutoring uses 611691. Online language instruction businesses also use 611630. Sign language instruction also fits. Schools teaching English to international students on visas usually use this code as well.
What is the SBA size standard for 611630?
SBA sets the size standard for 611630 at $20.5 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Language 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 language schools fall well inside the limit, so size is rarely what decides an SBA application.
How do language schools finance growth?
Most use a line of credit to smooth enrollment cycles and SBA 7(a) loans for new locations, curriculum and technology. Lenders look at enrollment trends, corporate training contracts, international student exposure and lease terms. Online schools may use revenue based financing on subscription income.
What does NAICS 611630 cover?
Language schools. Industry level code in NAICS 2022, under 61 Educational services, 611 Educational services, 6116 Other schools and instruction, 61163 Language schools.
What financing do NAICS 611630 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 611630?
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.