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NAICS 611691, industry

NAICS 611691: Exam preparation and tutoring

NAICS 611691 is the industry code for exam preparation and tutoring. 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 611691 covers

These businesses provide tutoring in academic subjects and prepare students for standardized and professional exams such as the SAT, ACT, GRE, bar and CPA exams.

Included in this code

  • Tutoring centers
  • Test prep services
  • Online tutoring
  • Professional exam review courses
  • Learning centers for math and reading

Not this code

Businesses that use 611691

Franchise learning centerSAT prep companyCPA exam review provider

Financing for this trade

Tutoring franchises are frequent SBA 7(a) borrowers for franchise fees and buildouts, and use lines of credit for seasonal swings. Lenders look at franchise track record, enrollment and recurring monthly tuition.

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Is 611691 the right code for a tutoring or test prep center?

Yes, if you tutor students in academic subjects or prepare them for standardized or professional exams. Franchise learning centers and online tutoring platforms fit here. Full time schools use 611110. Corporate skills training uses 611430. CPA, bar and nursing exam review courses also fit, whether taught live or online.

What is the SBA size standard for 611691?

SBA sets the size standard for 611691 at $12.5 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Tutoring and exam prep 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 tutoring and exam prep providers fall well inside the limit, so size is rarely what decides an SBA application.

What financing do tutoring franchises use?

Most franchisees use SBA 7(a) loans to cover the franchise fee, buildout and starting working capital, and a small line of credit for summer and holiday dips. Lenders look at the franchise's performance history, local demand, the owner's credit and equity injection.

What does NAICS 611691 cover?

Exam preparation and tutoring. Industry level code in NAICS 2022, under 61 Educational services, 611 Educational services, 6116 Other schools and instruction, 61169 All other schools and instruction.

What financing do NAICS 611691 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 611691?

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.