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NAICS 621320, industry

NAICS 621320: Offices of optometrists

NAICS 621320 is the industry code for offices of optometrists. Use it on loan applications, tax forms and registrations. Explore financing for medical and dental and start your application when you are ready.

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What 621320 covers

Offices of optometrists are practices of doctors of optometry who examine eyes, diagnose vision problems and prescribe glasses and contacts. Many also sell eyewear from an in office optical shop.

Included in this code

  • Optometry practices
  • Eye exam clinics
  • Contact lens fitting
  • Optometrist owned optical shops
  • Vision therapy practices

Not this code

Businesses that use 621320

Independent optometry practiceVision therapy clinicOptometrist with optical boutique

Financing for this trade

Optometrists use SBA 7(a) and practice loans for acquisitions and startups, equipment loans for OCT, retinal imaging, phoropters and edgers, and inventory financing for frames. Lenders look at exam volume, optical capture rate, managed vision plan mix and the doctor's experience.

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Is 621320 the right code for an optometry practice?

Yes, if the practice is owned by optometrists providing eye exams and prescribing lenses, even if it also sells frames and contacts. Ophthalmologists, who are physicians, use 621111. Optical shops without an optometry practice use 456130. Vision therapy practices led by optometrists also use this code.

What is the SBA size standard for 621320?

SBA sets the size standard for 621320 at $9 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Optometry practices 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 optometry practices fall well inside the limit, so size is rarely what decides an SBA application.

What financing do optometry practices use?

Most use SBA 7(a) or specialty practice loans to buy or start a practice, equipment loans for OCT and retinal imaging, edgers and exam lanes, and a line of credit to carry frame inventory and vision plan receivables. Lenders look at exam volume, optical sales and payer mix.

What does NAICS 621320 cover?

Offices of optometrists. Industry level code in NAICS 2022, under 62 Health care and social assistance, 621 Ambulatory health care services, 6213 Offices of other health practitioners, 62132 Offices of optometrists.

What financing do NAICS 621320 businesses use?

Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for medical and dental businesses. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 621320?

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.