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NAICS 621340, industry

NAICS 621340: Offices of physical, occupational and speech therapists, and audiologists

NAICS 621340 is the industry code for offices of physical, occupational and speech therapists, and audiologists. 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 621340 covers

These practices provide physical therapy, occupational therapy, speech language pathology and audiology. Outpatient PT clinics, pediatric therapy practices and hearing clinics run by audiologists fit here.

Included in this code

  • Outpatient physical therapy clinics
  • Occupational therapy practices
  • Speech language pathology practices
  • Audiology and hearing clinics
  • Pediatric therapy centers
  • Sports rehab clinics

Not this code

Businesses that use 621340

Outpatient PT clinicPediatric speech therapy practiceAudiology practiceSports rehab clinic

Financing for this trade

PT and therapy clinics finance buildouts and acquisitions with SBA 7(a) loans, equipment like treatment tables, gym gear and audiology booths with equipment loans, and use lines of credit for insurance lags. Lenders look at visits per week, payer mix, reimbursement per visit and therapist retention.

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Is 621340 the right code for a physical therapy clinic?

Yes. 621340 covers outpatient physical therapy, occupational therapy, speech therapy and audiology practices. Pediatric therapy clinics and sports rehab clinics led by therapists belong here. Chiropractors use 621310. Therapy delivered in patients' homes by a home health agency uses 621610.

What is the SBA size standard for 621340?

SBA sets the size standard for 621340 at $12.5 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Physical, occupational and speech therapy 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 physical, occupational and speech therapy practices fall well inside the limit, so size is rarely what decides an SBA application.

What financing do physical therapy clinics use?

Clinics typically use SBA 7(a) loans for new locations and acquisitions, equipment loans for treatment tables, exercise equipment and modalities, and a line of credit to bridge insurance reimbursements. Lenders look at weekly visit volume, payer mix, collections per visit and staffing stability.

What does NAICS 621340 cover?

Offices of physical, occupational and speech therapists, and audiologists. Industry level code in NAICS 2022, under 62 Health care and social assistance, 621 Ambulatory health care services, 6213 Offices of other health practitioners, 62134 Offices of physical, occupational and speech therapists, and audiologists.

What financing do NAICS 621340 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 621340?

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.