Skip to content
NAICS 621991, industry

NAICS 621991: Blood and organ banks

NAICS 621991 is the industry code for blood and organ banks. Use it on loan applications, tax forms and registrations. Explore financing for medical and dental and start your application when you are ready.

What 621991 covers

Blood and organ banks collect, store and distribute blood, plasma, organs, tissue, sperm and eggs. Plasma collection centers and cord blood banks fit here.

Included in this code

  • Blood banks
  • Plasma collection centers
  • Sperm and egg banks
  • Organ procurement organizations
  • Cord blood banks
  • Tissue banks

Not this code

Businesses that use 621991

Plasma donation centerCord blood bankSperm bank

Financing for this trade

These organizations finance collection and storage equipment with equipment loans and facilities with real estate loans. Lenders look at supply agreements with hospitals or manufacturers and regulatory licensing.

Apply for funding with AI

Is 621991 the right code for a blood or organ bank?

Yes, if you collect, process, store or distribute blood, plasma, organs, tissue or reproductive cells. Plasma collection centers and cord blood banks belong here. Companies manufacturing blood derived products use 325414. Sperm banks, egg banks, tissue banks and organ procurement organizations also belong here, whether nonprofit or for profit.

What is the SBA size standard for 621991?

SBA sets the size standard for 621991 at $40 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Blood and organ banks 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 blood and organ banks fall well inside the limit, so size is rarely what decides an SBA application.

How are plasma and blood centers financed?

Equipment loans cover apheresis machines, freezers and storage systems, and real estate loans or SBA 504 loans fund facilities. Lenders look at supply contracts with hospitals and fractionators, FDA licensing and donor volume. Cord blood banks may also rely on prepaid storage fees from families.

What does NAICS 621991 cover?

Blood and organ banks. Industry level code in NAICS 2022, under 62 Health care and social assistance, 621 Ambulatory health care services, 6219 Other ambulatory health care services, 62199 All other ambulatory health care services.

What financing do NAICS 621991 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 621991?

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.