Powered by LevrNAICS 711130: Musical groups and artists
NAICS 711130 is the industry code for musical groups and artists. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 711130 covers
Musical groups and artists perform live music, including orchestras, bands, choirs, DJs and individual musicians performing for audiences or events.
Included in this code
- Bands and musical groups
- Orchestras and symphonies
- Choirs
- Wedding and event bands
- DJs performing at events
- Solo musicians
Not this code
- Independent artists writing music: see 711510 Independent artists, writers, and performers
- Music lessons: see 611610 Fine arts schools
- Record labels: see 512250 Record production and distribution
Businesses that use 711130
Financing for this trade
Musicians and bands finance sound gear, instruments and vans with equipment and vehicle loans, and use business credit cards or small lines of credit for touring costs. Orchestras use lines of credit against donations and subscriptions.
Apply for funding with AIIs 711130 the right code for a band or musical group?
Yes, if you perform live music as a group or artist, including bands, orchestras, choirs and event DJs. Songwriters and composers working independently often use 711510. Music teachers use 611610. Solo musicians and wedding and event bands belong here too. Record labels that produce and sell recordings use 512250.
What is the SBA size standard for 711130?
SBA sets the size standard for 711130 at $15 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Musical groups and artists 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 musical groups and artists fall well inside the limit, so size is rarely what decides an SBA application.
What financing do bands and DJs use?
Equipment loans cover sound systems, lighting and instruments, and vehicle loans cover vans and trailers. A business credit card or small line of credit helps with touring costs. Lenders look at booking history, contracts and the owner's credit. Many performers start with SBA microloans.
What does NAICS 711130 cover?
Musical groups and artists. Industry level code in NAICS 2022, under 71 Arts, entertainment, and recreation, 711 Performing arts, spectator sports, and related industries, 7111 Performing arts companies, 71113 Musical groups and artists.
What financing do NAICS 711130 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 711130?
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.