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NAICS 711211, industry

NAICS 711211: Sports teams and clubs

NAICS 711211 is the industry code for sports teams and clubs. 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 711211 covers

Sports teams and clubs participate in live sporting events before paying audiences, including professional and semi professional teams in any sport.

Included in this code

  • Professional sports teams
  • Minor league teams
  • Semi professional clubs
  • Professional esports teams

Not this code

Businesses that use 711211

Minor league baseball teamPro soccer clubEsports franchise

Financing for this trade

Teams finance with franchise acquisition loans, credit facilities secured by media and sponsorship revenue, and stadium financing. Lenders look at league rules, attendance, sponsorship contracts and owner equity.

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Is 711211 the right code for a sports team or club?

Yes, if your team plays sporting events before paying audiences, from major league to minor league and semi pro. Youth sports leagues and instruction use 611620. Racetracks use 711212. Professional esports teams competing before audiences also fit here. Amateur clubs and youth travel teams usually belong in 713940 or 611620 depending on whether they mainly run facilities or teach.

What is the SBA size standard for 711211?

SBA sets the size standard for 711211 at $47 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Sports teams and clubs 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 sports teams and clubs fall well inside the limit, so size is rarely what decides an SBA application.

How are minor league and pro teams financed?

Ownership groups use acquisition loans and credit lines secured by team revenue, sponsorships and media rights, subject to league debt rules. Stadium projects often involve public financing. Lenders look at attendance, sponsorship contracts, league stability and owner equity. Owner equity is key.

What does NAICS 711211 cover?

Sports teams and clubs. Industry level code in NAICS 2022, under 71 Arts, entertainment, and recreation, 711 Performing arts, spectator sports, and related industries, 7112 Spectator sports, 71121 Spectator sports.

What financing do NAICS 711211 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 711211?

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.