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NAICS 721310, industry

NAICS 721310: Rooming and boarding houses, dormitories, and workers' camps

NAICS 721310 is the industry code for rooming and boarding houses, dormitories, and workers' camps. Use it on loan applications, tax forms and registrations. Explore financing for hospitality and start your application when you are ready.

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What 721310 covers

These businesses provide temporary or longer term housing in rooming houses, boarding houses, private dormitories and workers' camps.

Included in this code

  • Rooming and boarding houses
  • Private student dormitories
  • Workers' camps
  • Sorority and fraternity houses run as lodging
  • Co living facilities

Not this code

Businesses that use 721310

Boarding houseOilfield workers' campPrivate student dorm

Financing for this trade

Operators finance properties with commercial mortgages and SBA loans, and workers' camps finance modular units with equipment loans. Lenders look at occupancy, lease terms and client contracts.

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Is 721310 the right code for a rooming house, dormitory or workers' camp?

Yes, if you rent rooms with shared facilities in boarding houses, private dorms or workers' camps. Apartment buildings use 531110. Hotels and motels use 721110. Co living operators that rent furnished rooms with shared kitchens also fit here. Sorority and fraternity houses run as lodging use this code as well. Choose 721310 when rooms, not whole units, are the product.

What is the SBA size standard for 721310?

SBA sets the size standard for 721310 at $14 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Rooming and boarding houses 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 rooming and boarding houses fall well inside the limit, so size is rarely what decides an SBA application.

How are workers' camps and boarding houses financed?

Boarding houses often use commercial mortgages or SBA 504 loans, while workers' camps finance modular housing with equipment loans or leases. Lenders look at occupancy, contracts with employers, and the resale value of the property or units. SBA 7(a) loans can help.

What does NAICS 721310 cover?

Rooming and boarding houses, dormitories, and workers' camps. Industry level code in NAICS 2022, under 72 Accommodation and food services, 721 Accommodation, 7213 Rooming and boarding houses, dormitories, and workers' camps, 72131 Rooming and boarding houses, dormitories, and workers' camps.

What financing do NAICS 721310 businesses use?

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

Where do I put NAICS 721310?

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.