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NAICS 722310, industry

NAICS 722310: Food service contractors

NAICS 722310 is the industry code for food service contractors. Use it on loan applications, tax forms and registrations. Explore financing for restaurants and start your application when you are ready.

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What 722310 covers

Food service contractors run food service operations at client locations such as corporate cafeterias, hospitals, schools, prisons and sports venues under contract.

Included in this code

  • Corporate cafeteria management
  • School and hospital food service contracts
  • Airline catering
  • Sports venue concessions on contract
  • Correctional food service

Not this code

Businesses that use 722310

Contract cafeteria operatorAirline catererStadium concession contractor

Financing for this trade

Contractors finance kitchen equipment with equipment loans, use lines of credit and receivables factoring against client invoices, and SBA 7(a) loans. Lenders look at contract length, client credit and margins.

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Is 722310 the right code for a food service contractor?

Yes, if you operate food service at a client's site under contract, such as corporate cafeterias, school or hospital kitchens, airline catering or stadium concessions. Event caterers use 722320. Public cafeterias you run for yourself use 722514. Correctional food service fits too.

What is the SBA size standard for 722310?

SBA sets the size standard for 722310 at $47 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Food service contractors 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 food service contractors fall well inside the limit, so size is rarely what decides an SBA application.

How do contract food service operators finance growth?

Most use a line of credit or receivables factoring because clients pay on terms, plus equipment loans for kitchen buildouts at new accounts. Lenders look at contract length, client credit, renewal history and food cost margins. SBA 7(a) loans help.

What does NAICS 722310 cover?

Food service contractors. Industry level code in NAICS 2022, under 72 Accommodation and food services, 722 Food services and drinking places, 7223 Special food services, 72231 Food service contractors.

What financing do NAICS 722310 businesses use?

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

Where do I put NAICS 722310?

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.