Skip to content
Log in Apply
NAICS 722511, industry

NAICS 722511: Full-Service restaurants

NAICS 722511 is the industry code for full-service restaurants. Use it on loan applications, tax forms and registrations. Explore financing for restaurants and start your application when you are ready.

Apply for funding with AI
Explore business financing for restaurants

What 722511 covers

Full service restaurants serve guests who order while seated and pay after eating, with table service. Casual dining, fine dining, family restaurants, diners and steakhouses fit here, with or without a bar.

Included in this code

  • Casual dining restaurants
  • Fine dining restaurants
  • Family restaurants and diners
  • Steakhouses and seafood restaurants
  • Ethnic sit down restaurants
  • Restaurants with bars
  • Franchise sit down chains

Not this code

Businesses that use 722511

Family owned Italian restaurantCasual dining franchiseFine dining restaurantBreakfast diner

Financing for this trade

Restaurants use SBA 7(a) loans for acquisitions, buildouts and franchise fees, SBA 504 for buying the building, equipment loans for kitchen equipment, hoods and walk ins, and revenue based financing or merchant cash advances against card sales. Lenders look at sales history, food and labor cost ratios, lease terms, the owner's restaurant experience and liquor licensing.

Apply for funding with AI

Is 722511 the right code for a full service restaurant?

Yes. 722511 is the right code if guests order at the table and pay after eating, whether the restaurant is a diner, a family restaurant, a casual dining franchise or fine dining. A bar inside the restaurant does not change the code if food is the main business. Counter service spots where guests pay first use 722513.

What is the SBA size standard for 722511?

SBA sets the size standard for 722511 at $11.5 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Full service restaurants 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 full service restaurants fall well inside the limit, so size is rarely what decides an SBA application.

What financing do restaurants use?

The most common products are SBA 7(a) loans to buy a restaurant, fund a buildout or pay franchise fees, SBA 504 loans to buy the building, equipment loans for kitchen gear, and revenue based financing against card sales. Lenders look at sales history, prime costs, lease length and the owner's track record in restaurants.

What does NAICS 722511 cover?

Full-Service restaurants. Industry level code in NAICS 2022, under 72 Accommodation and food services, 722 Food services and drinking places, 7225 Restaurants and other eating places, 72251 Restaurants and other eating places.

What financing do NAICS 722511 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 722511?

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.