NAICS 813920: Professional organizations
NAICS 813920 is the industry code for professional organizations. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 813920 covers
Professional organizations promote the interests of individual members of a profession, such as bar associations, medical societies, accounting and engineering societies.
Included in this code
- Bar associations
- Medical and dental societies
- Accounting and engineering societies
- Nursing associations
- Scientific and academic societies
Not this code
- Business associations: see 813910 Business associations
- Labor unions: see 813930 Labor unions and similar labor organizations
Businesses that use 813920
Financing for this trade
Professional associations use lines of credit to bridge dues and conference revenue timing and mortgages for offices. Lenders look at membership retention and reserves.
Apply for funding with AIIs 813920 the right code for a professional association?
Yes, if your members are individual professionals and you advance their profession, such as bar associations, medical societies or engineering societies. Groups of businesses use 813910. Unions use 813930. Continuing education providers selling courses commercially use 611430. Scientific and academic societies fit too.
What is the SBA size standard for 813920?
SBA sets the size standard for 813920 at $23.5 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Professional organizations 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 professional organizations fall well inside the limit, so size is rarely what decides an SBA application.
How do professional associations finance operations?
Most fund operations from dues, certification fees and conferences, using a line of credit to bridge seasonal timing and mortgages for owned offices. Lenders look at membership trends, conference income and reserves. Certification and exam fees count as recurring revenue for lenders.
What does NAICS 813920 cover?
Professional organizations. Industry level code in NAICS 2022, under 81 Other services (except public administration), 813 Religious, grantmaking, civic, professional, and similar organizations, 8139 Business, professional, labor, political, and similar organizations, 81392 Professional organizations.
What financing do NAICS 813920 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 813920?
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.