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NAICS 921120, industry

NAICS 921120: Legislative bodies

NAICS 921120 is the industry code for legislative bodies. 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 921120 covers

Legislative bodies enact laws and set policy, including Congress, state legislatures, city councils, county boards and their committees and staff.

Included in this code

  • State legislatures
  • City and town councils
  • County boards of supervisors
  • Legislative committees and staff offices

Not this code

Businesses that use 921120

City councilState senateCounty commission

Financing for this trade

Agencies under 921120 are funded by appropriations and pay for buildings and equipment through bonds and lease purchase agreements rather than business loans. Companies that sell to legislatures and councils, such as printing firms, IT contractors and broadcast vendors, use their own industry code and typically finance contracts with receivables lines, government contract factoring and SBA 7(a) loans.

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Is 921120 the right code for a legislative body?

Yes, if the establishment is a lawmaking body such as a legislature, city council or county board, including its committees and staff. Bodies that combine executive and legislative roles, as in many small towns, use 921140. Private lobbying firms that work with legislators use 541820, not this code.

Does 921120 have an SBA size standard?

No. Code 921120 covers government agencies, which are not businesses, so SBA does not set a size standard for it. A company that sells to legislatures and councils is measured by the size standard of its own industry code, and that is the code to use on SBA loan applications and small business set aside bids.

How do businesses that sell to legislatures and councils finance contracts?

Vendors to legislatures and councils, such as printing firms, IT contractors and broadcast vendors, usually use a line of credit or invoice factoring backed by government receivables, since agencies often pay on 30 to 60 day terms. Equipment loans and SBA 7(a) loans fund growth. Lenders look at the contract, the agency's payment record, bonding where required and the vendor's performance history.

What does NAICS 921120 cover?

Legislative bodies. Industry level code in NAICS 2022, under 92 Public administration, 921 Executive, legislative, and other general government support, 9211 Executive, legislative, and other general government support, 92112 Legislative bodies.

What financing do NAICS 921120 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 921120?

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.