NAICS 922150: Parole offices and probation offices
NAICS 922150 is the industry code for parole offices and probation offices. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 922150 covers
Parole and probation offices supervise people on parole or probation and run pretrial release supervision programs.
Included in this code
- Parole offices
- Probation departments
- Pretrial services agencies
- Community corrections offices
Not this code
- Correctional institutions: see 922140 Correctional institutions
- Private electronic monitoring companies: see 561990 All other support services
Businesses that use 922150
Financing for this trade
Agencies under 922150 are funded by appropriations and pay for buildings and equipment through bonds and lease purchase agreements rather than business loans. Companies that sell to parole and probation offices, such as electronic monitoring and drug testing companies, use their own industry code and typically finance contracts with receivables lines, government contract factoring and SBA 7(a) loans.
Apply for funding with AIIs 922150 the right code for a parole or probation office?
Yes, if the establishment is a government office supervising people on parole, probation or pretrial release. Private companies providing electronic monitoring or drug testing to these offices use their own codes. Prisons and jails use 922140. Small businesses almost never use a 92 code, since sector 92 describes government itself rather than the companies that serve it.
Does 922150 have an SBA size standard?
No. Code 922150 covers government agencies, which are not businesses, so SBA does not set a size standard for it. A company that sells to parole and probation offices 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 parole and probation offices finance contracts?
Vendors to parole and probation offices, such as electronic monitoring and drug testing companies, 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 922150 cover?
Parole offices and probation offices. Industry level code in NAICS 2022, under 92 Public administration, 922 Justice, public order, and safety activities, 9221 Justice, public order, and safety activities, 92215 Parole offices and probation offices.
What financing do NAICS 922150 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 922150?
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.