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NAICS 926140, industry

NAICS 926140: Regulation of agricultural marketing and commodities

NAICS 926140 is the industry code for regulation of agricultural marketing and commodities. 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 926140 covers

This code covers government regulation of agricultural marketing and commodities, such as agriculture departments, grading and inspection programs and commodity boards.

Included in this code

  • Agriculture departments
  • Commodity grading and inspection
  • Agricultural marketing programs
  • Weights and measures for farm products

Not this code

Businesses that use 926140

State agriculture departmentCommodity inspection office

Financing for this trade

Agencies under 926140 are funded by appropriations and pay for buildings and equipment through bonds and lease purchase agreements rather than business loans. Companies that sell to agricultural marketing regulators, such as inspection services and agricultural consultants, 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 926140 the right code for an agricultural regulatory agency?

Yes, if the establishment regulates agricultural marketing, grading or commodities as a government agency. Private farm consultants use 541690. Farms and farm service businesses use agriculture codes in sector 11. Small businesses almost never use a 92 code, since sector 92 describes government itself rather than the companies that serve it.

Does 926140 have an SBA size standard?

No. Code 926140 covers government agencies, which are not businesses, so SBA does not set a size standard for it. A company that sells to agricultural marketing regulators 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 agricultural marketing regulators finance contracts?

Vendors to agricultural marketing regulators, such as inspection services and agricultural consultants, 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 926140 cover?

Regulation of agricultural marketing and commodities. Industry level code in NAICS 2022, under 92 Public administration, 926 Administration of economic programs, 9261 Administration of economic programs, 92614 Regulation of agricultural marketing and commodities.

What financing do NAICS 926140 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 926140?

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.