NAICS 927110: Space research and technology
NAICS 927110 is the industry code for space research and technology. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 927110 covers
This code covers government space research and technology, such as national space agencies and their research centers.
Included in this code
- National space agencies
- Government space research centers
- Space flight programs run by government
Not this code
- Space vehicle manufacturing: see 336414 Guided missile and space vehicle manufacturing
- Private R&D: see 541715 Research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology)
Businesses that use 927110
Financing for this trade
Agencies under 927110 are funded by appropriations and pay for buildings and equipment through bonds and lease purchase agreements rather than business loans. Companies that sell to space research and technology agencies, such as aerospace manufacturers and R&D contractors, 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 927110 the right code for a space research agency?
Yes, if the establishment is a government agency conducting space research and technology programs. Private aerospace companies building rockets and satellites use manufacturing codes such as 336414, and private research labs use 541715. Small businesses almost never use a 92 code, since sector 92 describes government itself rather than the companies that serve it.
Does 927110 have an SBA size standard?
No. Code 927110 covers government agencies, which are not businesses, so SBA does not set a size standard for it. A company that sells to space research and technology agencies 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 space research and technology agencies finance contracts?
Vendors to space research and technology agencies, such as aerospace manufacturers and R&D contractors, 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 927110 cover?
Space research and technology. Industry level code in NAICS 2022, under 92 Public administration, 927 Space research and technology, 9271 Space research and technology, 92711 Space research and technology.
What financing do NAICS 927110 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 927110?
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.