SBA Loans for Iron Ore Mining in Idaho: Top Lenders

NAICS 212

NAICS 212 covers iron ore mining businesses in Idaho. Based on historical SBA 7(a) lending data.

Total Approvals

1

in Idaho

Median Loan Size

$10,000

per approval

Recent Activity

0

last 90 days through Jul 2021

NAICS 212 covers iron ore mining businesses. This is a smaller category in SBA 7(a) lending with 1 approvals on record and a median loan size of $10,000.

Key trends & insights

  • Iron Ore Mining in Idaho loans skew smaller than the SBA average at $10,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2021-07-19 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Iron Ore Mining in Idaho

#LenderApprovalsMedian Size
11$10,000

Recent SBA 7(a) approvals for Iron Ore Mining in Idaho

MonthLenderBorrowerAmount
2021-07Wells Fargo Bank National AssociationNEW*****LLC$10,000
2021-02Mountain America FCUSev*****nc.$267,200

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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