SBA Loans for Iron Ore Mining in Maryland: Top Lenders
NAICS 212NAICS 212 covers iron ore mining businesses in Maryland. Based on historical SBA 7(a) lending data.
Total Approvals
1
in Maryland
Median Loan Size
$105,000
per approval
Recent Activity
0
last 90 days through Mar 2025
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 $105,000.
Key trends & insights
- Iron Ore Mining in Maryland loans skew smaller than the SBA average at $105,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Iron Ore Mining in Maryland
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $105,000 |
Recent SBA 7(a) approvals for Iron Ore Mining in Maryland
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-03 | Newtek Bank, National Association | Tho*****LLC | Oakland, MD | $105,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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