SBA Loans for Iron Ore Mining in Virginia: Top Lenders
NAICS 212NAICS 212 covers iron ore mining businesses in Virginia. Based on historical SBA 7(a) lending data.
Total Approvals
1
in Virginia
Median Loan Size
$100,000
per approval
Recent Activity
0
last 90 days through Nov 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 $100,000.
Key trends & insights
- Iron Ore Mining in Virginia loans skew smaller than the SBA average at $100,000 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 2021-11-04 — 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 Virginia
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $100,000 |
Recent SBA 7(a) approvals for Iron Ore Mining in Virginia
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2021-11 | Manufacturers and Traders Trust Company | SHE*****LLC | RICHMOND, VA | $100,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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