SBA Loans for Iron Ore Mining in Colorado: Top Lenders
NAICS 212NAICS 212 covers iron ore mining businesses in Colorado. Based on historical SBA 7(a) lending data.
Total Approvals
1
in Colorado
Median Loan Size
$2,400,000
per approval
Recent Activity
0
last 90 days through Feb 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 $2,400,000.
Key trends & insights
- Iron Ore Mining in Colorado loans run larger than the SBA average — a $2,400,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2025-02-18 — 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 Colorado
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $2,400,000 |
Recent SBA 7(a) approvals for Iron Ore Mining in Colorado
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-02 | Newtek Bank, National Association | Gra*****LLC | Kremmling, CO | $2,400,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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