SBA Loans for Iron Ore Mining in Kentucky: Top Lenders

NAICS 212

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

Total Approvals

1

in Kentucky

Median Loan Size

$1,000,000

per approval

Recent Activity

0

last 90 days through Oct 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 $1,000,000.

Key trends & insights

  • Iron Ore Mining in Kentucky loans run larger than the SBA average — a $1,000,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
  • SBA data for this industry goes through 2021-10-06 — 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 Kentucky

#LenderApprovalsMedian Size
11$1,000,000

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

MonthLenderBorrowerAmount
2021-10Community Trust Bank, Inc.Ten****Inc$1,000,000

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

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