SBA Loans for Iron Ore Mining in New York: Top Lenders

NAICS 212

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

Total Approvals

1

in New York

Median Loan Size

$50,000

per approval

Recent Activity

0

last 90 days through Jul 2024

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 $50,000.

Key trends & insights

  • Iron Ore Mining in New York loans skew smaller than the SBA average at $50,000 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 2024-07-01 — 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 New York

#LenderApprovalsMedian Size
11$50,000

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

MonthLenderBorrowerAmount
2024-07Manufacturers and Traders Trust CompanySCO*****NC.$50,000
2021-02Newtek Small Business Finance, Inc.KNI*****LLC$1,660,000

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

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