SBA Loans for Iron Ore Mining in Pennsylvania: Top Lenders
NAICS 212NAICS 212 covers iron ore mining businesses in Pennsylvania. Based on historical SBA 7(a) lending data.
Total Approvals
2
in Pennsylvania
Median Loan Size
$30,500
per approval
Recent Activity
0
last 90 days through Feb 2024
NAICS 212 covers iron ore mining businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $30,500.
Key trends & insights
- Iron Ore Mining in Pennsylvania loans skew smaller than the SBA average at $30,500 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 2024-02-21 — 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 Pennsylvania
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $30,500 |
Recent SBA 7(a) approvals for Iron Ore Mining in Pennsylvania
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-02 | PS Bank | Roc*****LLC | UNION DALE, PA | $10,000 |
| 2023-05 | Enterprise Bank | 422*****LLC | NEW CASTLE, PA | $150,000 |
| 2020-08 | PS Bank | Jos*****ook | Montrose, PA | $51,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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