How Much Can Bituminous Coal Underground Mining Businesses Get in SBA Loans?
26 SBA loans totaling $8.1M have been approved for bituminous coal underground mining businesses (NAICS 212112). The average approved SBA loan is $311K, which is 9% below avg the $340K national average. 13 active lenders fund this industry.
NAICS 212112 (Bituminous Coal Underground Mining) received 26 SBA loans worth $8.1M across 5+ states. Average loan $311K, average term 80 months.13 active SBA-approved lenders fund this industry. Most bituminous coal underground mining loans use the SBA 7(a) program. There are approximately 189 U.S. establishments in this industry (Census 2022).
Which SBA Program Do Bituminous Coal Underground Mining Businesses Use Most?
What Is the Best SBA Loan for Bituminous Coal Underground Mining?
The most widely used SBA program for bituminous coal underground mining businesses — flexible terms, multiple use cases
Where Are Bituminous Coal Underground Mining SBA Loans Most Common?
Top SBA Lenders for Bituminous Coal Underground Mining
These banks have funded the most SBA loans for bituminous coal underground mining businesses (NAICS 212112). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Community Trust Bank, Inc.(KY) | 9 | $1.3M |
| 2 | PNC Bank, National Association(DE) | 3 | $295K |
| 3 | One Valley Bank, Inc(WV) | 2 | $1.0M |
| 4 | JPMorgan Chase Bank, National Association(OH) | 2 | $255K |
| 5 | Byline Bank(IL) | 2 | $1.7M |
Bituminous Coal Underground Mining Industry Context
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How Does SBA Lending Work for Bituminous Coal Underground Mining Businesses?
Across all SBA loan programs, 26 loans have been approved for businesses classified under NAICS 212112 (Bituminous Coal Underground Mining), representing $8.1M in total capital deployed. The average approved loan of $311K is 9% below avg the national SBA average of $340K, with typical repayment terms of 80 months.
SBA lending for bituminous coal underground mining has remained relatively stable across recent fiscal years. 13 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.
The overwhelming majority of SBA lending for bituminous coal underground mining uses the 7(a) program, which provides the most flexibility — covering working capital, equipment purchases, partner buyouts, debt refinancing, and business acquisitions up to $5M with terms up to 25 years.
PeerSense specializes in matching bituminous coal underground mining business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 100+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
Frequently Asked Questions — Bituminous Coal Underground Mining SBA Loans
What is the average SBA loan size for bituminous coal underground mining businesses?
Which SBA loan program is best for a bituminous coal underground mining business?
How many lenders fund SBA loans for bituminous coal underground mining?
What states have the most SBA lending for bituminous coal underground mining?
How does PeerSense help bituminous coal underground mining businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Bituminous Coal Underground Mining defined by NAICS code 212112. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.