How Much Can Gold Ore Mining Businesses Get in SBA Loans?
17 SBA loans totaling $10.1M have been approved for gold ore mining businesses (NAICS 212221). The average approved SBA loan is $593K, which is 74% above avg the $340K national average. 8 active lenders fund this industry.
NAICS 212221 (Gold Ore Mining) received 17 SBA loans worth $10.1M across 5+ states. Average loan $593K, average term 79 months.8 active SBA-approved lenders fund this industry. Most gold ore mining loans use the SBA 7(a) program. There are approximately 178 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Gold Ore Mining?-50% decline
Which SBA Program Do Gold Ore Mining Businesses Use Most?
What Is the Best SBA Loan for Gold Ore Mining?
The most widely used SBA program for gold ore mining businesses — flexible terms, multiple use cases
Where Are Gold Ore Mining SBA Loans Most Common?
Top SBA Lenders for Gold Ore Mining
These banks have funded the most SBA loans for gold ore mining businesses (NAICS 212221). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank Alaska, National Association(AK) | 4 | $3.5M |
| 2 | Wells Fargo Bank National Association(SD) | 3 | $38K |
| 3 | Alaska Growth Capital BIDCO, Inc.(AK) | 3 | $5.2M |
| 4 | Zions Bank, A Division of(UT) | 3 | $753K |
| 5 | Business Lenders, LLC(CT) | 1 | $220K |
Gold Ore Mining Industry Context
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How Does SBA Lending Work for Gold Ore Mining Businesses?
Across all SBA loan programs, 17 loans have been approved for businesses classified under NAICS 212221 (Gold Ore Mining), representing $10.1M in total capital deployed. The average approved loan of $593K is 74% above avg the national SBA average of $340K, with typical repayment terms of 79 months.
SBA lending for gold ore mining has contracted approximately 50% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 8 lenders remain active, maintaining competitive options for qualified borrowers.
The overwhelming majority of SBA lending for gold ore 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 gold ore 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 — Gold Ore Mining SBA Loans
What is the average SBA loan size for gold ore mining businesses?
Which SBA loan program is best for a gold ore mining business?
How many lenders fund SBA loans for gold ore mining?
What states have the most SBA lending for gold ore mining?
How does PeerSense help gold ore mining businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Gold Ore Mining defined by NAICS code 212221. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.