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NAICS 212322Mining, Oil & GasLending Growing

How Much Can Industrial Sand Mining Businesses Get in SBA Loans?

13 SBA loans totaling $21.0M have been approved for industrial sand mining businesses (NAICS 212322). The average approved SBA loan is $1.6M, which is 374% above avg the $340K national average. 13 active lenders fund this industry.

Quick Answer

NAICS 212322 (Industrial Sand Mining) received 13 SBA loans worth $21.0M across 5+ states. Average loan $1.6M, average term 127 months.13 active SBA-approved lenders fund this industry. Most industrial sand mining loans use the SBA 504 program. There are approximately 207 U.S. establishments in this industry (Census 2022).

13
Total SBA Loans
$21.0M
Total Volume
$1.6M
Avg Loan Size
374% above avg
13
Active Lenders
127 mo
Avg Term
near national avg
173
Jobs Supported

Is SBA Lending Growing for Industrial Sand Mining?+100% growth

1
1
2
16
18
22
$2.7M
$5.0M
$5.3M

Which SBA Program Do Industrial Sand Mining Businesses Use Most?

SBA 7(a)10 (77%)
SBA 5043 (23%)

What Is the Best SBA Loan for Industrial Sand Mining?

SBA 504

23% of industrial sand mining loans use this program — ideal for real estate and major equipment purchases

Industry avg loan: $1.6M
Typical term: 127 months
Historical avg rate: 5.80%
13+ lenders active in this industry

Where Are Industrial Sand Mining SBA Loans Most Common?

#1
WI
2 loans
$5.3M
#2
CA
2 loans
$4.1M
#3
MA
2 loans
$170K
#4
UT
1 loans
$100K
#5
AL
1 loans
$1.9M

Top SBA Lenders for Industrial Sand Mining

These banks have funded the most SBA loans for industrial sand mining businesses (NAICS 212322). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1BMO Bank National Association(IL)1$462K
2Newtek Small Business Finance, Inc.(NY)1$5.0M
3Florida First Capital Finance(FL)1$625K
4KeyBank National Association(OH)1$150K
5Zions Bank, A Division of(UT)1$100K

Industrial Sand Mining Industry Context

U.S. Establishments
207
U.S. Census Bureau · 2022
SBA Penetration
6.28%
SBA loans per establishment

Ready to Fund Your Industrial Sand Mining Business?

PeerSense places SBA loans for industrial sand mining businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Financing a Industrial Sand Mining business? Get matched to an SBA lender.

Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.

SBA 7(a) / 504 — Response within 4 business hours. No obligation.

No retainers · Referral fee at closing · Or call (317) 452-6990

How Does SBA Lending Work for Industrial Sand Mining Businesses?

Across all SBA loan programs, 13 loans have been approved for businesses classified under NAICS 212322 (Industrial Sand Mining), representing $21.0M in total capital deployed. The average approved loan of $1.6M is 374% above avg the national SBA average of $340K, with typical repayment terms of 127 months.

SBA lending for industrial sand mining is accelerating — loan volume has grown approximately 100% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2022.

Notably, 23% of SBA loans in this industry use the 504 program — well above the national average — indicating that industrial sand mining businesses frequently finance major fixed assets like real estate, heavy equipment, or facility buildouts. The 504 program offers up to $5.5M with below-market fixed rates and only 10% down from the borrower.

PeerSense specializes in matching industrial sand 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 — Industrial Sand Mining SBA Loans

What is the average SBA loan size for industrial sand mining businesses?
Based on 13 approved SBA loans, the average loan size for industrial sand mining (NAICS 212322) is $1.6M. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a industrial sand mining business?
SBA 504 is the most commonly used SBA program for industrial sand mining businesses. 23% of industrial sand mining loans use this program — ideal for real estate and major equipment purchases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for industrial sand mining?
13 different SBA-approved lenders have funded loans in this industry. Not all lenders are equally active in every industry — PeerSense matches your deal with lenders who have experience and appetite in the industrial sand mining sector.
What states have the most SBA lending for industrial sand mining?
WI leads with 2 SBA loans and $5.3M in total volume for industrial sand mining businesses. CA, MA, UT also show strong lending activity in this sector.
How does PeerSense help industrial sand mining businesses get SBA loans?
PeerSense is a capital advisory firm — not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the industrial sand mining industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Industrial Sand Mining defined by NAICS code 212322. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.