Skip to content
Log in Apply
NAICS 212114, industry

NAICS 212114: Surface coal mining

NAICS 212114 is the industry code for surface coal mining. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.

Apply for funding with AI

What 212114 covers

Businesses classified here mine coal from the surface, such as strip, open pit and mountaintop operations, for any coal rank. Cleaning and preparing coal at the mine is included.

New in NAICS 2022, combining surface bituminous, lignite and anthracite mining that were previously split across 212111 and 212113.

Included in this code

  • Strip coal mining
  • Open pit coal mining
  • Lignite surface mining
  • Surface anthracite mining
  • Coal preparation plants at the mine

Not this code

Businesses that use 212114

Powder River Basin surface mineAppalachian strip mineLignite mine

Financing for this trade

Mining companies use equipment loans and leases for haul trucks, loaders and crushers, asset based lines on inventory and receivables, and term loans for land and reserves. Lenders look at permitted reserves, reclamation bonding and customer contracts.

Apply for funding with AI

Is 212114 the right code for a surface coal mine?

Yes, if your business mines coal from the surface. The code for underground coal mining is 212115. Pick the code that matches the activity earning most of your revenue, and use that same code on your tax return, loan applications and SBA forms so lenders see one consistent picture.

What is the SBA size standard for 212114?

The SBA size standard for 212114 is 1,250 employees. A business at or under that headcount, counting affiliates, is small for SBA loans such as 7(a) and 504 and for federal contracting set asides. Employees are averaged across all pay periods over the past 24 months, including part time and temporary staff.

What financing do surface coal miners use?

Mining companies use equipment loans and leases for haul trucks, loaders and crushers, asset based lines on inventory and receivables, and term loans for land and reserves. Lenders look at permitted reserves, reclamation bonding and customer contracts. Lenders that already fund this trade move faster because they know how to read its cash cycle.

What does NAICS 212114 cover?

Surface coal mining. Industry level code in NAICS 2022, under 21 Mining, quarrying, and oil and gas extraction, 212 Mining (except oil and gas), 2121 Coal mining, 21211 Coal mining.

What financing do NAICS 212114 businesses use?

Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 212114?

On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.