Powered by LevrNAICS 212230: Copper, nickel, lead, and zinc mining
NAICS 212230 is the industry code for copper, nickel, lead, and zinc mining. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 212230 covers
Businesses classified here mine copper, nickel, lead or zinc ores and concentrate them at the mine.
Included in this code
- Copper ore mining
- Nickel ore mining
- Lead ore mining
- Zinc ore mining
Not this code
- Copper smelting and refining: see 331410 Nonferrous metal (except aluminum) smelting and refining
- Gold mining: see 212220 Gold ore and silver ore mining
Businesses that use 212230
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 AIIs 212230 the right code for a copper, nickel, lead or zinc mine?
Yes, if your business mines copper, nickel, lead or zinc ore. The code for copper smelting and refining is 331410. 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 212230?
The SBA size standard for 212230 is 1,400 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 base metal 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 212230 cover?
Copper, nickel, lead, and zinc mining. Industry level code in NAICS 2022, under 21 Mining, quarrying, and oil and gas extraction, 212 Mining (except oil and gas), 2122 Metal ore mining, 21223 Copper, nickel, lead, and zinc mining.
What financing do NAICS 212230 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 212230?
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.