Powered by LevrNAICS 212322: Industrial sand mining
NAICS 212322 is the industry code for industrial sand 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 212322 covers
Businesses classified here mine silica sand for industrial uses such as glassmaking, foundry molds and hydraulic fracturing.
Included in this code
- Frac sand mining
- Glass sand mining
- Foundry sand mining
- Silica sand processing at the mine
Not this code
- Construction sand and gravel: see 212321 Construction sand and gravel mining
- Glass manufacturing: see 327211 Flat glass manufacturing
Businesses that use 212322
Financing for this trade
Quarries and pits use equipment loans for loaders, crushers, screens and trucks, working capital lines, and real estate loans secured by permitted reserves. Lenders look at permits and reserve life, haul distance to customers and construction season swings.
Apply for funding with AIIs 212322 the right code for an industrial or frac sand mine?
Yes, if your business mines silica sand for industrial uses. The code for construction sand and gravel is 212321. 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 212322?
The SBA size standard for 212322 is 750 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 industrial sand miners use?
Quarries and pits use equipment loans for loaders, crushers, screens and trucks, working capital lines, and real estate loans secured by permitted reserves. Lenders look at permits and reserve life, haul distance to customers and construction season swings. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 212322 cover?
Industrial sand mining. Industry level code in NAICS 2022, under 21 Mining, quarrying, and oil and gas extraction, 212 Mining (except oil and gas), 2123 Nonmetallic mineral mining and quarrying, 21232 Sand, gravel, clay, and ceramic and refractory minerals mining and quarrying.
What financing do NAICS 212322 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 212322?
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.