Powered by LevrNAICS 213114: Support activities for metal mining
NAICS 213114 is the industry code for support activities for metal mining. Use it on loan applications, tax forms and registrations. Explore financing for energy services and start your application when you are ready.
What 213114 covers
Businesses classified here provide services to metal mines on contract, such as exploration drilling, overburden removal and mine development.
Included in this code
- Exploration drilling for metal ores
- Mine development
- Overburden removal at metal mines
- Contract mining services
Not this code
- Gold and silver mining: see 212220 Gold ore and silver ore mining
- Geophysical surveying: see 541360 Geophysical surveying and mapping services
Businesses that use 213114
Financing for this trade
Mining service firms use equipment loans for drill rigs and support trucks, asset based lines on receivables and invoice factoring on mine owner contracts. Lenders look at contract backlog, customer concentration and equipment values.
Apply for funding with AIIs 213114 the right code for a metal mining service company?
Yes, if your business provides contract services to metal mines. The code for gold and silver mining is 212220. 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 213114?
The SBA size standard for 213114 is $41 million in average annual receipts. A business at or under that figure, counting affiliates, is small for SBA loans such as 7(a) and 504 and for federal contracting set asides. Receipts are averaged over the five most recently completed fiscal years.
What financing do metal mining service providers use?
Mining service firms use equipment loans for drill rigs and support trucks, asset based lines on receivables and invoice factoring on mine owner contracts. Lenders look at contract backlog, customer concentration and equipment values. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 213114 cover?
Support activities for metal mining. Industry level code in NAICS 2022, under 21 Mining, quarrying, and oil and gas extraction, 213 Support activities for mining, 2131 Support activities for mining, 21311 Support activities for mining.
What financing do NAICS 213114 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for energy services businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 213114?
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.