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Idaho · Mining & Energy
SBA loans for mining & energy in Idaho
27 loans worth $6.2M approved since FY2010 for mining, quarrying, and oil and gas extraction projects located in Idaho.
Loans
27
Approved
$6.2M
Median loan
$50,000
-78% vs sector nationally
Median rate
7.73%
Jobs supported
100
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to mining & energy in Idaho
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Glacier Bank | 1 | $1.6M | |
| Washington Trust Bank | 2 | $1.6M | |
| Enterprise Bank & Trust | 1 | $1.1M | |
| D. L. Evans Bank | 4 | $656K | |
| Mountain America FCU | 4 | $392K | |
| Northwest Business Development Association | 1 | $312K | |
| U.S. Bank | 6 | $200K | |
| Columbia Bank | 4 | $183K |
Detail
Which industries inside the sector
| Industry | Loans | Share |
|---|---|---|
| Construction Sand and Gravel Mining | 13 | |
| Support Activities for Oil and Gas Operations | 5 | |
| Drilling Oil and Gas Wells | 3 | |
| Support Activities for Metal Mining | 1 | |
| Gold Ore Mining | 1 | |
| Clay and Ceramic and Refractory Minerals Mining | 1 | |
| Dimension Stone Mining and Quarrying | 1 | |
| Iron Ore Mining | 1 |
An SBA 7(a) lender for loans this size
The median SBA loan approved for mining & energy in Idaho since FY2010 was $50,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in Idaho
10,431 loans across every sector.
Mining & Energy nationally
2,367 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to mining & energy businesses in Idaho?
- 27 SBA loans totalling $6,174,400 have been approved for mining, quarrying, and oil and gas extraction projects in Idaho since FY2010.
- Which lenders finance mining & energy in Idaho?
- The most active by dollars approved are Glacier Bank, Washington Trust Bank, Enterprise Bank & Trust, D. L. Evans Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for mining & energy in Idaho?
- The median approval is $50,000, 78% below the national median for this sector ($227,300).
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