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Profitable Coke Coal Mining Company Seeking Loan in Abingdon, USA

Seeking loan: Virginia based coal company that produces and markets metallurgical coal.

Established 30-40 year(s)
Employees 5 - 10
Legal Entity S Corporation
Reported Sales USD 5 million
Run Rate Sales USD 6 million
EBITDA Margin 26 %
Industries Coke Coal Mining
Locations  Abingdon
Local Time 7:59 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 15 million for 9.0% annual interest, 3 years (Native Currency: USD 15,000,000)
Reason: Seeking loan to expand operations and develop two new coal mines.
Collateral Available: USD 50 million
Includes physical assets worth USD 15 million
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Business Name
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Business Overview
- Company is an independent coal producer located in Abingdon, Virginia.
- We specialize in high volatile metallurgical coal, primarily used in steelmaking.
- Our top sellers are high-quality metallurgical coal sold to industries and energy companies.
- We’ve been in the coal business for 38 years and have built a solid reputation.
- Our coal comes with all necessary licenses and registration certificates, ensuring compliance and reliability.
- We serve a diverse customer base, including steel manufacturers and other industrial clients.
- We maintain a focused and efficient operation and hire contract labours.
- We're currently seeking a loan to expand our production and enhance marketing efforts.
Products & Services Overview
Top sellers: High volatile metallurgical coal sold to industries and energy companies.
Assets Overview
Assets include 3 mining properties across Virginia.
Facilities Overview
We currently operate three underground coal mining operations.
We own all the coal reserves that our mines produce coal on.
Capitalization Overview
Presently funded by 3 owners. No liabilities.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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