Wholesale Trade ·NAICS 423520

NAICS 423520 · IRS SOI 2023 · Census CBP

Coal and Other Mineral and Ore Merchant Wholesalers - Industry Benchmarks

8 SBA loans on record, $7M in volume, for NAICS 423520.

4.1%
Wholesale Trade sector margin
N/A
Workers employed
N/A
Avg payroll / employee
$7M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 423520

Illinois leads Coal and Other Mineral and Ore Merchant Wholesalers activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Wholesale Trade sector runs a 4.1% net margin.

4.1%
Wholesale Trade sector margin (IRS SOI)
N/A
Workers employed (Census CBP)
N/A
Avg payroll / employee
$7M
SBA lending, FY20–26

Benchmarking Insights for Coal and Other Mineral and Ore Merchant Wholesalers

Coal and Other Mineral and Ore Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.

284 establishments employ N/A workers. Illinois leads employment, followed by Tennessee and Florida.

Employment

N/A

Total employees (Census CBP)

Avg Payroll / Employee

N/A

Annual compensation

Establishments

284

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

establishment count decreased by 19. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Financial Detail

Annual Payroll (Total)
$284.6M

Top States by Employment

State Employment
Illinois 70
Tennessee 36
Florida 32
Arizona 17
Minnesota 15
Utah 1

Showing top 10 of 29 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

8

Total Loan Volume

$7M

Avg Loan Size

$899K

Jobs Supported

60

Program Breakdown

7(a) 7 (88%)
504 1 (12%)

Top SBA Lender

The Huntington National Bank

2 loans in this industry

New Business Share

0.0% of borrowers were new/startup businesses

Annual Lending Trend (4 yrs)

2020
3
2022
2
2025
2
2026
1

Frequently Asked Questions

How profitable is Coal and Other Mineral and Ore Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 423520 level. Illinois leads this industry nationally. The broader Wholesale Trade sector runs a 4.1% net margin (IRS SOI 2023).
How many businesses are in Coal and Other Mineral and Ore Merchant Wholesalers?
284 business establishments.
What is the average payroll per employee in Coal and Other Mineral and Ore Merchant Wholesalers?
Average payroll data for Coal and Other Mineral and Ore Merchant Wholesalers is not available in the current Census CBP dataset.
Which states have the most Coal and Other Mineral and Ore Merchant Wholesalers employment?
Illinois leads with 70 workers. Tennessee (36) and Florida (32) round out the top three.
How much SBA lending does Coal and Other Mineral and Ore Merchant Wholesalers receive?
Coal and Other Mineral and Ore Merchant Wholesalers businesses received 8 SBA loans totaling $7 million between FY2020 and FY2026. The average loan size was $899K. These loans supported 60 jobs at origination. Most lending (88%) came through the SBA 7(a) program.

Benchmarking Coal and Other Mineral and Ore Merchant Wholesalers

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.

Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023

NAICS 423520 · Data year: 2023

According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.

Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023

Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.