I think I know the answer but wanted to run this by the group for verification.
I just ordered the Grizzly G0514x2 Bandsaw and in the specs it requires a 220 volt 20 amp circuit. This is my only 220 volt tool besides my Air Compressor which I have installed about 2 years ago. It required a 30 amp circuit, I wired it with 10 gauge wire. Anyway back to my question, as far as I can tell 220 volt 20 amp requires 12 gauge wire. I already have a bunch of 12-2 with ground romex left over from wiring the 110 outlets in my shop. Will this wire be sufficent for the 220 volt 20 amp circuit? I figure 20 amps is 20 amps. Just use the Black and White for each 120 leg and the bare ground for the ground. Does this sound correct?

Thanks Mike