Which lenders are a good match for a Gasoline Station with Convenience Store SBA loan?
Gasoline Stations with Convenience Stores project state SBA 7(a) loan approvals in 2020.
Gasoline Stations with Convenience Stores Industry Highlights
In 2020 the Gasoline Stations with Convenience Stores industry ranked #10 in SBA 7(a) number of loan approvals and was the #2 ranked industry for loan approval amounts.
All-time there have been 1,197 lenders who have approved 17,899 SBA 7(a) loan approvals to Gasoline Stations with Convenience Stores businesses for $13,366,807,564. Loan approvals went to borrowers from 4,748 cities for projects in 50 states.
In 2020 Gasoline Stations with Convenience Stores businesses received 621 SBA 7(a) loan approvals from 159 lenders for $889,997,000. The average loan approval amount in 2020 was $1,433,168. Approvals went to borrowers from 442 cities for projects in 41 states.
For 2020 franchised Gasoline Stations with Convenience Stores businesses SBA lending were 394 SBA 7(a) approvals from 95 lenders for a sum of $639,434,300 in approval amounts.
Our forecast model projects the Gasoline Stations with Convenience Stores industry receiving $962 million in SBA 7(a) approvals in 2021.
Read our Industry page on Gasoline Stations with Convenience Stores SBA lending for a full report, but below are a few highlights:
Historical SBA 7(a) Lending for the Gasoline Stations with Convenience Stores Industry
2020 Top 25 SBA Lenders
Gasoline Stations with Convenience Stores
Loan Approvals
Approval Amounts
Gasoline Stations with Convenience Stores SBA 7(a) Loan Amounts
Average SBA 7(a) loan approval amount in 2020 was $1,433,168.
13.53% of approved loans in 2020 were for loan amounts up to $350,000.
7.41% of approved loans in 2020 were for loan amounts up to $150,000.
54.43% of approved loans in 2020 were for loan amounts over $1 million.
23.35% of loan approvals were for multi-million loan amounts.
Gasoline Stations with Convenience SBA 7(a) Lending Forecast
Our forecast model projects the Gasoline Stations with Convenience Stores industry receiving $962 million in SBA 7(a) approvals in 2021.
See our full (and free) SBA report on Gasoline Stations with Convenience Stores
This report has about everything a small business owner would want to know about SBA 7(a) loans to Gasoline Stations with Convenience Stores. See the 2020 top ranked lenders and franchise brands by loan amounts, default data, our SBA lending forecasts, the top project states and borrower cities, and more.
