Industries › Retail Trade › Gasoline Stations and Fuel Dealers › Gasoline Stations
NAICS 4571Industry group0.7% of all approvals
SBA loans for gasoline stations
7(a) and 504 approvals to businesses SBA classifies under NAICS 4571, with the lenders and states behind them.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 2,441 loans to businesses in gasoline stations (NAICS 4571) in FY2021 to FY2025, worth $3.91bn: 2,091 under 7(a) and 350 under 504.
That is 0.7% of all approvals.
In FY2025 there were 777 approvals, up 15% on FY2024. The median 7(a) approval was $1.3M, against $190K for all industries, and 39.7% of approvals went to franchise businesses.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Volume by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 383 | $701M | $1.4M | 64 | $106M | 447 | 3,190 |
| FY2025 | 670 | $1.07bn | $1.2M | 107 | $183M | 777 | 5,147 |
| FY2024 | 568 | $890M | $1.3M | 108 | $156M | 676 | 4,433 |
| FY2023 | 491 | $846M | $1.3M | 89 | $112M | 580 | 4,293 |
| FY2022 | 360 | $601M | $1.3M | 46 | $52.1M | 406 | 2,958 |
| FY2021 | 2 | — | — | 0 | — | 2 | 10 |
| FY2020 | 2 | — | — | 0 | — | 2 | 7 |
| FY2019 | 1 | — | — | 0 | — | 1 | 6 |
| FY2018 | 0 | — | — | 0 | — | 0 | 0 |
| FY2017 | 0 | — | — | 0 | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | — | 0 | 0 |
SBA records the NAICS code in force when a loan was approved. The 2022 NAICS revision renumbered parts of retail trade and information, so some lines of business appear under one code before FY2023 and another after. FY2016–FY2020 approvals under this code: 3.
Lenders most active in this industry
By number of approvals, FY2021–FY2025; 366 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Celtic Bank CorporationSalt Lake City, UT | 155 | $372M | 6.3% | |
| 2 | Readycap Lending, LLCBerkeley Heights, NJ | 138 | $299M | 5.7% | |
| 3 | Metro City BankDoraville, GA | 100 | $146M | 4.1% | |
| 4 | Wallis BankWallis, TX | 98 | $198M | 4.0% | |
| 5 | Open BankLos Angeles, CA | 79 | $166M | 3.2% | |
| 6 | Commonwealth Business BankLos Angeles, CA | 71 | $127M | 2.9% | |
| 7 | The Huntington National BankColumbus, OH | 71 | $61.5M | 2.9% | |
| 8 | Byline BankChicago, IL | 64 | $112M | 2.6% | |
| 9 | Mortgage Capital Development CorporationOakland, CA · CDC | 48 | $94.3M | 2.0% | |
| 10 | Southwestern National BankHouston, TX | 45 | $97.8M | 1.8% | |
| 11 | Citizens BankElizabethton, TN | 45 | $57.2M | 1.8% | |
| 12 | TD Bank, National AssociationWilmington, DE | 45 | $3.7M | 1.8% | |
| 13 | Enterprise Bank & TrustClayton, MO | 44 | $77.2M | 1.8% | |
| 14 | PCB BankLos Angeles, CA | 43 | $96.9M | 1.8% | |
| 15 | Bank of HopeLos Angeles, CA | 30 | $76.7M | 1.2% | |
| 16 | US Metro BankGarden Grove, CA | 28 | $72.7M | 1.1% | |
| 17 | T Bank, National AssociationDallas, TX | 28 | $67.1M | 1.1% | |
| 18 | East West BankPasadena, CA | 28 | $56.5M | 1.1% | |
| 19 | Manufacturers and Traders Trust CompanyBuffalo, NY | 25 | $4.2M | 1.0% | |
| 20 | KeyBank National AssociationCleveland, OH | 25 | $4.1M | 1.0% |
States
| # | State of the business | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 439 | $987M | 18.0% | |
| 2 | Texas | 412 | $751M | 16.9% | |
| 3 | Washington | 231 | $564M | 9.5% | |
| 4 | Georgia | 144 | $266M | 5.9% | |
| 5 | Illinois | 97 | $133M | 4.0% | |
| 6 | Florida | 71 | $72.9M | 2.9% | |
| 7 | Wisconsin | 65 | $88.1M | 2.7% | |
| 8 | Ohio | 55 | $43.8M | 2.3% | |
| 9 | North Carolina | 54 | $55.4M | 2.2% | |
| 10 | New York | 54 | $31.5M | 2.2% | |
| 11 | Oregon | 51 | $124M | 2.1% | |
| 12 | Michigan | 48 | $52.7M | 2.0% | |
| 13 | Indiana | 40 | $54.2M | 1.6% | |
| 14 | Minnesota | 40 | $43.2M | 1.6% | |
| 15 | Massachusetts | 38 | $23.2M | 1.6% |
Franchise brands
39.7% of approvals carried a franchise code.
| # | Brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | AM/PM Mini-Mart Agreement | 63 | 2.6% | |
| 2 | Chevron | 48 | 2.0% | |
| 3 | Phillips 66 Branded Reseller Agreement | 31 | 1.3% | |
| 4 | Sunoco, LLC | 30 | 1.2% | |
| 5 | Christensen Inc. dba Powell Product Sales Agreement | 27 | 1.1% | |
| 6 | U.S. Oil | 21 | 0.9% | |
| 7 | Brad Hall & Associates | 20 | 0.8% | |
| 8 | SEI Fuel Services, Inc | 18 | 0.7% | |
| 9 | World Fuel Services, Inc Wholesale Supply Agreement | 16 | 0.7% | |
| 10 | Boyett Petroleum | 16 | 0.7% |
Approval sizes
- $50,000 or less6.3%153
- $50,001 to $150,0005.3%130
- $150,001 to $350,0006.9%168
- $350,001 to $1 million24.9%609
- $1 million to $2 million25.9%633
- Over $2 million30.6%748
Age of the businesses
- Existing, more than 2 years old37.2%907
- New business, 2 years or less21.5%524
- Startup, loan funds will open the business14.2%346
- Change of ownership27.1%661
- Not answered0.1%3
Charge-offs against all industries
| Loans approved FY2010–FY2021 | This industry, 7(a) | All 7(a) | This industry, 504 | All 504 |
|---|---|---|---|---|
| Approvals in these years | 5 | 639,905 | 0 | 85,591 |
| Cancelled or never disbursed | 0 | 79,313 | 0 | 12,514 |
| Disbursed loans | 5 | 560,592 | 0 | 73,077 |
| Paid in full | 3 | 435,813 | 0 | 35,491 |
| Charged off | 0 | 36,891 | 0 | 905 |
| Still outstanding (status exempt from disclosure) | 2 | 87,888 | 0 | 36,681 |
| Charged off, share of disbursed loans | too few loans | 6.6% | too few loans | 1.2% |
| Dollars charged off, share of disbursed dollars | too few loans | 2.5% | too few loans | 0.9% |
| Dollars charged off | — | $5.70bn | — | $499M |
Against all industries
| FY2021–FY2025 | NAICS 4571 | All industries |
|---|---|---|
| Median 7(a) approval | $1.3M | $190K |
| Median 504 approval | $1.2M | $657K |
| Average approval | $1.6M | $573K |
| Approvals per 1,000 establishments | — | 41.0 |
| Approvals to franchise businesses | 39.7% | 11.2% |
| Jobs supported per approval, as reported | 6.9 | 10.5 |
Questions and answers
Which lenders make the most SBA loans for gasoline stations?
By approvals in FY2021 to FY2025: Celtic Bank Corporation (155), Readycap Lending, LLC (138), Metro City Bank (100), Wallis Bank (98), Open Bank (79). 366 lenders had at least one.
How large are typical SBA loans for gasoline stations?
The median 7(a) approval was $1.3M and the median 504 approval $1.2M; the average across both programs was $1.6M.
What share of SBA loans for gasoline stations are charged off?
There are too few matured loans to show a rate.
Which states have the most SBA loans for gasoline stations?
California (439), Texas (412), Washington (231), Georgia (144), Illinois (97).
Is SBA lending for gasoline stations rising?
Approvals in the three latest complete fiscal years total 2,033, against 410 in the three before: rising (+396%).
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error