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FRANCHISE BRAND· Gasoline Stations with Convenience Stores

SBA loans for Lykins Oil Company

10 SBA loans have financed Lykins Oil Company locations since 2014, written by 5 different lenders across 4 states. Half were approved for $763K or less, the mix is a mix of 7(a) and 504, and 10% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
10
2 in last 5 yrs
Median approval
$763K
90th pct $1.0M
Total approved
$6.8M
all years
To new owners
10%
1 loans
Lenders
5
4 states

The lenders that fund Lykins Oil Company

A lender that has already underwritten this brand knows the unit economics, the build-out costs, and the franchisor. That is worth more to you than a bigger bank starting from scratch.

1
Milford, OH
Lykins Oil Company loans
5
In last 5 yrs
2
Typical loan
$577K
To new owners
0%
Last approval
Sep 2021
2
Columbus, OH
Lykins Oil Company loans
2
In last 5 yrs
0
Typical loan
$457K
To new owners
0%
Last approval
Dec 2018
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
3
Pikeville, KY
Lykins Oil Company loans
1
In last 5 yrs
0
Typical loan
$990K
To new owners
0%
Last approval
Feb 2021
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
4
Indianapolis, IN
Lykins Oil Company loans
1
In last 5 yrs
0
Typical loan
$846K
To new owners
0%
Last approval
Aug 2019
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
5
Tampa, FL
Lykins Oil Company loans
1
In last 5 yrs
0
Typical loan
$1.1M
To new owners
100%
Last approval
Aug 2019
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.