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FRANCHISE BRAND· Gasoline Stations with Convenience Stores

SBA loans for Speed Petroleum, LLC Fuel Supply Agreement

8 SBA loans have financed Speed Petroleum, LLC Fuel Supply Agreement locations since 2021, written by 6 different lenders across 1 states. Half were approved for $2.4M or less, the mix is almost entirely 7(a), and 63% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
8
8 in last 5 yrs
Median approval
$2.4M
90th pct $3.8M
Total approved
$19.9M
all years
To new owners
63%
5 loans
Lenders
6
1 states

The lenders that fund Speed Petroleum, LLC Fuel Supply Agreement

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
Dallas, TX
Speed Petroleum, LLC Fuel Supply Agreement loans
2
In last 5 yrs
2
Typical loan
$1.9M
To new owners
50%
Last approval
Aug 2022
2
Doraville, GA
Speed Petroleum, LLC Fuel Supply Agreement loans
2
In last 5 yrs
2
Typical loan
$3.1M
To new owners
0%
Last approval
Sep 2021
3
Houston, TX
Speed Petroleum, LLC Fuel Supply Agreement loans
1
In last 5 yrs
1
Typical loan
$2.1M
To new owners
100%
Last approval
Apr 2023
4
Kingwood, TX
Speed Petroleum, LLC Fuel Supply Agreement loans
1
In last 5 yrs
1
Typical loan
$4.0M
To new owners
100%
Last approval
Nov 2022
5
Salt Lake City, UT
Speed Petroleum, LLC Fuel Supply Agreement loans
1
In last 5 yrs
1
Typical loan
$1.4M
To new owners
100%
Last approval
Nov 2022
6
Lafayette, LA
Speed Petroleum, LLC Fuel Supply Agreement loans
1
In last 5 yrs
1
Typical loan
$2.4M
To new owners
100%
Last approval
Mar 2022