FranchiseRanked

Armada Oil & Gas Co. (BP) Product Supply Agreement

Convenience & GasSBA loans FY2021–FY2021

2

SBA Loans

$1.2M

Total Financed

$601K

Avg Loan Size

—

YoY Loan Growth

How Armada Oil & Gas Co. (BP) Product Supply Agreement Compares

  • Ranks #163 of 265 Convenience & Gas brands by SBA loan count (#2,205 of 3,543 overall).
  • Its average loan of $601K is 54% below the Convenience & Gas median of $1.3M.
  • With only 2 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Convenience & Gas brands overall see a 0.3% charge-off rate across 1,120 loans.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY20212$1.2M

FY2021 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Armada Oil & Gas Co. (BP) Product Supply Agreement Is Getting SBA-Financed

Recent SBA-Financed Armada Oil & Gas Co. (BP) Product Supply Agreement Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

VANDYKE FIRST STOP LLCDETROIT, MI
$1,112,5002021-08-13
NOUR PETRO MART LLCDETROIT, MI
$89,0002021-08-10

Frequently Asked Questions

Is Armada Oil & Gas Co. (BP) Product Supply Agreement growing or shrinking?

Armada Oil & Gas Co. (BP) Product Supply Agreement doesn't have enough SBA loan activity in both FY2020 and FY2021 to calculate a reliable year-over-year trend. For context, it ranks #163 of 265 Convenience & Gas brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.

How much does it cost to open a Armada Oil & Gas Co. (BP) Product Supply Agreement franchise?

We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $601K (54% below the typical Convenience & Gas brand's $1.3M) is a rough proxy, but SBA loans often cover only part of total investment.

What's the SBA loan default rate for Armada Oil & Gas Co. (BP) Product Supply Agreement?

Armada Oil & Gas Co. (BP) Product Supply Agreement only has 2 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Convenience & Gas brands overall see a 0.3% charge-off rate across 1,120 loans.