FranchiseRanked

Good Oil Company, Inc. (BP) Contract of Sale

Convenience & GasSBA loans FY2021–FY2021

1

SBA Loans

$765K

Total Financed

$765K

Avg Loan Size

—

YoY Loan Growth

How Good Oil Company, Inc. (BP) Contract of Sale Compares

  • Ranks #249 of 265 Convenience & Gas brands by SBA loan count (#2,841 of 3,543 overall).
  • Its average loan of $765K is 42% below the Convenience & Gas median of $1.3M.
  • With only 1 loan 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
FY20211$765K

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

Where Good Oil Company, Inc. (BP) Contract of Sale Is Getting SBA-Financed

Recent SBA-Financed Good Oil Company, Inc. (BP) Contract of Sale Locations

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

AJ Foodmart CorpFrankfort, IN
$765,0002021-09-15

Frequently Asked Questions

Is Good Oil Company, Inc. (BP) Contract of Sale growing or shrinking?

Good Oil Company, Inc. (BP) Contract of Sale doesn't have enough SBA loan activity in both FY2020 and FY2021 to calculate a reliable year-over-year trend. For context, it ranks #249 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 Good Oil Company, Inc. (BP) Contract of Sale 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 $765K (42% 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 Good Oil Company, Inc. (BP) Contract of Sale?

Good Oil Company, Inc. (BP) Contract of Sale only has 1 SBA loan 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.