FranchiseRanked

KARS Petro Distributors, LLC (Multi-Brand) Dealer Supply Agreement

Convenience & GasSBA loans FY2020–FY2024

8

SBA Loans

$9.0M

Total Financed

$1.1M

Avg Loan Size

—

YoY Loan Growth

How KARS Petro Distributors, LLC (Multi-Brand) Dealer Supply Agreement Compares

  • Ranks #30 of 265 Convenience & Gas brands by SBA loan count (#1,034 of 3,543 overall).
  • Its average loan of $1.1M is 14% below the Convenience & Gas median of $1.3M.
  • With only 8 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
FY20201$876K
FY20212$1.9M
FY20223$3.0M
FY20231$1.0M
FY20241$2.3M

FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where KARS Petro Distributors, LLC (Multi-Brand) Dealer Supply Agreement Is Getting SBA-Financed

Recent SBA-Financed KARS Petro Distributors, LLC (Multi-Brand) Dealer Supply Agreement Locations

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

JAY HANUMAN 2024 LLCMOBILE, AL
$2,280,0002024-05-15
Harsh & Janki IncEnglewood, FL
$1,011,6002022-10-24
Harsh & Janki IncEnglewood, FL
$1,011,6002022-09-15
Akshar Purushottam Krupa, LLCTAMPA, FL
$743,7002022-03-08
JR LAGUERRE LLCORLANDO, FL
$1,245,0002021-10-14
Rekhi Properties IncColumbus, GA
$853,0002021-09-27
2GO EnterprisesSpring Hill, FL
$1,003,0002021-02-09
TRUISM GROUP, INC.Orlando, FL
$875,5002020-07-29

Frequently Asked Questions

Is KARS Petro Distributors, LLC (Multi-Brand) Dealer Supply Agreement growing or shrinking?

KARS Petro Distributors, LLC (Multi-Brand) Dealer Supply Agreement doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #30 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 KARS Petro Distributors, LLC (Multi-Brand) Dealer 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 $1.1M (14% 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 KARS Petro Distributors, LLC (Multi-Brand) Dealer Supply Agreement?

KARS Petro Distributors, LLC (Multi-Brand) Dealer Supply Agreement only has 8 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.

Top SBA Lenders

  • TD Bank, National Association2
  • TowneBank2
  • Readycap Lending, LLC1
  • Embassy National Bank1
  • Byline Bank1
Planning to finance a convenience & gas purchase?

Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.

Source: SBA 7(a) FOIA loan dataset. View dataset