Mid-State Petroleum (Citgo) - Motor Fuel Supply Contract
1
SBA Loans
$1.1M
Total Financed
$1.1M
Avg Loan Size
—
YoY Loan Growth
How Mid-State Petroleum (Citgo) - Motor Fuel Supply Contract Compares
- Ranks #201 of 265 Convenience & Gas brands by SBA loan count (#2,676 of 3,543 overall).
- Its average loan of $1.1M is 16% 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 Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 1 | $1.1M |
FY2020 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Mid-State Petroleum (Citgo) - Motor Fuel Supply Contract Is Getting SBA-Financed
Recent SBA-Financed Mid-State Petroleum (Citgo) - Motor Fuel Supply Contract Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Mid-State Petroleum (Citgo) - Motor Fuel Supply Contract growing or shrinking?
Mid-State Petroleum (Citgo) - Motor Fuel Supply Contract doesn't have enough SBA loan activity in both FY2019 and FY2020 to calculate a reliable year-over-year trend. For context, it ranks #201 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 Mid-State Petroleum (Citgo) - Motor Fuel Supply Contract 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 (16% 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 Mid-State Petroleum (Citgo) - Motor Fuel Supply Contract?
Mid-State Petroleum (Citgo) - Motor Fuel Supply Contract 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.
Top SBA Lenders
- Readycap Lending, LLC1
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Source: SBA 7(a) FOIA loan dataset. View dataset