Sommers Oil (Shell) Branded Petroleum Supply Contract
2
SBA Loans
$2.0M
Total Financed
$997K
Avg Loan Size
—
YoY Loan Growth
How Sommers Oil (Shell) Branded Petroleum Supply Contract Compares
- Ranks #126 of 265 Convenience & Gas brands by SBA loan count (#2,064 of 3,543 overall).
- Its average loan of $997K is 24% 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 Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 2 | $2.0M |
FY2020 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Sommers Oil (Shell) Branded Petroleum Supply Contract Is Getting SBA-Financed
Recent SBA-Financed Sommers Oil (Shell) Branded Petroleum Supply Contract Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Sommers Oil (Shell) Branded Petroleum Supply Contract growing or shrinking?
Sommers Oil (Shell) Branded Petroleum 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 #126 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 Sommers Oil (Shell) Branded Petroleum 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 $997K (24% 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 Sommers Oil (Shell) Branded Petroleum Supply Contract?
Sommers Oil (Shell) Branded Petroleum Supply Contract 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.
Top SBA Lenders
- Summit State Bank1
- HomeTrust Bank1
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Source: SBA 7(a) FOIA loan dataset. View dataset