FranchiseRanked

Star Midwest Petroleum Inc. - Motor Fuels Sales Agreement

Convenience & GasSBA loans FY2020–FY2021

3

SBA Loans

$659K

Total Financed

$220K

Avg Loan Size

—

YoY Loan Growth

How Star Midwest Petroleum Inc. - Motor Fuels Sales Agreement Compares

  • Ranks #83 of 265 Convenience & Gas brands by SBA loan count (#1,675 of 3,543 overall).
  • Its average loan of $220K is 83% below the Convenience & Gas median of $1.3M.
  • With only 3 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$212K
FY20212$448K

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

Where Star Midwest Petroleum Inc. - Motor Fuels Sales Agreement Is Getting SBA-Financed

Recent SBA-Financed Star Midwest Petroleum Inc. - Motor Fuels Sales Agreement Locations

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

Rana Enterprises, Inc.Gas City, IN
$127,5002020-10-30
Rana Enterprises, Inc.Gas City, IN
$320,0002020-10-30
Dhillon & Dhillon LLCCloverdale, IN
$211,5002019-10-03

Frequently Asked Questions

Is Star Midwest Petroleum Inc. - Motor Fuels Sales Agreement growing or shrinking?

Star Midwest Petroleum Inc. - Motor Fuels Sales 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 #83 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 Star Midwest Petroleum Inc. - Motor Fuels Sales 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 $220K (83% 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 Star Midwest Petroleum Inc. - Motor Fuels Sales Agreement?

Star Midwest Petroleum Inc. - Motor Fuels Sales Agreement only has 3 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.