FranchiseRanked

Thompson Energy (Citgo) - Personal Supply and Motor Fuel Operations Agreement

Convenience & GasSBA loans FY2020–FY2020

2

SBA Loans

$1.2M

Total Financed

$579K

Avg Loan Size

—

YoY Loan Growth

How Thompson Energy (Citgo) - Personal Supply and Motor Fuel Operations Agreement Compares

  • Ranks #129 of 265 Convenience & Gas brands by SBA loan count (#2,070 of 3,543 overall).
  • Its average loan of $579K is 56% 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 YearLoansTotal Financed
FY20202$1.2M

FY2020 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Thompson Energy (Citgo) - Personal Supply and Motor Fuel Operations Agreement Is Getting SBA-Financed

Recent SBA-Financed Thompson Energy (Citgo) - Personal Supply and Motor Fuel Operations Agreement Locations

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

S.S. Patel IncCohutta, GA
$529,0002020-09-21
S.S. Patel IncCOHUTTA, GA
$629,0002020-04-22

Frequently Asked Questions

Is Thompson Energy (Citgo) - Personal Supply and Motor Fuel Operations Agreement growing or shrinking?

Thompson Energy (Citgo) - Personal Supply and Motor Fuel Operations Agreement doesn't have enough SBA loan activity in both FY2019 and FY2020 to calculate a reliable year-over-year trend. For context, it ranks #129 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 Thompson Energy (Citgo) - Personal Supply and Motor Fuel Operations 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 $579K (56% 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 Thompson Energy (Citgo) - Personal Supply and Motor Fuel Operations Agreement?

Thompson Energy (Citgo) - Personal Supply and Motor Fuel Operations Agreement 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.