FranchiseRanked

Wallace Oil Company. Inc (Multi-Brands) Fuel Supply Agreement

Convenience & GasSBA loans FY2020–FY2024

7

SBA Loans

$11.4M

Total Financed

$1.6M

Avg Loan Size

—

YoY Loan Growth

How Wallace Oil Company. Inc (Multi-Brands) Fuel Supply Agreement Compares

  • Ranks #31 of 265 Convenience & Gas brands by SBA loan count (#1,100 of 3,543 overall).
  • Its average loan of $1.6M is 24% above the Convenience & Gas median of $1.3M.
  • With only 7 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$3.0M
FY20212$1.4M
FY20221$1.1M
FY20242$5.9M

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

Where Wallace Oil Company. Inc (Multi-Brands) Fuel Supply Agreement Is Getting SBA-Financed

Recent SBA-Financed Wallace Oil Company. Inc (Multi-Brands) Fuel Supply Agreement Locations

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

1104 Thornton LLCLITHIA SPRINGS, GA
$900,0002024-05-16
Velocity Investments IncNEWCASTLE, WA
$5,000,0002024-05-11
DEVRAN LLCEATONTON, GA
$1,128,0002022-01-13
Laxmi Mata LLCMilledgeville, GA
$555,0002021-08-20
Walkman Corner LLCRiverdale, GA
$852,1002021-04-26
Brownbridge Texaco, IncCOVINGTON, GA
$1,075,0002020-09-02
Bansi Goup LLCKennesaw, GA
$1,900,0002019-11-14

Frequently Asked Questions

Is Wallace Oil Company. Inc (Multi-Brands) Fuel Supply Agreement growing or shrinking?

Wallace Oil Company. Inc (Multi-Brands) Fuel 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 #31 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 Wallace Oil Company. Inc (Multi-Brands) Fuel 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 $1.6M (24% above 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 Wallace Oil Company. Inc (Multi-Brands) Fuel Supply Agreement?

Wallace Oil Company. Inc (Multi-Brands) Fuel Supply Agreement only has 7 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

  • Georgia's Own Credit Union2
  • Commonwealth Business Bank2
  • HomeTrust Bank1
  • Cogent Bank1
  • Embassy National Bank1
Planning to finance a convenience & gas purchase?

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