FranchiseRanked

Williams Oil Company - (Citgo)

Convenience & GasSBA loans FY2021–FY2021

1

SBA Loans

$1.9M

Total Financed

$1.9M

Avg Loan Size

—

YoY Loan Growth

How Williams Oil Company - (Citgo) Compares

  • Ranks #241 of 265 Convenience & Gas brands by SBA loan count (#2,804 of 3,543 overall).
  • Its average loan of $1.9M is 47% above 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 YearLoansTotal Financed
FY20211$1.9M

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

Where Williams Oil Company - (Citgo) Is Getting SBA-Financed

Recent SBA-Financed Williams Oil Company - (Citgo) Locations

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

SID CONVENIENCE CORPWHITE LAKE, NY
$1,936,0002021-07-29

Frequently Asked Questions

Is Williams Oil Company - (Citgo) growing or shrinking?

Williams Oil Company - (Citgo) doesn't have enough SBA loan activity in both FY2020 and FY2021 to calculate a reliable year-over-year trend. For context, it ranks #241 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 Williams Oil Company - (Citgo) 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 $1.9M (47% 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 Williams Oil Company - (Citgo)?

Williams Oil Company - (Citgo) 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.