How much do SBA lenders typically lend to a petroleum bulk stations and terminals business?

The median SBA approval in NAICS 424710 is $292,000, with the middle 80% of loans between $60,000 and $1,673,000. Across all industries the median is $180,000.

Which lenders are most active in petroleum bulk stations and terminals?

By dollars approved: Wells Fargo Bank, Beacon Bank and Trust, Dime Commercial Bank, Pinnacle Bank, Byline Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is petroleum bulk stations and terminals considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 0.0% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 424710 · Wholesale

SBA loans for petroleum bulk stations and terminals

119 SBA loans worth $77.7M have been approved in this industry since FY2010 - the #649 most-financed NAICS code in the country.

Median loan

$292,000

+62% vs all industries

Typical range

$60K-$1.7M

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

0.0%

vs 7.6% all industries

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Most active in this industry

Lender	Loans	Approved
Wells Fargo Bank	5	$8.7M
Beacon Bank and Trust	2	$5.0M
Dime Commercial Bank	4	$5.0M
Pinnacle Bank	2	$5.0M
Byline Bank	2	$4.0M
Midwest Business Finance Corporation	2	$3.9M
Plumas Bank	2	$3.4M
Busey Bank	2	$3.0M
Century Bank and Trust	2	$2.7M
Dakota Business Lending	1	$2.3M

Geography

Where these loans were made

State	Loans	Share
Minnesota	14
California	9
Florida	8
New York	8
Ohio	7
Wisconsin	6
Colorado	6
Texas	5

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’23

’24

’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
4%
$50K - $150K
25%
$150K - $350K
26%
$350K - $1M
22%
$1M - $2M
13%
Over $2M
9%

Nearby

Other wholesale industries

See the sector

Other Miscellaneous Durable Goods Merchant Wholesalers4,432 · $296,000 Other Miscellaneous Nondurable Goods Merchant Wholesalers3,598 · $270,000 Other Grocery and Related Products Merchant Wholesalers2,289 · $150,000 Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers1,953 · $150,000 Industrial Machinery and Equipment Merchant Wholesalers1,918 · $300,000 Sporting and Recreational Goods and Supplies Merchant Wholesalers1,706 · $191,750 Wholesale Trade Agents and Brokers1,547 · $180,000 Recyclable Material Merchant Wholesalers1,450 · $350,000

Common questions

How much do SBA lenders typically lend to a petroleum bulk stations and terminals business?: The median SBA approval in NAICS 424710 is $292,000, with the middle 80% of loans between $60,000 and $1,673,000. Across all industries the median is $180,000.
Which lenders are most active in petroleum bulk stations and terminals?: By dollars approved: Wells Fargo Bank, Beacon Bank and Trust, Dime Commercial Bank, Pinnacle Bank, Byline Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is petroleum bulk stations and terminals considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 0.0% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

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