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NAICS 445131 · Retail
SBA loans for convenience retailers
1,113 SBA loans worth $535.2M have been approved in this industry since FY2010 - the #187 most-financed NAICS code in the country.
Median loan
$252,600
+40% vs all industries
Typical range
$27K-$1.2M
Middle 80%
Median rate
9.75%
7(a) initial note rate
Median term
10 yr
Charge-off rate
-
Cohort too small
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 | Share |
|---|---|---|---|
| Hanmi Bank | 37 | $27.6M | |
| Commonwealth Business Bank | 46 | $25.8M | |
| Readycap Lending, LLC | 28 | $24.3M | |
| Open Bank | 16 | $19.0M | |
| The Huntington National Bank | 90 | $16.2M | |
| US Metro Bank | 10 | $15.1M | |
| Bank of Hope | 28 | $14.3M | |
| Celtic Bank Corporation | 17 | $13.9M | |
| Metro City Bank | 16 | $12.6M | |
| U.S. Bank | 40 | $12.4M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 201 | |
| Washington | 109 | |
| Texas | 87 | |
| Ohio | 82 | |
| Massachusetts | 61 | |
| New York | 61 | |
| Michigan | 58 | |
| Florida | 55 |
An SBA 7(a) lender for loans this size
56% of the SBA loans approved in convenience retailers since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K14%
- $50K - $150K23%
- $150K - $350K19%
- $350K - $1M30%
- $1M - $2M11%
- Over $2M3%
Franchise brands in Convenience Retailers
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| 7-Eleven, Inc | 10 | $4.5M | |
| Circle K | 7 | $4.7M | |
| Offen Petroleum Retail Product Sales Agreement | 2 | $1.9M | |
| Circle K Convenience Store & Motor Fuel Franchise | 1 | $956K | |
| World Fuel Services, Inc. Fuel Supply Agreement | 1 | $2.0M | |
| U.S. Oil Retailer Supply Agreement | 1 | $600K | |
| Marathon-Flint Oil Company | 1 | $425K | |
| Chester's | 1 | $1.4M | |
| SEI Fuel Services, Inc Motor Fuel Supply & Security Agreement | 1 | $1.6M | |
| VP Racing Fuels, Inc. | 1 | $1.2M |
Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.
Nearby
Other retail industries
Common questions
- How much do SBA lenders typically lend to a convenience retailers business?
- The median SBA approval in NAICS 445131 is $252,600, with the middle 80% of loans between $26,800 and $1,230,000. Across all industries the median is $180,000.
- Which lenders are most active in convenience retailers?
- By dollars approved: Hanmi Bank, Commonwealth Business Bank, Readycap Lending, LLC, Open Bank, The Huntington National 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.
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