How much do SBA lenders typically lend to a gasoline stations with convenience stores business?

The median SBA approval in NAICS 447110 is $788,400, with the middle 80% of loans between $140,000 and $2,229,000. Across all industries the median is $180,000.

Which lenders are most active in gasoline stations with convenience stores?

By dollars approved: Celtic Bank Corporation, Commonwealth Business Bank, Metro City Bank, Columbia Bank, Wallis 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 gasoline stations with convenience stores considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.9% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 447110 · Retail

SBA loans for gasoline stations with convenience stores

9,734 SBA loans worth $10.01B have been approved in this industry since FY2010 - the #19 most-financed NAICS code in the country.

Median loan

$788,400

+338% vs all industries

Typical range

$140K-$2.2M

Middle 80%

Median rate

5.75%

7(a) initial note rate

Median term

25 yr

Charge-off rate

3.9%

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
Celtic Bank Corporation	414	$592.4M
Commonwealth Business Bank	302	$412.2M
Metro City Bank	337	$397.6M
Columbia Bank	420	$387.4M
Wallis Bank	283	$386.0M
PCB Bank	205	$328.9M
Bank of Hope	281	$322.4M
Open Bank	195	$315.9M
The Huntington National Bank	315	$273.3M
Hanmi Bank	237	$270.8M

Geography

Where these loans were made

State	Loans	Share
California	1,762
Texas	1,660
Georgia	886
Washington	704
Wisconsin	424
Illinois	421
Indiana	251
Minnesota	240

Approvals by fiscal year

’10

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Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
3%
$50K - $150K
7%
$150K - $350K
12%
$350K - $1M
38%
$1M - $2M
26%
Over $2M
13%

Nearby

Other retail industries

See the sector

Beer, Wine, and Liquor Stores8,158 · $300,000 Supermarkets and Other Grocery Retailers7,314 · $350,000 Pharmacies and Drug Stores4,651 · $350,000 Convenience Stores4,629 · $179,100 Used Car Dealers4,422 · $227,750 Automotive Parts and Accessories Stores2,779 · $181,100 Beer, Wine, and Liquor Retailers2,760 · $500,000 All Other Specialty Food Stores2,624 · $150,000

Common questions

How much do SBA lenders typically lend to a gasoline stations with convenience stores business?: The median SBA approval in NAICS 447110 is $788,400, with the middle 80% of loans between $140,000 and $2,229,000. Across all industries the median is $180,000.
Which lenders are most active in gasoline stations with convenience stores?: By dollars approved: Celtic Bank Corporation, Commonwealth Business Bank, Metro City Bank, Columbia Bank, Wallis 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 gasoline stations with convenience stores considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.9% 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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