sbaloanshq
Franchises›Sommers Oil Company - Petroleum Supply Contract
SBA Franchise IDS6509

SBA Loans for Sommers Oil Company - Petroleum Supply Contract Franchises

Who actually funds Sommers Oil Company - Petroleum Supply Contract SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2023.

3
SBA 7(a) loans
$3.6M
Total approved
$1.2M
Avg loan size
3
Lenders

Top lenders funding Sommers Oil Company - Petroleum Supply Contract SBA loans

Ranked by number of Sommers Oil Company - Petroleum Supply Contract 7(a) loans approved since 2021.

#LenderLoansTotal VolumeAvg Loan
1Centerstone SBA Lending, Inc.1$1.1M$1.1M
1Coastal States Bank1$1.4M$1.4M
1Truliant FCU1$1.1M$1.1M

Source: SBA FOIA 7(a) loan-level data, 2021 to 2023. Shows lenders with at least one approved Sommers Oil Company - Petroleum Supply Contract loan in this period, ranked by loan count.

Sommers Oil Company - Petroleum Supply Contract SBA loans by state

StateLoansTotal VolumeAvg Loan
GA2$2.4M$1.2M
SC1$1.1M$1.1M

Sommers Oil Company - Petroleum Supply Contract SBA loans by year

FY2021
1
$1.4M
FY2022
1
$1.1M
FY2023
1
$1.1M

How Sommers Oil Company - Petroleum Supply Contract SBA loans have performed

Outcomes for every funded Sommers Oil Company - Petroleum Supply Contract 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.

Defaulted
0 of 2
0.0% · SBA paid out on the guaranty
Charged off
0 of 2
0.0% · Written off (part of defaulted)
Paid in full
0 of 2
0.0% · Loan fully repaid
Still active
2 of 2
100.0% · Open and not in default

Source: SBA FOIA 7(a) loan-level data. Defaulted means the SBA purchased the guaranty (charged off, or purchased and not yet charged off). Recent loans have had less time to default, and small loan counts swing widely, so one or two loans can move these percentages a lot.

How to use this

The lenders above have actually closed SBA 7(a) loans for Sommers Oil Company - Petroleum Supply Contract franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.

A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in, and we match your Sommers Oil Company - Petroleum Supply Contract deal to a lender currently funding this brand.

Financing a Sommers Oil Company - Petroleum Supply Contract franchise?

We know which lenders are actively funding Sommers Oil Company - Petroleum Supply Contract deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).