SBA Loans for Gasoline Stations with Convenience Stores in Michigan: Top Lenders
NAICS 447NAICS 447 covers gasoline stations with convenience stores businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Michigan
Median Loan Size
$582,100
per approval
Recent Activity
0
last 90 days through Aug 2021
NAICS 447 covers gasoline stations with convenience stores businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $582,100.
Key trends & insights
- Gasoline Stations with Convenience Stores in Michigan lending is concentrated — Isabella Bank, Nicolet National Bank, Millennium Bank together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Isabella Bank leads this industry with 1 approvals (25% market share) and a median loan of $517,200.
- SBA data for this industry goes through 2021-08-13 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Gasoline Stations with Convenience Stores in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $517,200 | |
| 2 | 1 | $472,500 | |
| 3 | 1 | $647,000 | |
| 4 | 1 | $1,112,500 |
Recent SBA 7(a) approvals for Gasoline Stations with Convenience Stores in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2021-08 | IncredibleBank | VAN*****LLC | DETROIT, MI | $1,112,500 |
| 2021-05 | Nicolet National Bank | CRS*****LLC | Mc Millan, MI | $472,500 |
| 2020-04 | Isabella Bank | Wil*****LLC | Crystal, MI | $517,200 |
| 2020-02 | Millennium Bank | Gla*****LLC | Gladstone, MI | $647,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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