SBA Loans for Gasoline Stations with Convenience Stores in Virginia: Top Lenders

NAICS 447

NAICS 447 covers gasoline stations with convenience stores businesses in Virginia. Based on historical SBA 7(a) lending data.

Total Approvals

6

in Virginia

Median Loan Size

$308,550

per approval

Recent Activity

0

last 90 days through Jan 2022

NAICS 447 covers gasoline stations with convenience stores businesses. This is a smaller category in SBA 7(a) lending with 6 approvals on record and a median loan size of $308,550.

Key trends & insights

  • Gasoline Stations with Convenience Stores in Virginia lending is concentrated — Farmers & Merchants Bank, Bayport Federal Credit Union, Virginia National Bank together account for 50% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Farmers & Merchants Bank leads this industry with 1 approvals (17% market share) and a median loan of $150,000.
  • SBA data for this industry goes through 2022-01-21 — 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 Virginia

#LenderApprovalsMedian Size
11$150,000
21$140,000
31$60,000
41$467,100
51$730,000
61$658,300

Recent SBA 7(a) approvals for Gasoline Stations with Convenience Stores in Virginia

MonthLenderBorrowerAmount
2022-02Pinnacle BankGIL*****LLC$933,000
2022-01Pinnacle BankMK *****LLC$730,000
2021-11Celtic Bank CorporationHil*****art$658,300
2021-08Citizens BankYas****LLC$467,100
2021-08Farmers & Merchants BankUNZ*****LLC$150,000
2021-04Virginia National BankPot*****Inc$60,000
2019-10BayPort Federal Credit UnionRS *****LLC$140,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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