SBA Loans for Fuel Dealers in Virginia: Top Lenders
NAICS 454NAICS 454 covers fuel dealers businesses in Virginia. Based on historical SBA 7(a) lending data.
Total Approvals
7
in Virginia
Median Loan Size
$65,000
per approval
Recent Activity
0
last 90 days through Apr 2023
NAICS 454 covers fuel dealers businesses. This is a smaller category in SBA 7(a) lending with 7 approvals on record and a median loan size of $65,000.
Key trends & insights
- Fuel Dealers in Virginia lending is concentrated — Wells Fargo Bank, National Association, Newtek Small Business Finance, INC., United Midwest Savings Bank, National Association together account for 57% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Wells Fargo Bank, National Association leads this industry with 2 approvals (29% market share) and a median loan of $5,000.
- Fuel Dealers in Virginia loans skew smaller than the SBA average at $65,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2023-04-04 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Fuel Dealers in Virginia
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $5,000 | |
| 2 | 1 | $350,000 | |
| 3 | 1 | $65,000 | |
| 4 | 1 | $25,000 | |
| 5 | 1 | $350,000 | |
| 6 | 1 | $1,434,500 |
Recent SBA 7(a) approvals for Fuel Dealers in Virginia
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-04 | TD Bank, National Association | The*****LLC | RESTON, VA | $25,000 |
| 2022-07 | Newtek Small Business Finance, Inc. | Ama*****LLC | VIRGINIA BEACH, VA | $350,000 |
| 2022-02 | Wells Fargo Bank National Association | VAC*****LLC | CHESAPEAKE, VA | $5,000 |
| 2021-08 | Cadence Bank | TEC*****LLC | MADISON HEIGHTS, VA | $350,000 |
| 2021-08 | United Midwest Savings Bank National Association | Pea*****LLC | RICHMOND, VA | $65,000 |
| 2021-05 | TowneBank | Cla*****LLC | CHESTERFIELD, VA | $1,434,500 |
| 2020-02 | Wells Fargo Bank National Association | BAR*****LLC | WOODBRIDGE, VA | $5,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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