Condon Oil Co. (BP) - Sales Agreement
5
SBA Loans
$4.4M
Total Financed
$887K
Avg Loan Size
—
YoY Loan Growth
How Condon Oil Co. (BP) - Sales Agreement Compares
- Ranks #55 of 265 Convenience & Gas brands by SBA loan count (#1,364 of 3,543 overall).
- Its average loan of $887K is 33% below the Convenience & Gas median of $1.3M.
- With only 5 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Convenience & Gas brands overall see a 0.3% charge-off rate across 1,120 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 1 | $687K |
| FY2021 | 3 | $2.2M |
| FY2022 | 1 | $1.6M |
FY2022 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Condon Oil Co. (BP) - Sales Agreement Is Getting SBA-Financed
Recent SBA-Financed Condon Oil Co. (BP) - Sales Agreement Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Condon Oil Co. (BP) - Sales Agreement growing or shrinking?
Condon Oil Co. (BP) - Sales Agreement doesn't have enough SBA loan activity in both FY2021 and FY2022 to calculate a reliable year-over-year trend. For context, it ranks #55 of 265 Convenience & Gas brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Condon Oil Co. (BP) - Sales Agreement franchise?
We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $887K (33% below the typical Convenience & Gas brand's $1.3M) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Condon Oil Co. (BP) - Sales Agreement?
Condon Oil Co. (BP) - Sales Agreement only has 5 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Convenience & Gas brands overall see a 0.3% charge-off rate across 1,120 loans.
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Source: SBA 7(a) FOIA loan dataset. View dataset