Speed Petroleum, LLC (Multi-brands) Fuel Supply Agreement
8
SBA Loans
$19.9M
Total Financed
$2.5M
Avg Loan Size
—
YoY Loan Growth
How Speed Petroleum, LLC (Multi-brands) Fuel Supply Agreement Compares
- Ranks #104 of 413 Retail brands by SBA loan count (#1,058 of 3,543 overall).
- Its average loan of $2.5M is 500% above the Retail median of $415K.
- With only 8 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2021 | 2 | $6.2M |
| FY2022 | 3 | $6.3M |
| FY2023 | 3 | $7.5M |
FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Speed Petroleum, LLC (Multi-brands) Fuel Supply Agreement Is Getting SBA-Financed
Recent SBA-Financed Speed Petroleum, LLC (Multi-brands) Fuel Supply Agreement Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Speed Petroleum, LLC (Multi-brands) Fuel Supply Agreement growing or shrinking?
Speed Petroleum, LLC (Multi-brands) Fuel Supply Agreement doesn't have enough SBA loan activity in both FY2022 and FY2023 to calculate a reliable year-over-year trend. For context, it ranks #104 of 413 Retail brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Speed Petroleum, LLC (Multi-brands) Fuel Supply 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 $2.5M (500% above the typical Retail brand's $415K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Speed Petroleum, LLC (Multi-brands) Fuel Supply Agreement?
Speed Petroleum, LLC (Multi-brands) Fuel Supply Agreement only has 8 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.
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Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset