FranchiseRanked

U.S. Oil (Citgo) Retailer Supply Agreement

Convenience & GasSBA loans FY2020–FY2023

5

SBA Loans

$2.6M

Total Financed

$527K

Avg Loan Size

—

YoY Loan Growth

How U.S. Oil (Citgo) Retailer Supply Agreement Compares

  • Ranks #56 of 265 Convenience & Gas brands by SBA loan count (#1,367 of 3,543 overall).
  • Its average loan of $527K is 60% 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 YearLoansTotal Financed
FY20202$465K
FY20211$401K
FY20232$1.8M

FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where U.S. Oil (Citgo) Retailer Supply Agreement Is Getting SBA-Financed

Recent SBA-Financed U.S. Oil (Citgo) Retailer Supply Agreement Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

Virk's LiquorJanesville, WI
$1,240,0002023-05-19
Komal Memon LLCCONYERS, GA
$530,0002023-02-13
AKSHAT ENTERPRISE, INCWinter Haven, FL
$401,0002021-06-23
Hank Fai Yee and Hank Fai Yee CorporationPALMYRA, WI
$65,0002020-05-07
Anderson Ria, Inc.KENOSHA, WI
$400,0002020-04-22

Frequently Asked Questions

Is U.S. Oil (Citgo) Retailer Supply Agreement growing or shrinking?

U.S. Oil (Citgo) Retailer 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 #56 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 U.S. Oil (Citgo) Retailer 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 $527K (60% 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 U.S. Oil (Citgo) Retailer Supply Agreement?

U.S. Oil (Citgo) Retailer Supply 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.