World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dealer Motor Fuel Purchase Contract
5
SBA Loans
$8.0M
Total Financed
$1.6M
Avg Loan Size
—
YoY Loan Growth
How World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dealer Motor Fuel Purchase Contract Compares
- Ranks #54 of 265 Convenience & Gas brands by SBA loan count (#1,362 of 3,543 overall).
- Its average loan of $1.6M is 22% above 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 | 2 | $2.5M |
| FY2021 | 1 | $1.1M |
| FY2022 | 1 | $906K |
| FY2024 | 1 | $3.5M |
FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dealer Motor Fuel Purchase Contract Is Getting SBA-Financed
Recent SBA-Financed World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dealer Motor Fuel Purchase Contract Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dealer Motor Fuel Purchase Contract growing or shrinking?
World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dealer Motor Fuel Purchase Contract doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #54 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 World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dealer Motor Fuel Purchase Contract 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 $1.6M (22% above 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 World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dealer Motor Fuel Purchase Contract?
World Fuel Services Inc. aka Lakeside Oil (Citgo) Retail Dealer Motor Fuel Purchase Contract 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.
Top SBA Lenders
- Waukesha State Bank2
- Enterprise Bank & Trust1
- Celtic Bank Corporation1
- Commonwealth Business Bank1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset