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Rates
NAICS 422720Wholesale Trade

How Much Can Petroleum and Petroleum Products Wholesalers (except Bulk Stations and Businesses Get in SBA Loans?

529 SBA loans totaling $180.1M have been approved for petroleum and petroleum products wholesalers (except bulk stations and businesses (NAICS 422720). The average approved SBA loan is $340K, which is near national avg the $340K national average. 222 active lenders fund this industry with a 8.2% default rate on the matured 2018-2021 loan cohort.

Low default risk8.2% vs 15.4% all industry avg

At 8.2%, Petroleum and Petroleum Products Wholesalers (except Bulk Stations and sits well below the 15.4% all industry SBA default rate (charged off as a share of resolved loans), low default risk relative to other SBA industries. The capital source prices this risk into rate and structure.

Quick Answer

NAICS 422720 (Petroleum and Petroleum Products Wholesalers (except Bulk Stations and) received 529 SBA loans worth $180.1M across 5+ states. Average loan $340K, average term 131 months, 8.2% default rate (resolved loan basis).222 active SBA approved lenders fund this industry. Most petroleum and petroleum products wholesalers (except bulk stations and loans use the SBA 7(a) program. There are approximately 388,706 U.S. establishments in this industry (Census 2022).

529
Total SBA Loans
$180.1M
Total Volume
$340K
Avg Loan Size
near national avg
222
Active Lenders
131 mo
Avg Term
near national avg
2,216
Jobs Supported

Which SBA Program Do Petroleum and Petroleum Products Wholesalers (except Bulk Stations and Businesses Use Most?

SBA 7(a)475 (90%)
SBA 50454 (10%)

What Is the Best SBA Loan for Petroleum and Petroleum Products Wholesalers (except Bulk Stations and?

SBA 7(a)

The most widely used SBA program for petroleum and petroleum products wholesalers (except bulk stations and businesses: flexible terms, multiple use cases

Industry avg loan: $340K
Typical term: 131 months
222+ lenders active in this industry
Default rate (2018 to 21 matured cohort): 8.2%

Where Are Petroleum and Petroleum Products Wholesalers (except Bulk Stations and SBA Loans Most Common?

#1
TX
77 loans
$29.0M
#2
CA
48 loans
$19.4M
#3
PA
44 loans
$8.5M
#4
NY
34 loans
$13.1M
#5
LA
19 loans
$5.6M

SBA Lending Activity in Petroleum and Petroleum Products Wholesalers (except Bulk Stations and

222 SBA lenders have funded 529 loans to petroleum and petroleum products wholesalers (except bulk stations and businesses (NAICS 422720). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.

Loans funded
529
Active lenders
222
Total volume
$180.1M
Avg loan size
$340K

Petroleum and Petroleum Products Wholesalers (except Bulk Stations and Industry Context

U.S. Establishments
388,706
U.S. Census Bureau · 2022
SBA Penetration
0.14%
SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for petroleum and petroleum products wholesalers (except bulk stations and businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense about financing a Petroleum and Petroleum Products Wholesalers (except Bulk Stations and business.

Tell us your loan amount and use of funds. PeerSense sources capital. The capital source sets the terms.

SBA 7(a) / 504: PeerSense will reach out. No obligation.

How big is your deal?
Where are you in the deal?
Equity or down payment ready
Credit score
Timeline to close
SBA already on the books?
What best describes your company
Liquid funds available outside this deal

Referral fee realized at closing · Or call (317) 452 6990

How Does SBA Lending Work for Petroleum and Petroleum Products Wholesalers (except Bulk Stations and Businesses?

Across all SBA loan programs, 529 loans have been approved for businesses classified under NAICS 422720 (Petroleum and Petroleum Products Wholesalers (except Bulk Stations and), representing $180.1M in total capital deployed. The average approved loan of $340K is near national avg the national SBA average of $340K, with typical repayment terms of 131 months.

SBA lending for petroleum and petroleum products wholesalers (except bulk stations and has remained relatively stable across recent fiscal years. 222 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.

The industry sees a balanced mix of SBA programs, with 10% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.

Talk to PeerSense about a petroleum and petroleum products wholesalers (except bulk stations and file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

Frequently Asked Questions: Petroleum and Petroleum Products Wholesalers (except Bulk Stations and SBA Loans

What is the average SBA loan size for petroleum and petroleum products wholesalers (except bulk stations and businesses?
Based on 529 approved SBA loans, the average loan size for petroleum and petroleum products wholesalers (except bulk stations and (NAICS 422720) is $340K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a petroleum and petroleum products wholesalers (except bulk stations and business?
SBA 7(a) is the most commonly used SBA program for petroleum and petroleum products wholesalers (except bulk stations and businesses. The most widely used SBA program for petroleum and petroleum products wholesalers (except bulk stations and businesses: flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for petroleum and petroleum products wholesalers (except bulk stations and?
222 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a petroleum and petroleum products wholesalers (except bulk stations and file.
What states have the most SBA lending for petroleum and petroleum products wholesalers (except bulk stations and?
TX leads with 77 SBA loans and $29.0M in total volume for petroleum and petroleum products wholesalers (except bulk stations and businesses. CA, PA, NY also show strong lending activity in this sector.
How does PeerSense help petroleum and petroleum products wholesalers (except bulk stations and businesses get SBA loans?
PeerSense is a capital advisory firm. Talk to PeerSense about a petroleum and petroleum products wholesalers (except bulk stations and file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Data aggregated from SBA loan records (1992 to 2025). Petroleum and Petroleum Products Wholesalers (except Bulk Stations and defined by NAICS code 422720. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.