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.
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. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
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).
Which SBA Program Do Petroleum and Petroleum Products Wholesalers (except Bulk Stations and Businesses Use Most?
What Is the Best SBA Loan for Petroleum and Petroleum Products Wholesalers (except Bulk Stations and?
The most widely used SBA program for petroleum and petroleum products wholesalers (except bulk stations and businesses — flexible terms, multiple use cases
Where Are Petroleum and Petroleum Products Wholesalers (except Bulk Stations and SBA Loans Most Common?
Top SBA Lenders for Petroleum and Petroleum Products Wholesalers (except Bulk Stations and
These banks have funded the most SBA loans for petroleum and petroleum products wholesalers (except bulk stations and businesses (NAICS 422720). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 33 | $12.8M |
| 2 | PNC Bank, National Association(DE) | 28 | $6.9M |
| 3 | JPMorgan Chase Bank, National Association(OH) | 20 | $4.0M |
| 4 | Bank of America, National Association(NC) | 19 | $2.4M |
| 5 | Business Loan Center, LLC(SC) | 16 | $11.8M |
Petroleum and Petroleum Products Wholesalers (except Bulk Stations and Industry Context
Ready to Fund Your Petroleum and Petroleum Products Wholesalers (except Bulk Stations and Business?
PeerSense places SBA loans for petroleum and petroleum products wholesalers (except bulk stations and businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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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.
PeerSense specializes in matching petroleum and petroleum products wholesalers (except bulk stations and business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
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?
Which SBA loan program is best for a petroleum and petroleum products wholesalers (except bulk stations and business?
How many lenders fund SBA loans for petroleum and petroleum products wholesalers (except bulk stations and?
What states have the most SBA lending for petroleum and petroleum products wholesalers (except bulk stations and?
How does PeerSense help petroleum and petroleum products wholesalers (except bulk stations and businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Petroleum and Petroleum Products Wholesalers (except Bulk Stations and defined by NAICS code 422720. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.