How Much Can Petroleum Bulk Stations and Terminals Businesses Get in SBA Loans?
241 SBA loans totaling $118.7M have been approved for petroleum bulk stations and terminals businesses (NAICS 424710). The average approved SBA loan is $493K, which is 45% above avg the $340K national average. 122 active lenders fund this industry with a 8.3% default rate on the matured 2018-2021 loan cohort.
At 8.3%, Petroleum Bulk Stations and Terminals 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 424710 (Petroleum Bulk Stations and Terminals) received 241 SBA loans worth $118.7M across 5+ states. Average loan $493K, average term 132 months, 8.3% default rate (resolved-loan basis).122 active SBA-approved lenders fund this industry. Most petroleum bulk stations and terminals loans use the SBA 7(a) program. There are approximately 3,784 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Petroleum Bulk Stations and Terminals?+200% growth
Which SBA Program Do Petroleum Bulk Stations and Terminals Businesses Use Most?
What Is the Best SBA Loan for Petroleum Bulk Stations and Terminals?
The most widely used SBA program for petroleum bulk stations and terminals businesses — flexible terms, multiple use cases
Where Are Petroleum Bulk Stations and Terminals SBA Loans Most Common?
Top SBA Lenders for Petroleum Bulk Stations and Terminals
These banks have funded the most SBA loans for petroleum bulk stations and terminals businesses (NAICS 424710). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 13 | $9.8M |
| 2 | Glacier Bank(MT) | 11 | $2.9M |
| 3 | WesBanco Bank, Inc.(WV) | 7 | $500K |
| 4 | Citizens Bank, National Association(RI) | 7 | $380K |
| 5 | Bank of America, National Association(NC) | 6 | $780K |
Petroleum Bulk Stations and Terminals Industry Context
Ready to Fund Your Petroleum Bulk Stations and Terminals Business?
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How Does SBA Lending Work for Petroleum Bulk Stations and Terminals Businesses?
Across all SBA loan programs, 241 loans have been approved for businesses classified under NAICS 424710 (Petroleum Bulk Stations and Terminals), representing $118.7M in total capital deployed. The average approved loan of $493K is 45% above avg the national SBA average of $340K, with typical repayment terms of 132 months.
SBA lending for petroleum bulk stations and terminals is accelerating — loan volume has grown approximately 200% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2016.
The industry sees a balanced mix of SBA programs, with 14% 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 bulk stations and terminals 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 Bulk Stations and Terminals SBA Loans
What is the average SBA loan size for petroleum bulk stations and terminals businesses?
Which SBA loan program is best for a petroleum bulk stations and terminals business?
How many lenders fund SBA loans for petroleum bulk stations and terminals?
What states have the most SBA lending for petroleum bulk stations and terminals?
How does PeerSense help petroleum bulk stations and terminals businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Petroleum Bulk Stations and Terminals defined by NAICS code 424710. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.