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Retail Trade

SBA Lenders for Gas Stations

Top lenders ranked by real SBA lending data for gas stations nationwide.

What Borrowers Should Know

Gas station loans carry a 48-basis-point pricing advantage compared to the national median 7(a) spread. At P+2.27% versus the typical P+2.75%, you could save roughly $6,000 annually on a $1.25M loan—a meaningful difference for an industry with historically thin margins.

California dominates with 1,976 deals (68% of all gas station SBA loans), while the next four states combined account for only 738 deals. If you're operating outside CA, FL, AZ, CO, or AL, you'll face a less developed lending ecosystem with fewer lenders specializing in your market—expect slower approvals and potentially less competitive terms.

The top 5 lenders (Columbia, Celtic, Commonwealth, Open, Bank of Hope) control roughly 804 of the 2,923 deals (27%). While this concentration suggests established expertise in gas station lending, it also means 386 active lenders are competing for a mature market. You have real choice, but only if you qualify for the specialists—many smaller lenders may decline or impose stricter collateral requirements.

Total SBA Loans

11,178

Active Lenders

1,141

Avg Deal Size

$979K

Total Volume

$10.9B

Gas Stations SBA loans average $979K in deal size across 11,178 total loans. The median 7(a) spread in this segment is P + 2.24%.

Top Lenders for Gas Stations

Ranked by total deal count nationwide.

#LenderTypeDealsAvg SizeSpread
1Celtic Bank CorporationBank416$1.4MP + 2.52%
2Columbia BankBank410$929KP + 2.70%
3Metro City BankBank336$1.2MP + 1.76%
4Commonwealth Business BankBank306$1.4MP + 1.71%
5Wallis BankBank288$1.3MP + 2.00%
6Bank of HopeBank284$1.2MP + 2.25%
7Byline BankBank278$990KP + 2.70%
8Hanmi BankBank238$1.1MP + 2.35%
9The Huntington National BankBank216$725KP + 2.41%
10Ameris BankBank210$1.1MP + 2.28%
11PCB BankBank203$1.6MP + 1.78%
12Open BankBank198$1.6MP + 1.61%
13Wells Fargo Bank National AssociationBank162$893KP + 2.94%
14Citizens Bank, National AssociationBank129$965KP + 2.07%
15Bank Five NineBank126$779KP + 1.77%

Top States for Gas Stations

Where gas stations SBA lending is most active.

California144 lenders
1,976 deals$1.5M avg
Texas154 lenders
1,758 deals$1.2M avg
Georgia98 lenders
948 deals$979K avg
Washington60 lenders
730 deals$1.4M avg
Wisconsin85 lenders
497 deals$709K avg
Illinois86 lenders
456 deals$881K avg
Minnesota96 lenders
326 deals$485K avg
Indiana70 lenders
304 deals$683K avg
Florida75 lenders
298 deals$835K avg
Michigan65 lenders
237 deals$757K avg
Ohio53 lenders
213 deals$617K avg
Massachusetts55 lenders
199 deals$358K avg
North Carolina56 lenders
195 deals$873K avg
New York43 lenders
183 deals$515K avg
Utah34 lenders
164 deals$622K avg