PacWest Energy (Shell) resales: SBA acquisition loan data
Since FY2018, SBA lenders have approved 14 7(a) loans to buy an existing business operating under a PacWest Energy (Shell) brand or supply agreement (classified mostly as Gasoline Stations with Convenience Stores), totaling $37.8M. The median loan was $2,133,000, 231% higher than the $645,250 median for all SBA-financed acquisitions. 4 of these loans were approved in the last two fiscal years.
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What this tells a buyer
- Price range to expect. Loan size tracks purchase price. Half of PacWest Energy (Shell) resale loans landed between $1,847,500 and $3,475,750.
- Lender experience exists. Mountain Pacific Bank alone has financed 4 PacWest Energy (Shell) resales.
- Guaranty. The SBA guaranteed 75% of the dollars lent here.
- What the file leaves out. The SBA file does not record the terms of the brand or supply agreement.
Financing a PacWest Energy (Shell) resale
The median SBA 7(a) loan for a PacWest Energy (Shell) resale was $2,133,000 across 14 loans (FY2018 to FY2026). Mountain Pacific Bank, UniBank and Open Bank have financed the most PacWest Energy (Shell) resales. Too few of these loans are old enough to measure a charge-off rate; the average for all SBA acquisition loans is 3.5%.
PacWest Energy (Shell) acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 3 | $5.6M | $2,000,000 | |
| FY2019 | 3 | $10.1M | $3,010,000 | |
| FY2020 | 1 | $1.6M | $1,583,500 | |
| FY2021 | 1 | $300K | $300,000 | |
| FY2022 | 0 | $0 | - | |
| FY2023 | 1 | $5M | $5,000,000 | |
| FY2024 | 1 | $3.6M | $3,581,000 | |
| FY2025 | 2 | $6.5M | $3,250,000 | |
| FY2026 | 2 | $5.2M | $2,575,000 |
How often do these acquisition loans fail?
Fewer than 20 PacWest Energy (Shell) acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
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Lenders financing PacWest Energy (Shell) resales
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Mountain Pacific Bank | 4 | 28.6% | $11.2M | |
| 2 | UniBank | 3 | 21.4% | $8.9M | |
| 3 | Open Bank | 2 | 14.3% | $5.2M | |
| 4 | PCB Bank | 1 | 7.1% | $4.7M | |
| 5 | Readycap Lending, LLC | 1 | 7.1% | $3.6M | |
| 6 | Metro City Bank | 1 | 7.1% | $2.2M | |
| 7 | Southwestern National Bank | 1 | 7.1% | $1.8M | |
| 8 | Arizona Financial Credit Union | 1 | 7.1% | $300K |
States where PacWest Energy (Shell) units are bought
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Washington | 13 | 92.9% | $37.5M | |
| 2 | Arizona | 1 | 7.1% | $300K |
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Questions buyers ask
How much do buyers borrow to buy a business operating under a PacWest Energy (Shell) brand or supply agreement?
The median SBA 7(a) loan for a PacWest Energy (Shell) resale was $2,133,000 across 14 loans (FY2018 to FY2026). The middle half of loans ran from $1,847,500 to $3,475,750. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance PacWest Energy (Shell) acquisitions?
Mountain Pacific Bank has made the most SBA acquisition loans for PacWest Energy (Shell) (4, 29% of the total). UniBank, Open Bank, PCB Bank follow.
What interest rate and term do PacWest Energy (Shell) acquisition loans carry?
The average initial rate at approval was 7.29% (a blend of fixed and variable loans across several rate environments, so treat it as context, not a quote). The median term was 25 years.
Is a PacWest Energy (Shell) resale riskier than other SBA-financed acquisitions?
Too few PacWest Energy (Shell) acquisition loans are old enough to measure. The benchmark for all SBA acquisition loans is 3.5% charged off in the FY2018 to FY2021 cohort.
Where are PacWest Energy (Shell) units being bought with SBA loans?
Washington (13), Arizona (1). State counts follow where the brand has units and where SBA lending is most active generally; see the state pages for the overall picture.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
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Related
- All Gasoline Stations with Convenience Stores acquisitions
- Washington acquisitions
- Arizona acquisitions
- Mountain Pacific Bank
- UniBank
- Open Bank
- All franchise brands
Brand name as recorded by lenders in the SBA file: "PacWest Energy (Shell) Retail Sales Agreement" (franchise code S2528). Figures are aggregates of public SBA data and are not provided or endorsed by the brand owner or supplier.