Support Activities for Oil and Gas Operations: SBA business acquisition loan data
30 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Support Activities for Oil and Gas Operations (NAICS 213112), totaling $42.3M. Median loan $819,000, 27% higher than the all-acquisition median.
Seller note standby terms and third-party consents are reviewed before closing.
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Reading this industry's numbers
- Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $2,078,750 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.1% of all SBA-financed business purchases, ranking #226 of 300 industries tracked.
- Geography. Texas leads with 11 loans; the top five states account for 80% of the industry's acquisitions.
- Jobs. Lenders reported 382 jobs supported across these loans, about 12.7 per acquisition, a rough proxy for the size of business changing hands.
Support Activities for Oil and Gas Operations acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 1 | $1.2M | $1,233,000 | |
| FY2019 | 8 | $13.2M | $897,500 | |
| FY2020 | 1 | $350K | $350,000 | |
| FY2021 | 7 | $3.6M | $352,500 | |
| FY2022 | 2 | $6.3M | $3,150,000 | |
| FY2023 | 1 | $450K | $450,000 | |
| FY2024 | 2 | $2M | $983,150 | |
| FY2025 | 5 | $9.9M | $2,000,000 | |
| FY2026 | 3 | $5.3M | $2,105,000 |
How often do these acquisition loans fail?
Fewer than 20 Support Activities for Oil and Gas Operations 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.
Seller note standby terms and third-party consents are reviewed before closing.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Texas | 11 | 36.7% | $20.1M | |
| 2 | Oklahoma | 7 | 23.3% | $8.9M | |
| 3 | New Mexico | 2 | 6.7% | $5.1M | |
| 4 | Ohio | 2 | 6.7% | $831K | |
| 5 | Kansas | 2 | 6.7% | $763K | |
| 6 | Montana | 2 | 6.7% | $755K | |
| 7 | Maine | 2 | 6.7% | $206K | |
| 8 | Louisiana | 1 | 3.3% | $3.6M | |
| 9 | Mississippi | 1 | 3.3% | $2M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | American Momentum Bank | 3 | 10.0% | $3.9M | |
| 2 | Newtek Small Business Finance | 2 | 6.7% | $7.7M | |
| 3 | Colony Bank | 2 | 6.7% | $7.3M | |
| 4 | Live Oak Bank | 2 | 6.7% | $4.5M | |
| 5 | First Oklahoma Bank | 2 | 6.7% | $2.6M | |
| 6 | BancFirst | 2 | 6.7% | $1M | |
| 7 | Bank of Hays | 2 | 6.7% | $763K | |
| 8 | Glacier Bank | 2 | 6.7% | $755K | |
| 9 | Atlantic Regional Federal Credit Union | 2 | 6.7% | $206K | |
| 10 | FFB Bank | 1 | 3.3% | $2.8M |
Terms signed in the LOI shape the purchase agreement that follows.
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Questions buyers ask
How much is a typical SBA loan to buy a business in Support Activities for Oil and Gas Operations?
Median $819,000 across 30 acquisition loans (FY2018 to FY2026); the middle half ran $350,000 to $2,078,750. That is 27% higher than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Support Activities for Oil and Gas Operations acquisitions?
American Momentum Bank (3), Newtek Small Business Finance (2), Colony Bank (2), Live Oak Bank (2), First Oklahoma Bank (2).
Are businesses in Support Activities for Oil and Gas Operations often franchised?
Rarely. Only 0% of acquisition loans in this industry involved a franchised business; most are independent operators.
How risky are SBA loans for buying a business in Support Activities for Oil and Gas Operations?
Too few loans are old enough to measure for this industry. The all-acquisition benchmark is 3.5%.
What loan terms are common for Support Activities for Oil and Gas Operations acquisitions?
Median term 10 years, average initial rate 7.51% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
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