Fuel Dealers acquisitions in Massachusetts: SBA loan data
Since FY2018, SBA lenders have approved 11 7(a) loans to buy an existing business classified as Fuel Dealers in Massachusetts, totaling $629K. The median loan was $40,000. That is 1.1% of the 963 acquisition loans in Massachusetts.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
How this compares
The median Fuel Dealers loan in Massachusetts is 90% lower than the $410,000 median for all Massachusetts acquisitions, and 81% lower than the $215,000 median for Fuel Dealers acquisitions nationwide (31 loans).
This combination has too few seasoned loans for a reliable charge-off rate, and 3.2% of seasoned Massachusetts acquisition loans of any type.
Fuel Dealers acquisition loans in Massachusetts by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 0 | $0 | - | |
| FY2020 | 0 | $0 | - | |
| FY2021 | 11 | $629K | $40,000 | |
| FY2022 | 0 | $0 | - | |
| FY2023 | 0 | $0 | - | |
| FY2024 | 0 | $0 | - | |
| FY2025 | 0 | $0 | - | |
| FY2026 | 0 | $0 | - |
How often do these acquisition loans fail?
Fewer than 20 Fuel Dealers in Massachusetts 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.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAll 50 states. Free consultation.
Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Leader Bank, National Association | 11 | 100.0% | $629K |
Top franchise brands
No franchise brands recorded in this combination.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
Questions buyers ask
How much do SBA loans for Fuel Dealers acquisitions in Massachusetts run?
The median SBA 7(a) loan was $40,000 across 11 loans (FY2018 to FY2026). 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 Fuel Dealers acquisitions in Massachusetts?
Leader Bank, National Association (11).
How often do Fuel Dealers acquisition loans fail in Massachusetts?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Fuel Dealers acquisitions in Massachusetts?
None of the 11 loans in this combination were recorded with a franchise brand.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Massachusetts acquisitions
- Fuel Dealers nationally
- Full-Service Restaurants in Massachusetts
- Beer, Wine, and Liquor Retailers in Massachusetts
- Limited-Service Restaurants in Massachusetts
- General Automotive Repair in Massachusetts
- Home Health Care Services in Massachusetts
- Landscaping Services in Massachusetts
- Beauty Salons in Massachusetts
- Fitness and Recreational Sports Centers in Massachusetts
Small samples move a lot: each loan in this combination is 9% of the count. Industry is the NAICS code the lender recorded. See the methodology.