Progressive Petroleum LLC (Citgo) Motor Fuel Supply Agreemen SBA Intelligence: Real Cost, Rates & Failure Rate

Q: How much does a Progressive Petroleum LLC (Citgo) Motor Fuel Supply Agreemen cost to buy or open?

The typical deal for Progressive Petroleum LLC (Citgo) Motor Fuel Supply Agreemen is $1.6M across 9 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $179K of buyer cash on a typical deal.

Q: Can I finance a Progressive Petroleum LLC (Citgo) Motor Fuel Supply Agreemen with an SBA loan?

Yes — Progressive Petroleum LLC (Citgo) Motor Fuel Supply Agreemen has been SBA-financed 0 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.

Recent financings

Sat Kaival Real Estate LLC in Batavia, IL — $1.6M (2021) · Enterprise Bank & Trust

Program: Preferred Lenders Program
Rate at approval: 5.25% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.2M (75%)
Approved: 12/10/2020
Loan status: Cancelled
Loan type: Term loan
Collateral: Not required
Business type: Corporation
Jobs supported: 10
Business age: Existing or more than 2 years old
Industry: Gasoline Stations with Convenience Stores

Funded by Enterprise Bank & Trust · Lender record →

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Sat Kaival Real Estate LLC in Batavia, IL — $1.6M (2021) · Enterprise Bank & Trust

Program: Preferred Lenders Program
Rate at approval: 5.25% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.2M (75%)
Approved: 12/10/2020
Loan status: Cancelled
Loan type: Term loan
Collateral: Not required
Business type: Corporation
Jobs supported: 10
Business age: Existing or more than 2 years old
Industry

Sat Kaival Real Estate LLC in Batavia, IL — $1.6M (2021) · Enterprise Bank & Trust

Program: Preferred Lenders Program
Rate at approval: 5.25% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.2M (75%)
Approved: 12/10/2020
Loan status: Cancelled
Loan type: Term loan
Collateral: Not required
Business type: Corporation
Jobs supported: 10
Business age: Existing or more than 2 years old
Industry

Sat Kaival Real Estate LLC in Batavia, IL — $1.6M (2021) · Enterprise Bank & Trust

Program: Preferred Lenders Program
Rate at approval: 5.25% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.2M (75%)
Approved: 12/10/2020
Loan status: Cancelled
Loan type: Term loan
Collateral: Not required
Business type: Corporation
Jobs supported: 10
Business age: Existing or more than 2 years old
Industry

Sat Kaival Real Estate LLC in Batavia, IL — $1.6M (2021) · Enterprise Bank & Trust

Program: Preferred Lenders Program
Rate at approval: 5.25% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.2M (75%)
Approved: 12/10/2020
Loan status: Cancelled
Loan type: Term loan
Collateral: Not required
Business type: Corporation
Jobs supported: 10
Business age: Existing or more than 2 years old
Industry

Sat Kaival Real Estate LLC in Batavia, IL — $1.6M (2021) · Enterprise Bank & Trust

Program: Preferred Lenders Program
Rate at approval: 5.25% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.2M (75%)
Approval → funding: 447 days
Approved: 12/10/2020
First disbursed: 3/2/2022
Loan status: Paid in full (2/29/2024)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported

Sat Kaival Real Estate LLC in Batavia, IL — $1.6M (2021) · Enterprise Bank & Trust

Program: Preferred Lenders Program
Rate at approval: 5.25% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.2M (75%)
Approved: 12/10/2020
Loan status: Cancelled
Loan type: Term loan
Collateral: Not required
Business type: Corporation
Jobs supported: 10
Business age: Existing or more than 2 years old
Industry

Sat Kaival Real Estate LLC in Batavia, IL — $1.6M (2021) · Enterprise Bank & Trust

Program: Preferred Lenders Program
Rate at approval: 5.25% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.2M (75%)
Approved: 12/10/2020
Loan status: Cancelled
Loan type: Term loan
Collateral: Not required
Business type: Corporation
Jobs supported: 10
Business age: Existing or more than 2 years old
Industry

Sat Kaival Real Estate LLC in Batavia, IL — $1.6M (2021) · Enterprise Bank & Trust

Program: Preferred Lenders Program
Rate at approval: 5.25% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.2M (75%)
Approved: 12/10/2020
Loan status: Cancelled
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 10
Business age: Existing or more than 2 years old
Industry

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

Progressive Petroleum LLC (Citgo) Motor Fuel Supply Agreemen, by the numbers

Recent financings

Who funds Progressive Petroleum LLC (Citgo) Motor Fuel Supply Agreemen — and where

Common questions

How much does a Progressive Petroleum LLC (Citgo) Motor Fuel Supply Agreemen cost to buy or open?

How risky is Progressive Petroleum LLC (Citgo) Motor Fuel Supply Agreemen?

Can I finance a Progressive Petroleum LLC (Citgo) Motor Fuel Supply Agreemen with an SBA loan?

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