Sullivan Petroleum Company, LLC (Chevron) Retailer Petroleum SBA Intelligence: Real Cost, Rates & Failure Rate

Q: How much does a Sullivan Petroleum Company, LLC (Chevron) Retailer Petroleum cost to buy or open?

The typical deal for Sullivan Petroleum Company, LLC (Chevron) Retailer Petroleum is $3.5M across 7 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $382K of buyer cash on a typical deal.

Q: Can I finance a Sullivan Petroleum Company, LLC (Chevron) Retailer Petroleum with an SBA loan?

Yes — Sullivan Petroleum Company, LLC (Chevron) Retailer Petroleum has been SBA-financed 2 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.

Recent financings

TMP CORPORATION in Bakersfield, CA — $3.9M (2026) · Summit State Bank

Program: Preferred Lenders Program
Rate at approval: 8.25% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $2.9M (75%)
Approval → funding: 41 days
Approved: 1/16/2026
First disbursed: 2/26/2026
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 21
Business age: Existing or more than 2 years old
Industry: Gasoline Stations with Convenience Stores

Funded by Summit State Bank · Lender record →

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LUCKY#7 FOOD STORE in Bakersfield, CA — $5.0M (2025) · purchase · Open Bank

Program: Preferred Lenders Program
Rate at approval: 8.5% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $3.1M (62%)
Approval → funding: 58 days
Approved: 4/2/2025
First disbursed: 5/30/2025
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

1.White Ln Chevron Car Wash Express 2.Extra Mile in Bakersfield, CA — $2.3M (2024) · US Metro Bank

Program: Preferred Lenders Program
Rate at approval: 9.75% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.7M (75%)
Approval → funding: 63 days
Approved: 4/26/2024
First disbursed: 6/28/2024
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

O'Neals Marketplace LLC in Coarsegold, CA — $5.0M (2023) · Celtic Bank Corporation

Program: Preferred Lenders Program
Rate at approval: 10.5% variable
Term: 317 months
SBA guaranteed: $3.8M (75%)
Approval → funding: 11 days
Approved: 6/5/2023
First disbursed: 6/16/2023
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

STRATFORD MINI MART in Stratford, CA — $3.5M (2023) · Celtic Bank Corporation

Program: Preferred Lenders Program
Rate at approval: 9.75% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $2.6M (75%)
Approval → funding: 81 days
Approved: 1/9/2023
First disbursed: 3/31/2023
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

One Stop Lamont Inc in Lamont, CA — $350K (2022) · purchase · Commonwealth Business Bank

Program: Preferred Lenders Program
Rate at approval: 6.75% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $263K (75%)
Approval → funding: 102 days
Approved: 7/11/2022
First disbursed: 10/21/2022
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported

SSSB7 Corp in Wofford Heights, CA — $1.5M (2021) · Enterprise Bank & Trust

Program: Preferred Lenders Program
Rate at approval: 5.5% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.4M (90%)
Approval → funding: 0 days
Approved: 8/31/2021
First disbursed: 8/31/2021
Loan status: Current
Loan type: Term loan
Collateral: Not required
Business type: Corporation
Jobs supported: 8

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

Sullivan Petroleum Company, LLC (Chevron) Retailer Petroleum, by the numbers

Recent financings

Who funds Sullivan Petroleum Company, LLC (Chevron) Retailer Petroleum — and where

Common questions

How much does a Sullivan Petroleum Company, LLC (Chevron) Retailer Petroleum cost to buy or open?

How risky is Sullivan Petroleum Company, LLC (Chevron) Retailer Petroleum?

Can I finance a Sullivan Petroleum Company, LLC (Chevron) Retailer Petroleum with an SBA loan?

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