CITGO SERVICE STATION: how its 24 SBA loans actually performed
Gasoline Stations with Convenience Stores · 24 units financed with SBA 7(a) loans since 2010 · 16 lenders have funded this brand.
No defaults on record
None of the 24 seasoned SBA loans to CITGO SERVICE STATION charged off within seven years — a 0.0% rate, against 5.7% across all SBA 7(a) loans.
How this brand compares
share of owners who defaulted within seven yearsWho lends on it
most active lenders, 2010 onward| Lender | Units funded |
|---|---|
| The Huntington National Bank | 5 |
| First Internet Bank of Indiana | 2 |
| PromiseOne Bank | 2 |
| HomeTrust Bank | 2 |
| Gulf Coast Bank and Trust Company | 2 |
| Waukesha State Bank | 1 |
16 lenders have funded CITGO SERVICE STATION since 2010. Fewer active lenders means less competition on your rate.
A note on sample size
CITGO SERVICE STATION is a smaller-sample brand: 24 of its SBA loans are old enough to judge (our flagship brands have 60+). The default rate above is a real count, but read it as a signal rather than a verdict — with 24 loans, a handful of outcomes moves the number. We omit the year-by-year breakdowns shown on larger brands, which would be noisy at this size.
Common questions
How many CITGO SERVICE STATION SBA loans have defaulted?
0 of 24 seasoned CITGO SERVICE STATION SBA 7(a) loans charged off within seven years — a 0.0% default rate, against 5.7% across all SBA 7(a) loans.
Is a CITGO SERVICE STATION franchise a safe SBA loan bet?
By the numbers its default rate is below the SBA-wide 5.7% average. That is a financing signal, not a verdict on the business — and with 24 loans it is a smaller sample than our flagship brands.
Which lenders fund CITGO SERVICE STATION franchises?
16 lenders have made SBA loans to CITGO SERVICE STATION since 2010, led by The Huntington National Bank.