See the national page for Gasoline Stations with Convenience Stores
Gasoline Stations with Convenience Stores in California: SBA acquisition loans
From FY2020 to Jun 30, 2026, California had 77 Gasoline Stations with Convenience Stores acquisition loans in the SBA 7(a) file.
California has about 19.4% of U.S. acquisition loans in this industry (77 of 397 loans).
Loans by fiscal year. Years with fewer than 10 loans are not shown.
- FY2020: 37
- FY2021: 29
- FY2022: 11
The median approved amount was $1,776,000. The middle half of approved amounts ran from $975,000 to $3,100,000.
Total approved was $164.0M. The median term was 300 months. The median initial rate was 5.25%.
All of these loans have variable rates.
The seasoned charge-off rate was Under 3%, against about 2% nationally. This is an estimate. With under 100 seasoned loans, one loan moves this rate by more than 1 point.
23 distinct lenders hold these loans in the SBA file. Lenders holding 10 or more loans, by count:
- Celtic Bank Corporation 21
- Open Bank 13
Lender counts are facts from the file. They are not a ranking and not a recommendation.
Top counties by count:
- Los Angeles 11
Franchises made up 67.5% of these loans.
Census 2023 counts 6,766 Gasoline Stations with Convenience Stores business locations in California. They have 57,093 employees and $1.88B in annual payroll.
2,155 of them have 10 to 49 employees.
Industry code: NAICS 447110. SBA changed industry codes in 2022. The same industry can appear under an old code (loans to FY2022) and a new code (loans from FY2022). Each page shows only its own code, so neither shows the full history.
This code was replaced by NAICS 457110. It has loans only through FY2022.
California snapshot
| Measure | Value | What it means |
|---|---|---|
| Acquisition loans | 77 | Number of 7(a) loans labeled Change of Ownership, FY2020 to Jun 30, 2026. Cancelled loans are removed. |
| Loans by year |
| Acquisition loans by SBA fiscal year. FY2026 covers Oct 1 to Jun 30 only. Years with fewer than 10 loans are hidden. |
| Median approved amount | $1,776,000 | The middle approved amount. Half of the loans were approved for more and half for less. Gross approved amounts, rounded to $1,000. |
| Middle half of approved amounts | $975,000 to $3,100,000 | The range that holds the middle half of approved amounts, from the lower quarter mark to the upper quarter mark. |
| Total approved | $164.0M | The sum of all gross approved loan amounts in this cell. These are approved amounts, not money paid out. Rounded to $0.1 million. |
| Term | 300 months | The median loan term, in months. |
| Rate | 5.25% | The median initial interest rate. |
| Rate type | All variable | How many of these loans have variable rates, rounded to the nearest 10%. |
| Seasoned charge-off rate | Under 3% (30 to 99 seasoned loans) Estimate | The share of loans approved in FY2020 to FY2022 that SBA lists as charged off, counted by loans. Charged off is a loan status, not a business closing. Older loans have had more time to be charged off. With under 100 seasoned loans, this shows a band. With under 30, it is hidden. |
| National charge-off rate | About 2% Estimate | The same measure across all industries. It is about 2% by count. |
| Lenders in the SBA file | 23 | The number of distinct lenders that hold these loans in the SBA file. The file lists the current lender, which may not be the original lender. Counts are not a ranking or a recommendation. |
| Lenders holding the most loans | Celtic Bank Corporation 21 Open Bank 13 | Lenders that hold 10 or more loans in this cell, by count. Names come from public data. |
| Top counties | Los Angeles 11 | Counties with the most acquisition loans in this cell. Counties with fewer than 10 loans are hidden. |
| Franchise share | 67.5% | The share of acquisition loans in this cell that were for franchises. Hidden when fewer than 10 loans were for franchises. |
Local business locations (Census 2023)
| Business locations | 6,766 | Census County Business Patterns 2023: business locations, employees and annual payroll for this industry and area. Census adds small amounts of noise. |
|---|---|---|
| Employees | 57,093 | |
| Annual payroll | $1.88B | |
| Business locations by employee count |
| |
| Business locations with 10 to 49 employees | 2,155 | Census count of local business locations in that size band. |
Data as of: Jun 30, 2026.