Gas Station Feasibility Study in the San Francisco-Oakland-Fremont, CA Metro Area

San Francisco gas: where Bay Area pumps sit among 600 lending areas

Among 600 areas ranked for gas station and truck stop loans, San Francisco, Oakland and Fremont comes 13th, and the class also ranks 13 of 39 inside the area itself. The location quotient of 0.79x says pumps make up a smaller part of Bay Area SBA lending than of lending nationwide. The area logged 77 loans for $137.8 million across FY2017 to FY2026. The San Francisco, Oakland and Fremont median of $1.5 million equals 1.45x of the national gas station median; ordinary gas station loans run $836,000 to $2.5 million.

San Francisco, Oakland and Fremont gas station lending leans on SBA 7(a) for 65 loans, with SBA 504 behind 12. Franchise brands appear on 58.4% of the 77, so fuel-brand terms bear on most of the loans. Alameda County supplies 40 loans, Contra Costa County 21 and San Mateo County 8: the East Bay carries the class. Under 504, The Mortgage Capital Development Corporation is the one lender listed, with 6 loans worth $12.4 million. In the 7(a) table Celtic Bank Corporation has 7 loans for $10.0 million, Plumas Bank has 6 for $8.8 million, and United Business Bank and Open Bank have 5 each, for $11.5 million and $8.1 million. Read the San Francisco, Oakland and Fremont lender lines as SBA’s holder record, not a view of lender policy.

Of gas station approvals in San Francisco, Oakland and Fremont, the FY2017 to FY2024 cohorts lost at least 22.7% to cancellation, a floor, not a forecast. Undisbursed gas station loans in San Francisco, Oakland and Fremont counted as cancelled leave the ceiling at 22.7%, unchanged. For gas station loans in San Francisco, Oakland and Fremont, the charge-off floor is withheld since few loans support it; a blank is not zero. Volume opened at 15 loans and $21.6 million in FY2017, dipped to 5 and $13.2 million in FY2018, then reached 14 and $20.0 million in FY2021 and 12 and $21.9 million in FY2022. FY2020 shows 6 loans and $10.3 million, and FY2024 shows 6 and $9.5 million. Years with very few loans are withheld.

San Francisco gas: what a study here has to test

The code for this class keeps truck stops and travel centers together with stations, and charging for electric vehicles has no 2022 NAICS line. A gas station loan counts toward the area only when the July 2023 delineation lists its project county. A study for a station here should test fuel and convenience volume against brand terms, land and site work behind loans near the upper band, coverage of debt service under 504 and 7(a) payments, and whether the appraisal supports the cost. This record is context for a gas station study here, and it promises no approval.