SBA 7(a) Gas Station Feasibility Study in Maine

The SBA 7(a) book for gas stations in Maine

The SBA 7(a) record for gas stations in Maine runs to 30 loans and $17.4 million approved, counting FY2017 to FY2026 in Maine. Half the Maine loans sit at or below $233,500; the middle half of gas stations spans $105,000 up to $553,125. Next to gas stations nationally under SBA 7(a), Maine shows a median ratio of 0.21x, which puts Maine below the national figure for gas stations. Look first at 0.21x: it sets Maine gas stations apart from both parent pages of Maine. No Maine gas stations loan is flagged as a franchise, so Maine's share reads 0.00%.

For SBA 7(a) loans to gas stations, Maine stands at rank 36 among states, while within Maine the class ranks 10 of 39. Volume crested in FY2025: 5 loans, $5.3 million; and FY2026 records 3 loans for $4.0 million. Maine's 7(a) gas station median sits far beneath the national one, the number that defines this cell and that no parent page can show.

At the head of the Maine holder list is Cornerstone Bank: 5 loans and $2.4 million. Cornerstone Bank stands first among gas stations holders in Maine; SBA's file covers 30 loans held now or before. By area, Cumberland leads with 6 loans, then York with 5 and Aroostook with 4. The tail of the Maine top ten includes Penobscot 3, Androscoggin 2 and Kennebec 2.

What the Maine outcome figures leave out

With 30 gas stations loans in Maine, the Maine approval cohort cannot carry cancellations, and also Maine loss rates lack a funded cohort. Nothing here asserts zero. Maine counts follow the operator's line of business, not the location, which pools travel centers with gas stations and leaves charging sites unseen. Only loans in SBA's Maine files appear.

What a Maine station study must prove

The ratio of 0.21x is the distinctive number in this cell, so the study should say why loans near Cumberland sit so far under the national figure, whether a lease-based deal, a small rural site or a purchase of the business without its land. Under 7(a), the request can mix real estate, equipment and working capital, which should be split line by line. Tanks and cleanup liability come first on any fuel property. Winter volume swings need a month-by-month test, and the store must carry the debt when fuel margins thin. An appraiser separates real estate from business value.