FLORIDA · NAICS NAICS 447 and 457 families
Florida fuel and convenience projects sit on some of the country's heaviest travel corridors: I-95, I-75, I-4, and the Turnpike. Studies test site-level demand from traffic counts and trade-area demographics, model inside sales mix and foodservice contribution, and address environmental due diligence on a footprint where Phase I scope is routine.
FEASIBILITY TRIGGER
Gas stations are special-purpose, requiring a study, an industry-experienced appraiser, Phase I environmental due diligence, and elevated equity.
From FY2010 through FY2026, Florida recorded 373 SBA-disbursed gas station and c-store loans across the 7(a) and 504 programs, representing $271.4 million in approved financing at an average loan size of $728,000. The state sits at rank #11 of 38 for gas station and c-store SBA lending volume and holds 2.0% of the national gas station and c-store dollar pool. 7(a) accounts for 81.5% of the count, 504 for the rest, with 47 fresh approvals dated FY2024 or later.
| Disbursed loans (FY2010–FY2026) | 373 |
| Approved volume | $271.4 million |
| Average loan size | $728,000 |
| 7(a) share | 81.5% |
| Approvals since FY2024 | 47 |
| State rank by loan count | #11 of 38 |
Among the 273 seasoned loans in this segment (approvals FY2010–FY2021), 7.7% reached adverse resolution — purchased, liquidated, or charged off. The national benchmark for gas station and c-store is 4.3%, against 7.3% across all industries. That performance runs above the national benchmark for this asset class, which is a factor lenders weigh in their credit decision.
Source: SBA 7(a) and 504 FOIA loan-level data, as of March 31, 2026. Disbursed loans only. See data methodology.
A 7.7% adverse-resolution rate against the national gas station and c-store benchmark of 4.3% tells credit committees to scrutinize revenue projections and coverage assumptions closely on Florida deals in this class. A rigorous third-party feasibility study — built on documented demand, defensible pricing, and stressed coverage — carries meaningful weight in that underwriting conversation, particularly at an average loan size of $728,000 across 373 loans.
Every Florida gas stations and c-stores project we underwrite follows the same lender ready process: independent market analysis, site and technical review, and financial projections tested against SBA SOP 50 10 8 standards. Our SBA feasibility study consultants guide explains scope, timing, deliverables, and what lenders and CDCs expect in the report.
Florida projects often fit SBA 504 where owner-occupied real estate anchors the deal, with the 50/40/10 structure delivering up to 90 percent financing at a fixed debenture rate, while SBA 7(a) covers acquisitions, working capital, and equipment. From July 4, 2026 eligible borrowers can combine 7(a) and 504 for up to $10 million in total program credit.
I-95, I-75, I-4, and the Turnpike carry some of the heaviest travel volumes in the country, blending fuel margin with inside sales and food service.
For a national view of this asset class, see our gas station and c-store SBA feasibility overview, and read our related analysis in the gas station and c-store lending research on our blog. Lenders and CDCs can order an SBA gas station feasibility study tested against SBA’s Appendix 7 environmental rules.
Fifteen-minute scoping call, written proposal inside one business day, firm fixed fee before you sign.
Book a MeetingOur SBA feasibility study consultants prepare fuel, convenience store and travel center studies for lenders, CDCs and sponsors. See pricing, methodology or request a fixed fee quote.
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