SBA loans for convenience stores
NAICS 445131 (formerly 445120) · Program that usually fits: 7(a) or 504
If you're buying the building with the business, a 7(a) loan can finance both, with up to 25 years on the real-estate portion. If you're mainly buying real estate or long-life equipment, compare against a 504 loan. Stores that also sell fuel may need an environmental review, which adds time.
What borrowers use the money for
- Buying an existing store, including the real estate
- Remodels, coolers and point-of-sale systems
- Fuel islands where the store sells gas
- Inventory and working capital
Example: a $1,200,000 loan
At today's maximum variable 7(a) rate of 10.00% over 25 years, the payment would be about $10,904 a month. Most well-qualified borrowers get a lower rate. On a 504 project, the SBA-backed 40% would be fixed at 6.97% (October 2026, 25-year). Try your own numbers.
Today's rate caps
| Loan amount | Maximum spread | Maximum variable rate today |
|---|---|---|
| $50,000 or less | Prime + 6.5 | 13.50% |
| $50,001 to $250,000 | Prime + 6.0 | 13.00% |
| $250,001 to $350,000 | Prime + 4.5 | 11.50% |
| Over $350,000 | Prime + 3.0 | 10.00% |
Questions
Can a convenience store business get an SBA loan?
Yes, if the business is for-profit, meets SBA size standards for NAICS 445131 (formerly 445120), and can show it can repay. If you're buying the building with the business, a 7(a) loan can finance both, with up to 25 years on the real-estate portion.
What is the NAICS code for convenience stores?
NAICS 445131 (formerly 445120). Lenders use it to check SBA size standards and eligibility.
Sources: SBA 7(a) terms, conditions and maximum variable rates; Federal Reserve H.15 selected interest rates (bank prime loan rate); October 2026 SBA 504 debenture pricing, as published by CDCs; SBA FOIA 7(a) and 504 loan-level data.