SBA lending record
First Petroleum Management, LLC
348 EAST ST, Sharon, MA · Petroleum and Petroleum Products Merchant Wholesalers (excep. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.7M
Total SBA financing
3
Loans on record
FY2024
On record
35
Jobs supported
Is First Petroleum Management, LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
All 3 loans
$1,919,500 — FY2024
Loan 1 of 3- Gross approval
- $1,919,500
- SBA guaranteed
- $1,439,625 (75%)
- Status
- Cancelled
- Rate at approval
- 10.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/9/2024
- Collateral
- Required
- Jobs supported
- 35
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Petroleum and Petroleum Products Merchant Wholesalers (excep
- NAICS code
- 424720
- Lender
- Paragon Bank
- Address
- 348 EAST ST
- City
- Sharon
- County
- Norfolk
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 4
$1,705,000 — FY2024
Loan 2 of 3- Gross approval
- $1,705,000
- SBA guaranteed
- $1,278,750 (75%)
- Status
- Current
- Rate at approval
- 7.75% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/11/2024
- First disbursement
- 8/8/2024
- Days to fund
- 28 days
- Collateral
- Required
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Petroleum and Petroleum Products Merchant Wholesalers (excep
- NAICS code
- 424720
- Lender
- Rockland Trust Company
- Address
- 348 EAST ST
- City
- Sharon
- County
- Norfolk
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 4
$100,000 — FY2024
Loan 3 of 3- Gross approval
- $100,000
- SBA guaranteed
- $50,000 (50%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/11/2024
- First disbursement
- 8/8/2024
- Days to fund
- 28 days
- Collateral
- Required
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Petroleum and Petroleum Products Merchant Wholesalers (excep
- NAICS code
- 424720
- Lender
- Rockland Trust Company
- Address
- 348 EAST ST
- City
- Sharon
- County
- Norfolk
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 4
The lenders
Rockland Trust Company
2 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding petroleum and petroleum products merchant wholesalers (excep — by location, industry.
Similar businesses
Comparable petroleum and petroleum products merchant wholesalers (excep in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Medford Square Gas Inc
Medford, MA· ~20 mi
Petroleum and Petroleum Products Merchant Wholesalers (excep
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Naughton Energy Corporation
Pocono Pines, PA· ~234 mi
Petroleum and Petroleum Products Merchant Wholesalers (excep
- $2.5M
- SBA financing
- ≈ $4.9M–$8.2M
- Est. revenue (rough)
TRM Support Ltd.
Chillicothe, OH· ~648 mi
Petroleum and Petroleum Products Merchant Wholesalers (excep
- $2.7M
- SBA financing
- ≈ $5.3M–$8.8M
- Est. revenue (rough)
Rich Energy Services, LLC
Cincinnati, OH· ~725 mi
Petroleum and Petroleum Products Merchant Wholesalers (excep
- $4.0M
- SBA financing
- ≈ $7.9M–$13M
- Est. revenue (rough)
WESSELS OIL COMPANY, INC.
Palmer, IA· ~1192 mi
Petroleum and Petroleum Products Merchant Wholesalers (excep
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
LUBECON USA, LLC
White Cloud, MI· ~746 mi
Petroleum and Petroleum Products Merchant Wholesalers (excep
- $3.2M
- SBA financing
- ≈ $6.4M–$11M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for First Petroleum Management, LLC in Sharon, MA (Petroleum and Petroleum Products Merchant Wholesalers (excep). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 3 SBA 7(a) loans totaling $3.7M
- On record FY2024
- 35 jobs supported
- Industry: Petroleum and Petroleum Products Merchant Wholesalers (excep
- Location: Sharon, MA
- Lenders: Rockland Trust Company, Paragon Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Petroleum and Petroleum Products Merchant Wholesalers (excep businesses in MA for ~$1.2M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-22.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with First Petroleum Management, LLC.