SBA 7(a)/504 FOIA · FY1991–PRESENT · MICHIGAN
Sunoco Service Station franchise in Michigan: what the public record shows
Franchisees of Sunoco Service Station in Michigan have taken 30 SBA loans since 1991 (average $548,876), and of the 21 loans whose story has ended, 14.3% were charged off — versus 13.2% for Sunoco Service Station nationally and 14.8% across all rateable franchise brands.
Loans in MI
30
Resolved
21
Local charge-off
14.3%
National charge-off
13.2%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MI. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.
Businesses in this industry
3,173
statewide, all operators
Per 100k residents
31.3
national 30.2
Versus the country
+4%
denser
Every business in Sunoco Service Station's industry operating in Michigan — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| System | Loans in MI | Local charge-off | Units in MI |
|---|---|---|---|
| Midas Muffler Shop | 19 | 0.0% | — |
| Mobil Oil (Stations) | 19 | thin | — |
| Amoco (Gas Station) | 10 | thin | — |
| Maaco Auto Painting Center | 10 | thin | — |
| Shell Service Station | 10 | thin | — |
| LINE-X | 9 | thin | 3 |
| Marathon Oil | 9 | thin | — |
| Meineke | 9 | thin | — |
| All Tune and Lube | 8 | thin | — |
| Napa Auto Parts | 8 | thin | — |
| Tuffy Muffler Center | 8 | thin | — |
| Valvoline Instant Oil Change | 7 | thin | — |
Same sector, same state, same public records — how Sunoco Service Station compares to the systems a buyer in Michigan would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Sunoco Service Station's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →