Borrowing Money for Car Washes

Looking for bank loans for car washes? Try the SBA. This $467,500 car washes loan was issued by a Texas bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Comerica Bank, out of Houston, Texas. The loan was granted and they received $467,500 to help grow their Baytown, Texas business.

SBA Loan Borrower

COMPANY TYPE: CAR WASHES
BAYTOWN, TX 77521

SBA Loan Lender

COMERICA BANK
1900 W LOOP SOUTH
HOUSTON, TX 77027

This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811192 - Car Washes

Loan Approval Date

1/18/2001

Loan Approval Gross Amount

$467,500

Loan Approval from the SBA

Of the total $467,500 loan amount, the SBA guaranteed $350,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

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SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Baytown or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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