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NAICS 811192 · Other Services
SBA loans for car washes
5,876 SBA loans worth $6.91B have been approved in this industry since FY2010 - the #38 most-financed NAICS code in the country.
Median loan
$773,000
+329% vs all industries
Typical range
$50K-$3.0M
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
20 yr
Charge-off rate
4.8%
vs 7.6% all industries
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Most active in this industry
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Celtic Bank Corporation | 286 | $541.8M | |
| Metro City Bank | 146 | $390.5M | |
| Florida First Capital Finance Corporation, Inc. | 120 | $164.9M | |
| The Huntington National Bank | 283 | $144.5M | |
| Bank of Hope | 79 | $136.3M | |
| Paradise Bank | 61 | $125.4M | |
| Stearns Bank | 58 | $111.2M | |
| Wells Fargo Bank | 181 | $102.9M | |
| Open Bank | 51 | $100.9M | |
| Commonwealth Business Bank | 50 | $99.2M |
An SBA 7(a) lender for loans this size
31% of the SBA loans approved in car washes since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K10%
- $50K - $150K9%
- $150K - $350K13%
- $350K - $1M27%
- $1M - $2M22%
- Over $2M20%
Franchise brands in Car Washes
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Tommy's Express Car Wash | 58 | $156.4M | |
| DetailXPerts | 16 | $2.4M | |
| iShine Express Car Wash & Detail | 14 | $36.6M | |
| Prime Car Wash | 13 | $18.1M | |
| Valvoline Instant Oil Change | 3 | $7.8M | |
| Chevron | 3 | $4.3M | |
| Ziebart Corporation | 3 | $885K | |
| Sunoco, LLC Fuel Supply Agreement | 2 | $4.6M | |
| Boyett Petroleum | 2 | $8.4M | |
| Kwik Kar Oil & Lube | 1 | $652K |
Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.
Nearby
Other other services industries
Common questions
- How much do SBA lenders typically lend to a car washes business?
- The median SBA approval in NAICS 811192 is $773,000, with the middle 80% of loans between $50,000 and $2,975,000. Across all industries the median is $180,000.
- Which lenders are most active in car washes?
- By dollars approved: Celtic Bank Corporation, Metro City Bank, Florida First Capital Finance Corporation, Inc., The Huntington National Bank, Bank of Hope. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
- Is car washes considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.8% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.
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