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.

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
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

Geography

Where these loans were made

State	Loans	Share
California	793
Texas	726
Florida	458
Georgia	348
Ohio	271
Michigan	233
Illinois	231
Colorado	200

Approvals by fiscal year

’10

’11

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
10%
$50K - $150K
9%
$150K - $350K
13%
$350K - $1M
27%
$1M - $2M
22%
Over $2M
20%

Nearby

Other other services industries

See the sector

General Automotive Repair16,083 · $190,000 Beauty Salons14,068 · $85,000 Other Personal Care Services7,830 · $175,000 All Other Personal Services7,488 · $144,000 Pet Care (except Veterinary) Services6,530 · $195,850 Automotive Body, Paint, and Interior Repair and Maintenance5,872 · $240,000 Drycleaning and Laundry Services3,976 · $200,000 Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance3,531 · $150,000

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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