Car Washes
Small Business Owner Resource
SBA 7(a) lending intel on SBAmatch is designed to help Small Business Owners avoid the mistake of applying with the wrong lender. Every lender is different, and matching to the right one with the highest probability of approving an SBA loan will save countless headaches.
Below is the most recent lending data for the Car Wash industry.
2021 Loans:
Lenders: 165
Approvals: 392
Amounts: $652M
Average: $1,663,515
2022 Loans:
Lenders: 139
Approvals: 284
Amounts: $440M
Average: $1,547,659
All-Time Loans:
Lenders: 1,181
Approvals: 9,034
Amounts: $6.9B
Average: $771,852
Car Wash Industry Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
Car Wash Industry Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
60%
of all SBA Lenders of all time have never approved an SBA loan over $1 Million.
We can find the right one for you; for free. LEARN MORE.
Byline Bank Is A Top-Ranked Lender For Car Washes
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Resources:
NAICS INDUSTRY
Our SBA 7a lending information is based on Car Washes NACIS code 811192.
The NAICS website describes this industry as:
This U.S. industry comprises establishments primarily engaged in cleaning, washing, and/or waxing automotive vehicles, such as passenger cars, trucks, and vans, and trailers.
Illustrative Examples:
Automotive detail shops
Mobile car and truck washes
Car washes