B&D Detail Center Car Wash
B&D Detail Center Car Wash is a car wash business located in Gardena, CA, in the car washes industry (NAICS 811192). The company financed real estate or equipment through an SBA 504 loan of $1,125,000, with Velocity Commerical Capital as the lender and an approval date of January 16, 2025.
SBA 504 loan, approved Jan 16, 2025
$1,125,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,125,000
- Bank portion
- $1,867,500
- Estimated project size
- $3,325,000 (estimated)
- Estimated owner equity
- $332,500 (estimated, about 10% of the project)
- Bank lender
- Velocity Commerical Capital, Westlake Village, CA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- January 16, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-43
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% Owner 10%
- Larger than 14% of expansion loans in Car Washes on this site.
- Average expansion loan in Car Washes: $1,994,962.
- Average expansion loan in California: $2,161,468.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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