Main Street Registry

BB Shine's Car Wash

Leander, TX · Car Washes · NAICS 811192

BB Shine's Car Wash is a car wash business in Leander, Texas, in the car washes industry (NAICS 811192). The business financed real estate or equipment through an SBA 504 loan of $1,518,000, approved on March 19, 2024, with U.S. Bank, National Association as the lender and Capital Certified Development Corporation as the certified development company.

SBA 504 loan, approved Mar 19, 2024

$1,518,000 SBA portionCDC: Capital Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,518,000
Bank portion
$2,105,000
Estimated project size
$4,025,556 (estimated)
Estimated owner equity
$402,556 (estimated, about 10% of the project)
Bank lender
U.S. Bank, National Association, Cincinnati, OH
CDC
Capital Certified Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
March 19, 2049 (estimated, approval date plus term)
First disbursement
May 15, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
811192, Car Washes
Project location
Williamson County, TX
SBA district office
San Antonio District Office
Congressional district
TX-10
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 37% of expansion loans in Car Washes on this site.
  • Average expansion loan in Car Washes: $1,994,962.
  • Average expansion loan in Texas: $2,316,979.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Texas