The Car Wash Center Glastonbury LLC
The Car Wash Center Glastonbury LLC is a car wash business in Glastonbury, Connecticut, in the car washes industry (NAICS 811192). The company financed real estate or equipment through an SBA 504 loan with a SBA portion of $2,393,000, approved through the New England Certified Development Corporation with Florence Bank as the lending partner and a loan approval date of August 5, 2026.
SBA 504 loan, approved Aug 5, 2026
$2,393,000 SBA portionCDC: New England Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,393,000
- Bank portion
- $2,910,000
- Estimated project size
- $5,892,222 (estimated)
- Estimated owner equity
- $589,222 (estimated, about 10% of the project)
- Bank lender
- Florence Bank, Florence, MA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- August 5, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Capitol County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 80% of expansion loans in Car Washes on this site.
- Average expansion loan in Car Washes: $1,994,962.
- Average expansion loan in Connecticut: $2,313,333.
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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Same industry in Connecticut
- Southbury Car Clinic, LLC, Southbury