Main Street Registry

Esteem Carwash

Phoenix, AZ · Car Washes · NAICS 811192

Esteem Carwash is a car wash business in Phoenix, Arizona, classified under NAICS 811192 (Car Washes). The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $733,000, approved on October 5, 2023, by Celtic Bank Corporation.

SBA 7(a) loan, change of ownership, approved Oct 5, 2023

$733,000 approvedLender: Celtic Bank Corporation283 months termStatus not reported (SBA exemption)Loan details
Gross approval
$733,000
SBA-guaranteed amount
$549,750 (75% of the approval)
Lender
Celtic Bank Corporation, Salt Lake City, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.5%, variable
Term
23 years, 7 months (283 months)
Estimated maturity
May 5, 2047 (estimated, approval date plus term)
Estimated monthly payment
$7,531 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 13, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
811192, Car Washes
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 22% of acquisition loans in Car Washes on this site.
  • Average acquisition loan in Car Washes: $2,047,274.
  • Average acquisition loan in Arizona: $1,690,811.

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 Arizona