Main Street Registry

Five Star Hand Car Wash LLC

Mesa, AZ · Car Washes · NAICS 811192

Five Star Hand Car Wash LLC is a car wash business located in Mesa, Arizona, classified under the NAICS industry for car washes. The business was financed with an SBA 7(a) loan for a change of ownership of $723,300, with Alerus Financial, National Association as the lender and an approval date of August 24, 2025.

SBA 7(a) loan, change of ownership, approved Aug 24, 2025

$723,300 approvedLender: Alerus Financial, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$723,300
SBA-guaranteed amount
$542,475 (75% of the approval)
Lender
Alerus Financial, National Association, Grand Forks, ND
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.25%, fixed
Term
10 years (120 months)
Estimated maturity
August 24, 2035 (estimated, approval date plus term)
Estimated monthly payment
$8,492 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 3, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
811192, Car Washes
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-05
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 21% 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