Main Street Registry

Freddie's Carwash, LLC

Austin, TX · Car Washes · NAICS 811192

Freddie's Carwash, LLC is a car wash business in Austin, Texas, in the car washes industry (NAICS 811192). It was financed with an SBA 7(a) loan for a change of ownership totaling $1,599,700, approved on January 29, 2026, by Celtic Bank Corporation.

SBA 7(a) loan, change of ownership, approved Jan 29, 2026

$1,599,700 approvedLender: Celtic Bank Corporation306 months termStatus not reported (SBA exemption)Loan details
Gross approval
$1,599,700
SBA-guaranteed amount
$1,199,775 (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
8.75%, variable
Term
25 years, 6 months (306 months)
Estimated maturity
July 29, 2051 (estimated, approval date plus term)
Estimated monthly payment
$13,081 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 10, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
811192, Car Washes
Project location
Travis County, TX
SBA district office
San Antonio District Office
Congressional district
TX-17
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 52% of acquisition loans in Car Washes on this site.
  • Average acquisition loan in Car Washes: $2,047,274.
  • Average acquisition loan in Texas: $1,944,682.

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 Texas