Main Street Registry

Nagle Family Car Wash Corporation

Waterville, OH · Car Washes · NAICS 811192

Nagle Family Car Wash Corporation is a car wash business located in Waterville, Ohio, classified under the NAICS industry Car Washes. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $3,795,600, approved on December 16, 2024 by The Huntington National Bank and reported with 13 jobs.

SBA 7(a) loan, change of ownership, approved Dec 16, 2024

$3,795,600 approvedLender: The Huntington National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,795,600
SBA-guaranteed amount
$2,846,700 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.9%, fixed
Term
25 years (300 months)
Estimated maturity
December 16, 2049 (estimated, approval date plus term)
Estimated monthly payment
$29,044 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 29, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
13
Business type
Corporation
NAICS
811192, Car Washes
Project location
Lucas County, OH
SBA district office
Columbus District Office
Congressional district
OH-05
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 81% of acquisition loans in Car Washes on this site.
  • Average acquisition loan in Car Washes: $2,047,274.
  • Average acquisition loan in Ohio: $1,840,340.

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 Ohio