Phoenixville Buggy Bath LLC
Phoenixville Buggy Bath LLC is a car wash business in Phoenixville, Pennsylvania, classified under the NAICS industry Car Washes. The company was financed with an SBA 7(a) loan for a change of ownership of $1,055,000, approved on August 6, 2025, through Mid Penn Bank.
SBA 7(a) loan, change of ownership, approved Aug 6, 2025
$1,055,000 approvedLender: Mid Penn Bank306 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,055,000
- SBA-guaranteed amount
- $791,250 (75% of the approval)
- Lender
- Mid Penn Bank, Millersburg, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, fixed
- Term
- 25 years, 6 months (306 months)
- Estimated maturity
- February 6, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $7,745 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Chester County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 34% of acquisition loans in Car Washes on this site.
- Average acquisition loan in Car Washes: $2,047,274.
- Average acquisition loan in Pennsylvania: $1,636,965.
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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