Main Street Registry

Royal Carwash

Liberty Township, OH · Car Washes · NAICS 811192

Royal Carwash, located in Liberty Township, Ohio, operates in the car washes industry (NAICS 811192). The business was financed with an SBA 7(a) loan for a change of ownership of $994,500, approved on February 25, 2025, by Celtic Bank Corporation.

SBA 7(a) loan, change of ownership, approved Feb 25, 2025

$994,500 approvedLender: Celtic Bank Corporation25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$994,500
SBA-guaranteed amount
$745,875 (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
10%, variable
Term
25 years (300 months)
Estimated maturity
February 25, 2050 (estimated, approval date plus term)
Estimated monthly payment
$9,037 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
811192, Car Washes
Project location
Hamilton County, OH
SBA district office
Columbus District Office
Congressional district
OH-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 30% 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.

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Same industry in Ohio