Main Street Registry

Sebastian River Car Wash LLC

Sebastian, FL · Car Washes · NAICS 811192

Sebastian River Car Wash LLC is a car wash business in Sebastian, Florida, in the Car Washes industry (NAICS 811192). The business was financed with an SBA 7(a) loan for a change of ownership totaling $760,000, approved on January 15, 2025 by SouthState Bank, National Association. The loan is listed as supporting 4 jobs.

SBA 7(a) loan, change of ownership, approved Jan 15, 2025

$760,000 approvedLender: SouthState Bank, National Association25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$760,000
SBA-guaranteed amount
$570,000 (75% of the approval)
Lender
SouthState Bank, National Association, Winter Haven, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
25 years (300 months)
Estimated maturity
January 15, 2050 (estimated, approval date plus term)
Estimated monthly payment
$6,640 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 5, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
811192, Car Washes
Project location
Indian River County, FL
SBA district office
South Florida District Office
Congressional district
FL-08
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 25% of acquisition loans in Car Washes on this site.
  • Average acquisition loan in Car Washes: $2,047,274.
  • Average acquisition loan in Florida: $1,808,559.

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 Florida