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Siva Holdings LLC

Catonsville, MD · Car Washes · NAICS 811192

Siva Holdings LLC is a car wash business located in Catonsville, Maryland, classified under NAICS code 811192 (Car Washes). The business was financed with an SBA 7(a) loan for a change of ownership totaling $3.8 million, approved in September 2026 through Hanmi Bank and reported with 13 jobs.

SBA 7(a) loan, change of ownership, approved Sep 17, 2026

$3,800,000 approvedLender: Hanmi Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$3,800,000
SBA-guaranteed amount
$2,850,000 (75% of the approval)
Lender
Hanmi Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
September 17, 2051 (estimated, approval date plus term)
Estimated monthly payment
$28,702 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
13
Business type
Corporation
NAICS
811192, Car Washes
Project location
Baltimore County, MD
SBA district office
Baltimore District Office
Congressional district
MD-07
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 82% of acquisition loans in Car Washes on this site.
  • Average acquisition loan in Car Washes: $2,047,274.
  • Average acquisition loan in Maryland: $1,627,337.

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 Maryland