Sparklin' Clean Car Wash
Sparklin' Clean Car Wash is a car wash business in Phoenix, Arizona, in the Car Washes industry (NAICS 811192). The business financed real estate or equipment through an SBA 504 loan with a $1,185,000 SBA portion, approved on May 13, 2025, with First Fidelity Bank as the lender and The Mortgage Capital Development Corporation as the certified development company.
SBA 504 loan, approved May 13, 2025
$1,185,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,185,000
- Bank portion
- $2,310,987
- Estimated project size
- $3,884,430 (estimated)
- Estimated owner equity
- $388,443 (estimated, about 10% of the project)
- Bank lender
- First Fidelity Bank, Oklahoma City, OK
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 13, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-3
- Collateral
- Yes
Estimated share of project by source
Bank 59% SBA (CDC) 31% Owner 10%
- Larger than 18% of expansion loans in Car Washes on this site.
- Average expansion loan in Car Washes: $1,994,962.
- Average expansion loan in Arizona: $2,074,452.
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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