Stop & Shine Car Wash LLC
Stop & Shine Car Wash LLC, located in Gardner, Kansas, operates in the car washes industry (NAICS 811192). The company was financed with an SBA 7(a) loan for a change of ownership of $630,000, approved by OakStar Bank on March 12, 2025.
SBA 7(a) loan, change of ownership, approved Mar 12, 2025
$630,000 approvedLender: OakStar Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $630,000
- SBA-guaranteed amount
- $472,500 (75% of the approval)
- Lender
- OakStar Bank, Springfield, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- March 12, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $5,614 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 1, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Johnson County, KS
- SBA district office
- Kansas City District Office
- Congressional district
- KS-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 14% of acquisition loans in Car Washes on this site.
- Average acquisition loan in Car Washes: $2,047,274.
- Average acquisition loan in Kansas: $1,491,022.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Kansas
- JG Washes LLC, Wichita