Suds Factory Car Wash
Suds Factory Car Wash is a car wash business in Feasterville-Trevose, PA, in the Car Washes industry (NAICS 811192). The business financed real estate or equipment through an SBA 504 loan of $1,432,000 (the SBA portion), approved on October 30, 2024 by Quaint Oak Bank with Empire State Certified Development Corporation as the CDC.
SBA 504 loan, approved Oct 30, 2024
$1,432,000 SBA portionCDC: Empire State Certified Development Corporation25 years termPaid in fullLoan details
- SBA (CDC) portion
- $1,432,000
- Bank portion
- $2,002,100
- Estimated project size
- $3,815,667 (estimated)
- Estimated owner equity
- $381,567 (estimated, about 10% of the project)
- Bank lender
- Quaint Oak Bank, Southampton, PA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 30, 2049 (estimated, approval date plus term)
- First disbursement
- Nov 12, 2025
- Loan status
- Paid in full
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Bucks County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-1
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 30% of expansion loans in Car Washes on this site.
- Average expansion loan in Car Washes: $1,994,962.
- Average expansion loan in Pennsylvania: $2,212,724.
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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