Lender intelligence
Financing a car washes acquisition in Indiana
The SBA 7(a) lenders funding the most car washes acquisitions in Indiana, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Deal economics— what it takes to buy & finance car washes in Indiana
$1.15M
Typical loan
range $325K–$1.80M
$1.28M
Est. purchase price
≈ loan ÷ 90%
$175,216
Cash to close
$127,778 down + fees
$14,881/mo
Typical payment
~9.5% · 10yr
$205,358/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
8 days
Typical time to fund
7
Lenders competing
more = leverage
6.51%
Avg rate on record
cap ~9.75%
Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.
Most active in car washes · Indiana
Ranked by funded car washes acquisitions in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.168 loans · $205M · Fishers, INFull record →
- 2.31 loans · $13M · Louisville, KYFull record →
- 3.62 loans · $21M · Saint Cloud, MNFull record →
- 4.25 loans · $5M · Whiting, INFull record →
- 5.2 loans · $0M · Ottawa, ILFull record →
- 6.284 loans · $254M · Cincinnati, OHFull record →
10+ funded Car Washes in Indiana deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Dave's Car Wash and Laserwash in Indianapolis, IN — $1.8M (2025) · purchase · First Internet Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.4M (75%)
- Approval → funding
- 37 days
- Approved
- 6/4/2025
- First disbursed
- 7/11/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $2.0M
- Est. down payment (10%)
- $200K
- Est. cash at closing
- $275K
- Monthly payment
- $15,727
- Annual debt service
- $189K
- Cash flow needed (1.25×)
- $236K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Internet Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
- Shine Time Carwash & Lube Express of Peru in Peru, IN — $1.6M (2024) · purchase · First Internet Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 11% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.2M (75%)
- Approval → funding
- 61 days
- Approved
- 9/26/2024
- First disbursed
- 11/26/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $1.8M
- Est. down payment (10%)
- $178K
- Est. cash at closing
- $244K
- Monthly payment
- $15,682
- Annual debt service
- $188K
- Cash flow needed (1.25×)
- $235K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Internet Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
- HALL AND HALL CAR WASH LLC in Shelbyville, IN — $1.1M (2023) · purchase · Stearns Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $863K (75%)
- Approval → funding
- 4 days
- Approved
- 8/5/2023
- First disbursed
- 8/9/2023
- Loan status
- Paid in full (2/29/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $1.3M
- Est. down payment (10%)
- $128K
- Est. cash at closing
- $175K
- Monthly payment
- $10,858
- Annual debt service
- $130K
- Cash flow needed (1.25×)
- $163K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Stearns Bank National Association · Lender record →
Your business? Claim this record · Request removal
- Westin Properties LLC in Clarksville, IN — $2.6M (2022) · purchase · Stock Yards Bank & Trust Company
- Program
- Preferred Lenders Program
- Rate at approval
- 6.1% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.0M (75%)
- Approval → funding
- 2 days
- Approved
- 9/28/2022
- First disbursed
- 9/30/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 26
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $2.9M
- Est. down payment (10%)
- $292K
- Est. cash at closing
- $403K
- Monthly payment
- $17,116
- Annual debt service
- $205K
- Cash flow needed (1.25×)
- $257K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Stock Yards Bank & Trust Company · Lender record →
Your business? Claim this record · Request removal
- The Kliu Company LLC in West Lafayette, IN — $1.0M (2022) · purchase · Centier Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $762K (75%)
- Approval → funding
- 8 days
- Approved
- 11/22/2021
- First disbursed
- 11/30/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $113K
- Est. cash at closing
- $155K
- Monthly payment
- $5,793
- Annual debt service
- $70K
- Cash flow needed (1.25×)
- $87K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Centier Bank · Lender record →
Your business? Claim this record · Request removal
- Rutledge Properties, LLC in Mount Vernon, IN — $325K (2022) · purchase · First Federal Savings Bank
- Program
- 7a General
- Rate at approval
- 4.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $244K (75%)
- Approval → funding
- 9 days
- Approved
- 11/10/2021
- First disbursed
- 11/19/2021
- Loan status
- Paid in full (12/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $361K
- Est. down payment (10%)
- $36K
- Est. cash at closing
- $48K
- Monthly payment
- $1,759
- Annual debt service
- $21K
- Cash flow needed (1.25×)
- $26K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Federal Savings Bank · Lender record →
Your business? Claim this record · Request removal
- Westin Properties LLC in Clarksville, IN — $320K (2022) · purchase · Stock Yards Bank & Trust Company
- Program
- Preferred Lenders Program
- Rate at approval
- 6.1% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $240K (75%)
- Approval → funding
- 2 days
- Approved
- 9/28/2022
- First disbursed
- 9/30/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 26
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $355K
- Est. down payment (10%)
- $36K
- Est. cash at closing
- $48K
- Monthly payment
- $3,567
- Annual debt service
- $43K
- Cash flow needed (1.25×)
- $53K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Stock Yards Bank & Trust Company · Lender record →
Your business? Claim this record · Request removal
- Top Dog Auto Wash LLC in Columbus, IN — $90K (2022) · purchase · Springs Valley Bank & Trust Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 4.5% variable
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $45K (50%)
- Approval → funding
- 6 days
- Approved
- 10/25/2021
- First disbursed
- 10/31/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $100K
- Est. down payment (10%)
- $10K
- Est. cash at closing
- $13K
- Monthly payment
- $1,251
- Annual debt service
- $15K
- Cash flow needed (1.25×)
- $19K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Springs Valley Bank & Trust Company
Your business? Claim this record · Request removal
- ULTRA CARWASH LLC in Vincennes, IN — $3.0M (2021) · purchase · Fifth Third Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.23% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.7M (90%)
- Approval → funding
- 7 days
- Approved
- 7/2/2021
- First disbursed
- 7/9/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $3.3M
- Est. down payment (10%)
- $333K
- Est. cash at closing
- $460K
- Monthly payment
- $16,219
- Annual debt service
- $195K
- Cash flow needed (1.25×)
- $243K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Fifth Third Bank · Lender record →
Your business? Claim this record · Request removal
- Bubbles Brilliant Clean LLC in Newburgh, IN — $900K (2021) · purchase · Springs Valley Bank & Trust Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 4.2% variable
- Term
- 242 months
- SBA guaranteed
- $450K (50%)
- Approval → funding
- 30 days
- Approved
- 3/1/2021
- First disbursed
- 3/31/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $1.0M
- Est. down payment (10%)
- $100K
- Est. cash at closing
- $137K
- Monthly payment
- $5,520
- Annual debt service
- $66K
- Cash flow needed (1.25×)
- $83K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Springs Valley Bank & Trust Company
Your business? Claim this record · Request removal
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to car washes businesses with a Indiana project address.
Agent summary
How to finance a car washes acquisition in Indiana with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Indiana deals. First Internet Bank of Indiana funds the most here. CapBench is not a lender.
- $1.6M typical loan
- 7 lenders active in Indiana
- 10+ funded Indiana deals
- 8 days typical to fund
Buyers buying a car washes in Indiana typically pre-qualify, then ask CapBench to introduce a lender active here — free for buyers; agents submit a consented lead via the CapBench MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.