Lender intelligence
Financing a car washes acquisition in Michigan
The SBA 7(a) lenders funding the most car washes acquisitions in Michigan, 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 Michigan
$772K
Typical loan
range $385K–$1.92M
$858K
Est. purchase price
≈ loan ÷ 90%
$117,653
Cash to close
$85,800 down + fees
$9,992/mo
Typical payment
~9.5% · 10yr
$137,890/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
12 days
Typical time to fund
10
Lenders competing
more = leverage
6.78%
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 · Michigan
Ranked by funded car washes acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.116 loans · $120M · Evansville, INFull record →
- 2.1 loans · $0M · Sterling Heights, MIFull record →
- 3.868 loans · $362M · Salt Lake City, UTFull record →
- 4.41 loans · $77M · Warwick, RIFull record →
16+ funded Car Washes in Michigan 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.
- Blue Wave Wash LLC in Three Rivers, MI — $312K (2026) · purchase · Christian Financial CU
- Program
- 7a General
- Rate at approval
- 7.5% fixed
- Term
- 180 mo (15 yrs)
- SBA guaranteed
- $234K (75%)
- Approved
- 3/10/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $346K
- Est. down payment (10%)
- $35K
- Est. cash at closing
- $46K
- Monthly payment
- $2,888
- Annual debt service
- $35K
- Cash flow needed (1.25×)
- $43K
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 Christian Financial CU · Lender record →
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- CW INVESTMENTS, LLC in Houghton Lake, MI — $579K (2025) · purchase · Celtic Bank Corporation
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 304 months
- SBA guaranteed
- $434K (75%)
- Approval → funding
- 4 days
- Approved
- 5/12/2025
- First disbursed
- 5/16/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $643K
- Est. down payment (10%)
- $64K
- Est. cash at closing
- $86K
- Monthly payment
- $5,142
- Annual debt service
- $62K
- Cash flow needed (1.25×)
- $77K
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 Celtic Bank Corporation · Lender record →
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- G & S Auto Wash, LLC in Troy, MI — $3.5M (2023) · purchase · Shoreham Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 246 months
- SBA guaranteed
- $2.7M (75%)
- Approval → funding
- 12 days
- Approved
- 2/22/2023
- First disbursed
- 3/6/2023
- Loan status
- Paid in full (8/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $3.9M
- Est. down payment (10%)
- $394K
- Est. cash at closing
- $544K
- Monthly payment
- $32,775
- Annual debt service
- $393K
- Cash flow needed (1.25×)
- $492K
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 Shoreham Bank · Lender record →
Your business? Claim this record · Request removal
- DRIP CAR WASH HOWELL LLC in Howell, MI — $1.9M (2023) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6.75% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.4M (75%)
- Approval → funding
- 10 days
- Approved
- 3/14/2023
- First disbursed
- 3/24/2023
- Loan status
- Paid in full (6/30/2025)
- 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
- $2.1M
- Est. down payment (10%)
- $213K
- Est. cash at closing
- $293K
- Monthly payment
- $13,243
- Annual debt service
- $159K
- Cash flow needed (1.25×)
- $199K
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 Old National Bank · Lender record →
Your business? Claim this record · Request removal
- DRIP CAR WASH FENTON, LLC in Fenton, MI — $1.3M (2023) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6.75% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $992K (75%)
- Approval → funding
- 10 days
- Approved
- 3/14/2023
- First disbursed
- 3/24/2023
- Loan status
- Paid in full (6/30/2025)
- 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
- $1.5M
- Est. down payment (10%)
- $147K
- Est. cash at closing
- $201K
- Monthly payment
- $9,135
- Annual debt service
- $110K
- Cash flow needed (1.25×)
- $137K
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 Old National Bank · Lender record →
Your business? Claim this record · Request removal
- DRIP CAR WASH HOWELL 2 LLC in Howell, MI — $688K (2023) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.35% fixed
- Term
- 205 months
- SBA guaranteed
- $516K (75%)
- Approval → funding
- 10 days
- Approved
- 3/14/2023
- First disbursed
- 3/24/2023
- Loan status
- Paid in full (6/30/2025)
- 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
- $765K
- Est. down payment (10%)
- $76K
- Est. cash at closing
- $102K
- Monthly payment
- $5,904
- Annual debt service
- $71K
- Cash flow needed (1.25×)
- $89K
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 Old National Bank · Lender record →
Your business? Claim this record · Request removal
- ACMC CAR WASH LLC in Roseville, MI — $679K (2023) · purchase · Celtic Bank Corporation
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $509K (75%)
- Approval → funding
- 13 days
- Approved
- 12/2/2022
- First disbursed
- 12/15/2022
- Loan status
- Paid in full (2/28/2026)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 1
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $754K
- Est. down payment (10%)
- $75K
- Est. cash at closing
- $101K
- Monthly payment
- $6,051
- Annual debt service
- $73K
- Cash flow needed (1.25×)
- $91K
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 Celtic Bank Corporation · Lender record →
Your business? Claim this record · Request removal
- Divine Property Co LLC in Lake Odessa, MI — $279K (2023) · purchase · PFCU
- Program
- 7a General
- Rate at approval
- 7.15% fixed
- Term
- 240 mo (20 yrs)
- SBA guaranteed
- $209K (75%)
- Approval → funding
- 10 days
- Approved
- 11/8/2022
- First disbursed
- 11/18/2022
- Loan status
- Current
- 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
- $310K
- Est. down payment (10%)
- $31K
- Est. cash at closing
- $41K
- Monthly payment
- $2,188
- Annual debt service
- $26K
- Cash flow needed (1.25×)
- $33K
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 PFCU · Lender record →
Your business? Claim this record · Request removal
- Clean View Auto Wash 5, Inc. in Clinton Township, MI — $2.3M (2021) · purchase · Genisys CU
- Program
- 7a General
- Rate at approval
- 5% variable
- Term
- 197 months
- SBA guaranteed
- $1.8M (75%)
- Approved
- 12/29/2020
- Loan status
- Cancelled
- 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
- $2.6M
- Est. down payment (10%)
- $261K
- Est. cash at closing
- $360K
- Monthly payment
- $17,507
- Annual debt service
- $210K
- Cash flow needed (1.25×)
- $263K
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 Genisys CU · Lender record →
Your business? Claim this record · Request removal
- JBT DEVELOPMENT BATTLE CREEK LLC in Milford, MI — $1.8M (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.6M (90%)
- Approval → funding
- 0 days
- Approved
- 8/31/2021
- First disbursed
- 8/31/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $2.0M
- Est. down payment (10%)
- $203K
- Est. cash at closing
- $280K
- Monthly payment
- $11,232
- Annual debt service
- $135K
- Cash flow needed (1.25×)
- $168K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- 31785 L.L.C in Warren, MI — $978K (2021) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 304 months
- SBA guaranteed
- $734K (75%)
- Approval → funding
- 0 days
- Approved
- 12/14/2020
- First disbursed
- 12/14/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $109K
- Est. cash at closing
- $149K
- Monthly payment
- $6,266
- Annual debt service
- $75K
- Cash flow needed (1.25×)
- $94K
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 Byline Bank · Lender record →
Your business? Claim this record · Request removal
- Koopman 1414, LLC in Holland, MI — $772K (2021) · purchase · West Shore Bank
- Program
- 7a General
- Rate at approval
- 4.25% variable
- Term
- 240 mo (20 yrs)
- SBA guaranteed
- $695K (90%)
- Approval → funding
- 0 days
- Approved
- 3/31/2021
- First disbursed
- 3/31/2021
- Loan status
- Current
- 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
- $858K
- Est. down payment (10%)
- $86K
- Est. cash at closing
- $118K
- Monthly payment
- $4,782
- Annual debt service
- $57K
- Cash flow needed (1.25×)
- $72K
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 West Shore Bank · Lender record →
Your business? Claim this record · Request removal
- SABER PROPERTIES LLC in Fremont, MI — $385K (2021) · purchase · Celtic Bank Corporation
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $346K (90%)
- Approval → funding
- 15 days
- Approved
- 8/16/2021
- First disbursed
- 8/31/2021
- Loan status
- Paid in full (6/30/2025)
- 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
- $427K
- Est. down payment (10%)
- $43K
- Est. cash at closing
- $57K
- Monthly payment
- $2,420
- Annual debt service
- $29K
- Cash flow needed (1.25×)
- $36K
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 Celtic Bank Corporation · Lender record →
Your business? Claim this record · Request removal
- B&L Car Wash LLC in Muskegon, MI — $214K (2021) · purchase · West Shore Bank
- Program
- 7a General
- Rate at approval
- 5.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $192K (90%)
- Approval → funding
- 18 days
- Approved
- 6/11/2021
- First disbursed
- 6/29/2021
- 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
- $237K
- Est. down payment (10%)
- $24K
- Est. cash at closing
- $32K
- Monthly payment
- $1,281
- 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 West Shore Bank · Lender record →
Your business? Claim this record · Request removal
- Great Lakes Car Wash L.L.C. in Lansing, MI — $167K (2021) · purchase · Lake Trust CU
- Program
- 7a General
- Rate at approval
- 5.75% variable
- Term
- 240 mo (20 yrs)
- SBA guaranteed
- $125K (75%)
- Approval → funding
- 65 days
- Approved
- 12/2/2020
- First disbursed
- 2/5/2021
- Loan status
- Current
- 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
- $185K
- Est. down payment (10%)
- $19K
- Est. cash at closing
- $25K
- Monthly payment
- $1,169
- Annual debt service
- $14K
- Cash flow needed (1.25×)
- $18K
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 Lake Trust CU · Lender record →
Your business? Claim this record · Request removal
- Clean View Properties 4, LLC in Clinton Township, MI — $2.4M (2020) · purchase · Genisys CU
- Program
- 7a General
- Rate at approval
- 6.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.8M (75%)
- Approval → funding
- 25 days
- Approved
- 3/6/2020
- First disbursed
- 3/31/2020
- Loan status
- Paid in full (7/31/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $2.7M
- Est. down payment (10%)
- $267K
- Est. cash at closing
- $368K
- Monthly payment
- $16,205
- Annual debt service
- $194K
- 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 Genisys CU · Lender record →
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 Michigan project address.
Agent summary
How to finance a car washes acquisition in Michigan with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Michigan deals. Old National Bank funds the most here. CapBench is not a lender.
- $1.6M typical loan
- 10 lenders active in Michigan
- 16+ funded Michigan deals
- 12 days typical to fund
Buyers buying a car washes in Michigan 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 2026-06-22.
- 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.