Lender intelligence

Financing a car washes acquisition in Washington

State:

The SBA 7(a) lenders funding the most car washes acquisitions in Washington, 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 Washington

$1.27M

Typical loan

range $1.16M–$2.91M

$1.42M

Est. purchase price

≈ loan ÷ 90%

$194,261

Cash to close

$141,667 down + fees

$16,498/mo

Typical payment

~9.5% · 10yr

$227,672/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

19 days

Typical time to fund

Lenders competing

more = leverage

7.88%

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 · Washington

Ranked by funded car washes acquisitions in Washington. Tap a lender for its full record, or hit Get in touch for an introduction.

1.58 loans · $53M · New York, NYFull record →
2.149 loans · $135M · Mukwonago, WIFull record →
3.868 loans · $362M · Salt Lake City, UTFull record →

6+ funded Car Washes in Washington 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.

Yogish Gottigere Krishna Murthy in Olympia, WA — $3.0M (2025) · purchase · Woori America Bank
Program
Preferred Lenders Program
Rate at approval
8.5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$2.2M (75%)
Approved
2/4/2025
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Individual
Jobs supported
4
Business age
Change of Ownership
Industry
Car Washes
If you were the buyer here
Est. deal size
$3.3M
Est. down payment (10%)
$328K
Est. cash at closing
$452K
Monthly payment
$23,754
Annual debt service
$285K
Cash flow needed (1.25×)
$356K
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 Woori America Bank · Lender record →
Your business? Claim this record · Request removal
Evergreen Carwash in Olympia, WA — $2.9M (2025) · purchase · Woori America Bank
Program
Preferred Lenders Program
Rate at approval
8.5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$2.2M (75%)
Approval → funding
19 days
Approved
3/14/2025
First disbursed
4/2/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
4
Business age
Change of Ownership
Industry
Car Washes
If you were the buyer here
Est. deal size
$3.2M
Est. down payment (10%)
$323K
Est. cash at closing
$446K
Monthly payment
$23,432
Annual debt service
$281K
Cash flow needed (1.25×)
$351K
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 Woori America Bank · Lender record →
Your business? Claim this record · Request removal
R&M Sunnyside LLC in Sunnyside, WA — $1.3M (2024) · purchase · Citizens Bank
Program
7a General
Rate at approval
10.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$956K (75%)
Approval → funding
63 days
Approved
12/11/2023
First disbursed
2/12/2024
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
$1.4M
Est. down payment (10%)
$142K
Est. cash at closing
$194K
Monthly payment
$11,811
Annual debt service
$142K
Cash flow needed (1.25×)
$177K
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 Citizens Bank · Lender record →
Your business? Claim this record · Request removal
PORT TOWNSEND CAR WASH in Port Townsend, WA — $1.2M (2023) · purchase · Celtic Bank Corporation
Program
Preferred Lenders Program
Rate at approval
8.75% variable
Term
300 mo (25 yrs)
SBA guaranteed
$870K (75%)
Approval → funding
6 days
Approved
11/9/2022
First disbursed
11/15/2022
Loan status
Paid in full (11/30/2023)
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
$1.3M
Est. down payment (10%)
$129K
Est. cash at closing
$177K
Monthly payment
$9,537
Annual debt service
$114K
Cash flow needed (1.25×)
$143K
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
Tefftco, LLC in Longview, WA — $1.2M (2021) · purchase · MVB Bank, Inc.
Program
7a General
Rate at approval
6% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.1M (90%)
Approval → funding
25 days
Approved
2/4/2021
First disbursed
3/1/2021
Loan status
Paid in full (11/30/2024)
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
$1.4M
Est. down payment (10%)
$137K
Est. cash at closing
$188K
Monthly payment
$7,956
Annual debt service
$95K
Cash flow needed (1.25×)
$119K
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 MVB Bank, Inc.
Your business? Claim this record · Request removal
Sevigny Investments, LLC in Yakima, WA — $510K (2021) · purchase · Columbia Bank
Program
Preferred Lenders Program
Rate at approval
5.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$459K (90%)
Approval → funding
16 days
Approved
2/12/2021
First disbursed
2/28/2021
Loan status
Paid in full (5/31/2024)
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
$567K
Est. down payment (10%)
$57K
Est. cash at closing
$76K
Monthly payment
$5,472
Annual debt service
$66K
Cash flow needed (1.25×)
$82K
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 Columbia Bank · Lender record →
Your business? Claim this record · Request removal

Financing a car washes deal in Washington? Start with the right lender

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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to car washes businesses with a Washington project address.

Agent summary

How to finance a car washes acquisition in Washington with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Washington deals. Woori America Bank funds the most here. CapBench is not a lender.

$1.6M typical loan
5 lenders active in Washington
6+ funded Washington deals
19 days typical to fund

Buyers buying a car washes in Washington typically pre-qualify, then ask CapBench to introduce a lender active here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All car washes lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/industry/car-washes/washington
API:: https://www.capbench.com/api/public/lenders?industry=car-washes
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.