Bear Car Wash Modesto Inc
Bear Car Wash Modesto Inc is located in Modesto, CA, and the SBA lists its industry as Car Washes. It was approved for an SBA 7(a) loan of $960,000 for a change of ownership on September 30, 2026.
SBA 7(a) loan, change of ownership, approved Sep 30, 2026
- Gross approval
- $960,000
- SBA-guaranteed amount
- $720,000 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 30, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $8,387 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Stanislaus County, CA
- SBA district office
- Fresno District Office
- Congressional district
- CA-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 27% of acquisition loans in Car Washes on this site.
- Average acquisition loan in Car Washes: $2,047,274.
- Average acquisition loan in California: $1,688,228.
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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Same industry in California
- O'Dell Holdings Group, Mission Viejo
- Oasis Xpress Car Wash 2 LLC, Dos Palos
- Two Thumbs Up Express Car Wash, Santa Ana
- Mirzakhanian, LLC, Los Angeles
- Splash Brothers Carwash Inc., Castro Valley
- JDS Wash 1 LLC, Merced
- Brea Express Wash, Brea
- Soak Car Wash, Bakersfield