Blast Carwash Garland
Blast Carwash Garland is a car wash business located in Garland, Texas, in the Car Washes industry (NAICS 811192). The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $4,725,000, approved by Metro City Bank with an approval date of September 9, 2026.
SBA 7(a) loan, change of ownership, approved Sep 9, 2026
$4,725,000 approvedLender: Metro City Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,725,000
- SBA-guaranteed amount
- $3,543,750 (75% of the approval)
- Lender
- Metro City Bank, Doraville, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 9, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $35,689 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 10, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Dallas County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 89% of acquisition loans in Car Washes on this site.
- Average acquisition loan in Car Washes: $2,047,274.
- Average acquisition loan in Texas: $1,944,682.
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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