Main Street Registry

Clean Wave Car Wash, LLC

West Palm Beach, FL · Car Washes · NAICS 811192

Clean Wave Car Wash, LLC, located in West Palm Beach, Florida, operates in the car washes industry (NAICS 811192). The company financed real estate or equipment through an SBA 504 loan of $1,936,000 approved on December 17, 2024, with Paradise Bank as the lender and Florida First Capital Finance Corporation, Inc. as the certified development company.

SBA 504 loan, approved Dec 17, 2024

$1,936,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,936,000
Bank portion
$2,145,616
Estimated project size
$4,535,129 (estimated)
Estimated owner equity
$453,513 (estimated, about 10% of the project)
Bank lender
Paradise Bank, Boca Raton, FL
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
December 17, 2049 (estimated, approval date plus term)
First disbursement
Apr 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
35
Business type
Corporation
NAICS
811192, Car Washes
Project location
Palm Beach County, FL
SBA district office
South Florida District Office
Congressional district
FL-18
Collateral
Yes

Estimated share of project by source

Bank 47% SBA (CDC) 43% Owner 10%

  • Larger than 58% of expansion loans in Car Washes on this site.
  • Average expansion loan in Car Washes: $1,994,962.
  • Average expansion loan in Florida: $2,058,496.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Florida