Main Street Registry

Gleam and Go, Inc.

Crystal Lake, IL · Car Washes · NAICS 811192

Gleam and Go, Inc. is a car wash business in Crystal Lake, Illinois, classified under the industry Car Washes (NAICS 811192). The company was financed with an SBA 7(a) loan for a change of ownership of $743,000, approved on March 19, 2025, through Southwestern National Bank.

SBA 7(a) loan, change of ownership, approved Mar 19, 2025

$743,000 approvedLender: Southwestern National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$743,000
SBA-guaranteed amount
$557,250 (75% of the approval)
Lender
Southwestern National Bank, Houston, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
March 19, 2050 (estimated, approval date plus term)
Estimated monthly payment
$5,983 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 7, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
811192, Car Washes
Project location
Mchenry County, IL
SBA district office
Illinois District Office
Congressional district
IL-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 23% of acquisition loans in Car Washes on this site.
  • Average acquisition loan in Car Washes: $2,047,274.
  • Average acquisition loan in Illinois: $1,796,780.

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 Illinois