Grand Slam Carwash and Lube LLC
Grand Slam Carwash and Lube LLC is a car wash business in League City, Texas, in the car washes industry (NAICS 811192). The company was financed with an SBA 7(a) loan for a change of ownership of $2.7 million, approved on February 11, 2026 by T Bank, National Association, with an estimated 50 jobs reported.
SBA 7(a) loan, change of ownership, approved Feb 11, 2026
$2,714,000 approvedLender: T Bank, National Association25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,714,000
- SBA-guaranteed amount
- $2,035,500 (75% of the approval)
- Lender
- T Bank, National Association, Dallas, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- February 11, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $21,399 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 26, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 50
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Galveston County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 69% 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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