Main Street Registry

In N Out Car Wash (East) LLC

Chicago, IL · Car Washes · NAICS 811192

In N Out Car Wash (East) LLC is a car wash business in Chicago, Illinois, in the Car Washes industry (NAICS 811192). The company was financed with an SBA 7(a) loan for a change of ownership of $534,000, approved on September 29, 2025, through The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Sep 29, 2025

$534,000 approvedLender: The Huntington National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$534,000
SBA-guaranteed amount
$400,500 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
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 29, 2050 (estimated, approval date plus term)
Estimated monthly payment
$4,666 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 14, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
811192, Car Washes
Project location
Cook 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 4% 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.

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Same industry in Illinois