Kirkland NY Carwash Inc
Kirkland NY Carwash Inc is a car wash business in Clinton, New York, operating in the car washes industry (NAICS 811192). The business was financed with an SBA 7(a) loan for a change of ownership of $1.6 million, approved on March 24, 2025 by Peapack Private Bank and Trust.
SBA 7(a) loan, change of ownership, approved Mar 24, 2025
$1,625,000 approvedLender: Peapack Private Bank and Trust25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,625,000
- SBA-guaranteed amount
- $1,218,750 (75% of the approval)
- Lender
- Peapack Private Bank and Trust, Bedminster, NJ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- March 24, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $13,637 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 1, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Oneida County, NY
- SBA district office
- Syracuse District Office
- Congressional district
- NY-22
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 54% of acquisition loans in Car Washes on this site.
- Average acquisition loan in Car Washes: $2,047,274.
- Average acquisition loan in New York: $1,771,512.
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 New York
- 4 Seasons Car Wash/Congers Corp., Congers
- Empire Car Wash Group, LLC, Floral Park aka Bellerose Village
- Bb Investing LLC, Syracuse