Main Street Registry

Portola Management LLC

Arlington, TX · Car Washes · NAICS 811192

Portola Management LLC is a car wash business located in Arlington, Texas, classified under the car washes industry (NAICS 811192). The company was financed with an SBA 7(a) loan for a change of ownership, approved on January 29, 2025, in the amount of $2,678,000 through Metro City Bank, with 17 jobs reported.

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

$2,678,000 approvedLender: Metro City Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,678,000
SBA-guaranteed amount
$2,008,500 (75% of the approval)
Lender
Metro City Bank, Doraville, GA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
25 years (300 months)
Estimated maturity
January 29, 2050 (estimated, approval date plus term)
Estimated monthly payment
$21,115 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 14, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
17
Business type
Corporation
NAICS
811192, Car Washes
Project location
Tarrant County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 68% 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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Same industry in Texas