Main Street Registry

Shine Time Express Car Wash

Buford, GA · Car Washes · NAICS 811192

Shine Time Express Car Wash is a car wash business in Buford, Georgia, classified under the NAICS code for car washes. It financed real estate or equipment through an SBA 504 loan of $2.13 million, approved on November 18, 2024, with Ameris Bank as the lending bank and Florida Business Development Corporation as the certified development company.

SBA 504 loan, approved Nov 18, 2024

$2,130,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,130,000
Bank portion
$3,675,000
Estimated project size
$6,450,000 (estimated)
Estimated owner equity
$645,000 (estimated, about 10% of the project)
Bank lender
Ameris Bank, Atlanta, GA
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
November 18, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
3
Business type
Corporation
NAICS
811192, Car Washes
Project location
Gwinnett County, GA
SBA district office
Georgia District Office
Congressional district
GA-7
Collateral
Yes

Estimated share of project by source

Bank 57% SBA (CDC) 33% Owner 10%

  • Larger than 68% of expansion loans in Car Washes on this site.
  • Average expansion loan in Car Washes: $1,994,962.
  • Average expansion loan in Georgia: $2,201,121.

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 Georgia