Sunnyside Car Wash Inc.
Sunnyside Car Wash Inc. is a car wash business located in Beltsville, Maryland, classified under NAICS code 811192 (Car Washes). The business was financed with an SBA 7(a) loan for a change of ownership of $3,220,000, approved on August 28, 2025, through Hanmi Bank.
SBA 7(a) loan, change of ownership, approved Aug 28, 2025
$3,220,000 approvedLender: Hanmi Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,220,000
- SBA-guaranteed amount
- $2,415,000 (75% of the approval)
- Lender
- Hanmi Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- August 28, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $25,928 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 3, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Prince Georges County, MD
- SBA district office
- Washington District Office
- Congressional district
- MD-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 80% of acquisition loans in Car Washes on this site.
- Average acquisition loan in Car Washes: $2,047,274.
- Average acquisition loan in Maryland: $1,627,337.
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 Maryland
- Siva Holdings LLC, Catonsville
- Chang's College Park Car Wash, Inc., College Park
- Sparkle Car Wash, Hyattsville
- 6625 Grove Ave LLC, Windsor Mill