Tommy's Car Wash
Tommy's Car Wash in Colorado Springs, CO operates in the car washes industry (NAICS 811192). The business was financed with an SBA 504 loan, which financed real estate or equipment through an SBA 504 loan, with an SBA portion of $3,264,000 approved by the CDC B:Side Capital and a partner lender, Celtic Bank Corporation, with the approval dated September 11, 2025.
SBA 504 loan, approved Sep 11, 2025
$3,264,000 SBA portionCDC: B:Side Capital25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $3,264,000
- Bank portion
- $5,311,900
- Estimated project size
- $9,528,778 (estimated)
- Estimated owner equity
- $952,878 (estimated, about 10% of the project)
- Bank lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 11, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- El Paso County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-5
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% Owner 10%
- Larger than 86% of expansion loans in Car Washes on this site.
- Average expansion loan in Car Washes: $1,994,962.
- Average expansion loan in Colorado: $2,096,252.
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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