Watermill Candelas LLC
Watermill Candelas LLC is located in Arvada, CO, and the SBA lists its industry as Car Washes. It was approved for an SBA 504 loan ($2,316,000 SBA portion) on September 30, 2025 to finance real estate or equipment.
SBA 504 loan, approved Sep 30, 2025
- SBA (CDC) portion
- $2,316,000
- Bank portion
- $3,223,000
- Estimated project size
- $6,154,444 (estimated)
- Estimated owner equity
- $615,444 (estimated, about 10% of the project)
- Bank lender
- FirsTier Bank, Kimball, NE
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 30, 2050 (estimated, approval date plus term)
- First disbursement
- May 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Jefferson County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-7
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 78% 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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