Main Street Registry

White Mountain Car Wash LLC

Show Low, AZ · Car Washes · NAICS 811192

White Mountain Car Wash LLC, located in Show Low, Arizona, operates in the car washes industry (NAICS 811192). The business was financed with an SBA 7(a) loan for a change of ownership of $1,769,500, approved on May 13, 2024 by Zions Bancorporation, National Association.

SBA 7(a) loan, change of ownership, approved May 13, 2024

$1,769,500 approvedLender: Zions Bancorporation, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,769,500
SBA-guaranteed amount
$1,327,125 (75% of the approval)
Lender
Zions Bancorporation, National Association, Salt Lake City, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, fixed
Term
10 years (120 months)
Estimated maturity
May 13, 2034 (estimated, approval date plus term)
Estimated monthly payment
$21,939 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 16, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
811192, Car Washes
Project location
Navajo County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 56% of acquisition loans in Car Washes on this site.
  • Average acquisition loan in Car Washes: $2,047,274.
  • Average acquisition loan in Arizona: $1,690,811.

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 Arizona