Car Washes acquisitions in Missouri: SBA loan data
Since FY2018, SBA lenders have approved 15 7(a) loans to buy an existing business classified as Car Washes in Missouri, totaling $16.1M. The median loan was $497,000. That is 1.4% of the 1,098 acquisition loans in Missouri.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsFree consultation. All 50 states.
How this compares
The median Car Washes loan in Missouri is 14% lower than the $580,000 median for all Missouri acquisitions, and 62% lower than the $1,324,100 median for Car Washes acquisitions nationwide (406 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 0.9% of seasoned Car Washes acquisition loans were charged off, and 2.9% of seasoned Missouri acquisition loans of any type.
Car Washes acquisition loans in Missouri by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 3 | $9.1M | $3,200,000 | |
| FY2020 | 0 | $0 | - | |
| FY2021 | 3 | $4M | $756,700 | |
| FY2022 | 1 | $713K | $712,800 | |
| FY2023 | 1 | $236K | $236,000 | |
| FY2024 | 2 | $547K | $273,500 | |
| FY2025 | 3 | $783K | $326,000 | |
| FY2026 | 2 | $692K | $346,000 |
How often do these acquisition loans fail?
Fewer than 20 Car Washes in Missouri acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAll 50 states. Free consultation.
Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | American Bank of Freedom | 4 | 26.7% | $11.9M | |
| 2 | The Huntington National Bank | 2 | 13.3% | $692K | |
| 3 | UMB Bank, National Association | 2 | 13.3% | $547K | |
| 4 | Alliant Bank | 1 | 6.7% | $757K | |
| 5 | First Mid Bank & Trust, National Association | 1 | 6.7% | $713K |
Top franchise brands
No franchise brands recorded in this combination.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsFree consultation. All 50 states.
Questions buyers ask
How much do SBA loans for Car Washes acquisitions in Missouri run?
The median SBA 7(a) loan was $497,000 across 15 loans (FY2018 to FY2026). The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Car Washes acquisitions in Missouri?
American Bank of Freedom (4), The Huntington National Bank (2), UMB Bank, National Association (2), Alliant Bank (1), First Mid Bank & Trust, National Association (1).
How often do Car Washes acquisition loans fail in Missouri?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Car Washes acquisitions in Missouri?
None of the 15 loans in this combination were recorded with a franchise brand.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Missouri acquisitions
- Financing one? How to get an SBA loan to buy a car wash
- Car Washes nationally
- Car Washes in Texas
- Car Washes in California
- Car Washes in Georgia
- Car Washes in Michigan
- Car Washes in Colorado
- Car Washes in New Jersey
- Full-Service Restaurants in Missouri
- Hotels and Motels in Missouri
- Limited-Service Restaurants in Missouri
- General Automotive Repair in Missouri
- Plumbing, Heating, and Air-Conditioning Contractors in Missouri
- All Other Specialty Trade Contractors in Missouri
- Child Care Services in Missouri
- Fitness and Recreational Sports Centers in Missouri
Small samples move a lot: each loan in this combination is 7% of the count. Industry is the NAICS code the lender recorded. See the methodology.