Car Washes Business Loans

Looking for business loans for car washes? The SBA may be the answer. This $843,856 car washes loan was issued by an Alaska bank.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Alaska Growth Cap. Bidco Inc., out of Anchorage, Alaska. The loan was granted and they received $843,856 to help grow their Chugiak, Alaska business.

SBA Loan Borrower

COMPANY TYPE: CARWASHES
CHUGIAK, AK 99567

SBA Loan Lender

ALASKA GROWTH CAP. BIDCO INC.
3900 C STREET, SUITE 302
ANCHORAGE, AK 99503

This lender issued this business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7542 - Carwashes

NAICS Code

811192 - Car Washes

Loan Approval Date

8/11/2003

Loan Approval Gross Amount

$843,856

Loan Approval from the SBA

Of the total $843,856 loan amount, the SBA guaranteed $632,892.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This SBA loan was for $843,856. How would you spend $843,856 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

The Art of Bootstrapping

SBA Approved Banks in Anchorage, Alaska

Getting an SBA Loan in Alaska