SBA 504 Car Wash Loan Data
Explore SBA 504 loan volume, funding totals, average deal size, regional trends, and lender activity for car wash businesses in the USA.
This report helps car wash owners understand how SBA 504 financing is being used across the industry.
SBA 504 Car Wash Loan Summary
NAICS 811192 • FY2023–FY2026 (as of 12/31/2025) • Source: SBA FOIA Data
At a Glance
|
316
Total Loans
|
$1.17B
Total Funded
|
$3.70M
Avg Total Funding
|
$3.43M
Median Funding
|
Volume by Fiscal Year
| Fiscal Year | Loans | SBA 504 (Gross) | Third Party $ | Combined | Avg Deal Size |
|---|---|---|---|---|---|
| FY2023 | 90 | $130,827,000 | $203,158,560 | $333,985,560 | $3,710,951 |
| FY2024 | 119 | $163,438,000 | $255,252,823 | $418,690,823 | $3,518,410 |
| FY2025 | 99 | $150,904,000 | $239,998,295 | $390,902,295 | $3,948,508 |
| FY2026 (Q1 only) | 8 | $12,031,000 | $13,992,366 | $26,023,366 | $3,252,921 |
Volume by Region
| Region | Loans | % of Total | Combined $ | Avg Deal Size |
|---|---|---|---|---|
| South | 131 | 41.5% | $541,125,833 | $4,130,732 |
| West | 87 | 27.5% | $342,509,770 | $3,936,894 |
| Midwest | 65 | 20.6% | $201,951,848 | $3,106,952 |
| Northeast | 33 | 10.4% | $84,014,593 | $2,545,897 |
Top 10 States
| Rank | State | Loans | Combined $ | Avg Deal Size |
|---|---|---|---|---|
| 1 | Florida | 45 | $209,075,972 | $4,646,133 |
| 2 | Texas | 38 | $158,554,866 | $4,172,496 |
| 3 | California | 31 | $141,199,339 | $4,554,817 |
| 4 | Georgia | 20 | $66,345,249 | $3,317,262 |
| 5 | Arizona | 17 | $53,022,035 | $3,118,943 |
| 6 | Illinois | 13 | $48,374,820 | $3,721,140 |
| 7 | Colorado | 10 | $43,130,991 | $4,313,099 |
| 8 | Ohio | 10 | $34,391,162 | $3,439,116 |
| 9 | Minnesota | 9 | $34,572,450 | $3,841,383 |
| 10 | Utah | 7 | $18,039,209 | $2,577,030 |
Top 10 CDCs
| Rank | CDC Name | Loans | Combined $ | Avg Deal Size |
|---|---|---|---|---|
| 1 | Florida First Capital Finance | 29 | $149,952,276 | $5,170,768 |
| 2 | Florida Business Development C | 28 | $98,772,038 | $3,527,573 |
| 3 | Mortgage Capital Development C | 24 | $80,200,789 | $3,341,700 |
| 4 | Capital Certified Development | 17 | $65,883,772 | $3,875,516 |
| 5 | Mountain West Small Business F | 13 | $53,496,394 | $4,115,107 |
| 6 | LiftFund, Inc. | 12 | $51,947,008 | $4,328,917 |
| 7 | SomerCor 504, Inc. | 10 | $38,919,320 | $3,891,932 |
| 8 | New England Certified Developm | 9 | $16,681,796 | $1,853,533 |
| 9 | WBD, Inc. | 7 | $38,479,650 | $5,497,093 |
| 10 | B:Side Capital | 7 | $18,894,111 | $2,699,159 |
Top 10 Third Party Lenders
| Rank | Lender Name | Loans | TP Dollars | Combined $ |
|---|---|---|---|---|
| 1 | Celtic Bank Corporation | 17 | $57,540,979 | $93,952,979 |
| 2 | Zions Bank | 9 | $19,991,330 | $33,756,330 |
| 3 | Stearns Bank National Assoc. | 8 | $22,938,500 | $37,987,500 |
| 4 | Eastern Funding LLC | 7 | $18,410,618 | $29,967,618 |
| 5 | Fifth Third Bank | 6 | $20,661,600 | $32,535,600 |
| 6 | Live Oak Banking Company | 6 | $17,102,151 | $28,601,151 |
| 7 | Valley National Bank | 5 | $10,257,260 | $16,995,260 |
| 8 | Lake Michigan CU | 5 | $18,566,245 | $29,966,245 |
| 9 | ServisFirst Bank | 5 | $18,808,930 | $29,094,930 |
| 10 | FWBank | 5 | $7,278,400 | $12,376,400 |
Deal Size Distribution (Combined Funding)
| Size Bracket | Loans | % of Total | Distribution |
|---|---|---|---|
| Under $500K | 8 | 2.5% | |
| $500K – $1M | 37 | 11.7% | |
| $1M – $2M | 59 | 18.7% | |
| $2M – $5M | 121 | 38.3% | |
| $5M+ | 91 | 28.8% |
Data covers SBA 504 loans classified under NAICS 811192 (Car Washes). FY2026 reflects Q1 only (Oct–Dec 2025). Combined funding = Gross Approval + Third Party Dollars.