Acquisition Lender Index

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Car Washes: SBA acquisition loans in Maryland

5 SBA-financed business acquisitions in Maryland classified as Car Washes, FY2024–FY2026. Median loan $2.7M. See which lenders did them.

SBA 7(a) change-of-ownership approvals · FY2024–FY2026 · Data through September 30, 2026

Acquisitions financed
5
Total approved
$13.5M
Median loan
$2.7M
Middle half of loans
$2.0M to $3.2M
Median starting rate
8.00%
Median term
25 yrs

How to interpret this profile and build a shortlist →

Small sample. This local profile has 5 recorded approvals in FY2024–FY2026. For a broader comparison, open the Maryland state profile or the national industry profile.

Lenders that financed these deals

#LenderLoansShareMedian loanTotal approved
1 Hanmi Bank 480%$2.9M$11.7M
2 Stone Bank 120%$1.8M$1.8M

For comparison, the same industry nationwide: 126 loans, median $1.1M, median starting rate 9.00%. See Car Washes in every state.

Deals by SBA fiscal year

FY20191 loans, $1.7M
FY20201 loans, $2.5M
FY20213 loans, $5.4M
FY20251 loans, $3.2M
FY20264 loans, $10.3M

Reading these numbers

The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.