Home MarketsMaryland Local market
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.
- 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
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Hanmi Bank | 4 | 80% | $2.9M | $11.7M |
| 2 | Stone Bank | 1 | 20% | $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
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.