Lender intelligence
Financing a car washes acquisition in Illinois
The SBA 7(a) lenders funding the most car washes acquisitions in Illinois, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in car washes · Illinois
Ranked by funded car washes acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.83 loans · $143M · Los Angeles, CAFull record →
- 2.242 loans · $281M · Chicago, ILFull record →
- 3.32 loans · $54M · Houston, TXFull record →
- 4.2,539 loans · $965M · Columbus, OHFull record →
- 5.2 loans · $0M · Sterling, ILFull record →
- 6.101 loans · $81M · Pasadena, CAFull record →
10+ funded Car Washes in Illinois deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Gleam and Go, Inc. in Crystal Lake, IL — $743K (2025) · purchase · Southwestern National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $557K (75%)
- Approval → funding
- 19 days
- Approved
- 3/19/2025
- First disbursed
- 4/7/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $826K
- Est. down payment (10%)
- $83K
- Est. cash at closing
- $113K
- Monthly payment
- $5,983
- Annual debt service
- $72K
- Cash flow needed (1.25×)
- $90K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Southwestern National Bank · Lender record →
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- SSS Rochelle Car Wash LLC in Rochelle, IL — $585K (2025) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $439K (75%)
- Approval → funding
- 2 days
- Approved
- 6/11/2025
- First disbursed
- 6/13/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $650K
- Est. down payment (10%)
- $65K
- Est. cash at closing
- $87K
- Monthly payment
- $7,812
- Annual debt service
- $94K
- Cash flow needed (1.25×)
- $117K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
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- Shir Enterprises, Inc. in Mchenry, IL — $581K (2025) · purchase · Open Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $436K (75%)
- Approval → funding
- 30 days
- Approved
- 1/28/2025
- First disbursed
- 2/27/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 1
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $646K
- Est. down payment (10%)
- $65K
- Est. cash at closing
- $86K
- Monthly payment
- $4,678
- Annual debt service
- $56K
- Cash flow needed (1.25×)
- $70K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Open Bank · Lender record →
Your business? Claim this record · Request removal
- In N Out Car Wash (East) LLC in Chicago, IL — $534K (2025) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $401K (75%)
- Approval → funding
- 15 days
- Approved
- 9/29/2025
- First disbursed
- 10/14/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $593K
- Est. down payment (10%)
- $59K
- Est. cash at closing
- $79K
- Monthly payment
- $4,666
- Annual debt service
- $56K
- Cash flow needed (1.25×)
- $70K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- DTJO Co in Downers Grove, IL — $500K (2024) · purchase · Sterling Federal Bank, F.S.B.
- Program
- 7a General
- Rate at approval
- 11% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $375K (75%)
- Approval → funding
- 57 days
- Approved
- 5/2/2024
- First disbursed
- 6/28/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 16
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $556K
- Est. down payment (10%)
- $56K
- Est. cash at closing
- $74K
- Monthly payment
- $6,888
- Annual debt service
- $83K
- Cash flow needed (1.25×)
- $103K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Sterling Federal Bank, F.S.B. · Lender record →
Your business? Claim this record · Request removal
- SPLISH SPLASH CAR WASH CO. in Prospect Heights, IL — $695K (2023) · purchase · East West Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $521K (75%)
- Approved
- 2/2/2023
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $772K
- Est. down payment (10%)
- $77K
- Est. cash at closing
- $103K
- Monthly payment
- $5,714
- Annual debt service
- $69K
- Cash flow needed (1.25×)
- $86K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by East West Bank · Lender record →
Your business? Claim this record · Request removal
- Wellie Wash, LLC in Lockport, IL — $4.2M (2022) · purchase · Hinsdale Bank & Trust Company, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 5.3% fixed
- Term
- 180 mo (15 yrs)
- SBA guaranteed
- $3.2M (75%)
- Approval → funding
- 2 days
- Approved
- 8/31/2022
- First disbursed
- 9/2/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 11
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $4.7M
- Est. down payment (10%)
- $471K
- Est. cash at closing
- $651K
- Monthly payment
- $34,196
- Annual debt service
- $410K
- Cash flow needed (1.25×)
- $513K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Hinsdale Bank & Trust Company, National Association · Lender record →
Your business? Claim this record · Request removal
- Suleshwari Glendale Property LLC in Schaumburg, IL — $1.9M (2021) · purchase · Merchants Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 4.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.8M (90%)
- Approval → funding
- 14 days
- Approved
- 8/31/2021
- First disbursed
- 9/14/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $2.2M
- Est. down payment (10%)
- $216K
- Est. cash at closing
- $297K
- Monthly payment
- $11,089
- Annual debt service
- $133K
- Cash flow needed (1.25×)
- $166K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
- Epic Property Holdings LLC in Bloomingdale, IL — $1.3M (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.1M (90%)
- Approval → funding
- 42 days
- Approved
- 8/9/2021
- First disbursed
- 9/20/2021
- Loan status
- Paid in full (8/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $141K
- Est. cash at closing
- $193K
- Monthly payment
- $8,176
- Annual debt service
- $98K
- Cash flow needed (1.25×)
- $123K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- AMRO 5285 LLC in Chicago, IL — $1.2M (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.1M (90%)
- Approval → funding
- 3 days
- Approved
- 4/27/2021
- First disbursed
- 4/30/2021
- Loan status
- Paid in full (8/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Car Washes
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $137K
- Est. cash at closing
- $187K
- Monthly payment
- $7,365
- Annual debt service
- $88K
- Cash flow needed (1.25×)
- $110K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to car washes businesses with a Illinois project address.
Agent summary
How to finance a car washes acquisition in Illinois with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Illinois deals. Open Bank funds the most here. DealRoom is not a lender.
- $1.6M typical loan
- 8 lenders active in Illinois
- 10+ funded Illinois deals
- 15 days typical to fund
Buyers buying a car washes in Illinois typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.