SBA Loans for Tommy's Express Car Wash Franchises
Who actually funds Tommy's Express Car Wash SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2025.
Top lenders funding Tommy's Express Car Wash SBA loans
Ranked by number of Tommy's Express Car Wash 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Celtic Bank Corporation | 2 | $9.3M | $4.6M |
| 1 | Live Oak Banking Company | 2 | $5.3M | $2.6M |
| 1 | The Bank of Elk River | 2 | $500K | $250K |
| 4 | Prosperity Bank | 1 | $271K | $271K |
| 4 | Nicolet National Bank | 1 | $885K | $885K |
| 4 | United Business Bank | 1 | $5.0M | $5.0M |
| 4 | First Bank of the Lake | 1 | $5.0M | $5.0M |
| 4 | Old National Bank | 1 | $4.7M | $4.7M |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2025. Shows lenders with at least one approved Tommy's Express Car Wash loan in this period, ranked by loan count.
Tommy's Express Car Wash SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| MI | 2 | $9.7M | $4.8M |
| AL | 1 | $5.0M | $5.0M |
| CA | 1 | $5.0M | $5.0M |
| FL | 1 | $5.0M | $5.0M |
| WI | 1 | $4.3M | $4.3M |
| MN | 3 | $1.4M | $462K |
| OR | 1 | $300K | $300K |
| TX | 1 | $271K | $271K |
Tommy's Express Car Wash SBA loans by year
How Tommy's Express Car Wash SBA loans have performed
Outcomes for every funded Tommy's Express Car Wash 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.
Source: SBA FOIA 7(a) loan-level data. Defaulted means the SBA purchased the guaranty (charged off, or purchased and not yet charged off). Recent loans have had less time to default, and small loan counts swing widely, so one or two loans can move these percentages a lot.
SBA lender notes for Tommy's Express Car Washfrom the SBA Franchise Directory
1. When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Collateral Lease Assignment and Landlord's Consent may not be executed. 2. Lender/CDC must obtain the correct lien position on all collateral as required pursuant to the SOP 50 10.
How to use this
The lenders above have actually closed SBA 7(a) loans for Tommy's Express Car Wash franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.
A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in, and we match your Tommy's Express Car Wash deal to a lender currently funding this brand.
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