Tommy's Express Car Wash
14
SBA Loans
$45.0M
Total Financed
$3.2M
Avg Loan Size
—
YoY Loan Growth
How Tommy's Express Car Wash Compares
- Ranks #28 of 125 Automotive Services brands by SBA loan count (#689 of 3,543 overall).
- Its average loan of $3.2M is 609% above the Automotive Services median of $453K.
- With only 14 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Automotive Services brands overall see a 1.5% charge-off rate across 1,424 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 3 | $14.0M |
| FY2021 | 4 | $14.2M |
| FY2022 | 1 | $5.0M |
| FY2023 | 1 | $885K |
| FY2024 | 3 | $5.5M |
| FY2025 | 2 | $5.3M |
FY2025 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Tommy's Express Car Wash Is Getting SBA-Financed
Recent SBA-Financed Tommy's Express Car Wash Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Tommy's Express Car Wash growing or shrinking?
Tommy's Express Car Wash doesn't have enough SBA loan activity in both FY2024 and FY2025 to calculate a reliable year-over-year trend. For context, it ranks #28 of 125 Automotive Services brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Tommy's Express Car Wash franchise?
We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $3.2M (609% above the typical Automotive Services brand's $453K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Tommy's Express Car Wash?
Tommy's Express Car Wash only has 14 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Automotive Services brands overall see a 1.5% charge-off rate across 1,424 loans.
Top SBA Lenders
- Celtic Bank Corporation3
- Old National Bank2
- The Bank of Elk River2
- Live Oak Banking Company2
- US Eagle FCU1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset