iShine Express Car Wash & Detail
2
SBA Loans
$2.4M
Total Financed
$1.2M
Avg Loan Size
—
YoY Loan Growth
How iShine Express Car Wash & Detail Compares
- Ranks #73 of 125 Automotive Services brands by SBA loan count (#1,999 of 3,543 overall).
- Its average loan of $1.2M is 168% above the Automotive Services median of $453K.
- With only 2 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 | 2 | $2.4M |
FY2020 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where iShine Express Car Wash & Detail Is Getting SBA-Financed
Recent SBA-Financed iShine Express Car Wash & Detail Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is iShine Express Car Wash & Detail growing or shrinking?
iShine Express Car Wash & Detail doesn't have enough SBA loan activity in both FY2019 and FY2020 to calculate a reliable year-over-year trend. For context, it ranks #73 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 iShine Express Car Wash & Detail 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 $1.2M (168% 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 iShine Express Car Wash & Detail?
iShine Express Car Wash & Detail only has 2 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
- Texas First Bank1
- Ameris Bank1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset