Coin-Operated Laundries and Drycleaners Loans
Looking for loans for coin-operated laundries and drycleaners? The SBA may be the answer. This $271,400 coin-operated laundries and drycleaners loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Prescott, Arizona was able to borrow $271,400 from Pacific Western Bank. The SBA made the loan possible by guaranteeing $203,550 of this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: COIN-OPERATED LAUNDRIES AND DRYCLEANERS
PRESCOTT, AZ 86314
SBA Loan Lender
PACIFIC WESTERN BANK
401 WEST A ST
SAN DIEGO, CA 92102
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812310 - Coin-Operated Laundries and Drycleaners
Loan Approval Date
4/10/2007
Loan Approval Gross Amount
$271,400
Loan Approval from the SBA
Of the total $271,400 loan amount, the SBA guaranteed $203,550.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
Advice on Getting a Small Business Loan
Find an SBA Lender in San Diego, California
SBA California Lenders