SBA lending record
1937 CORPORATION
10116 PACIFIC AVE, Franklin Park, IL 60131 · Drycleaning and Laundry Services (except Coin-Operated). The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.1M
Total SBA financing
5
Loans on record
FY2024–26
On record
129
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is 1937 CORPORATION your business?
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All 5 loans
$600,000 — FY2026
Loan 1 of 5- Gross approval
- $600,000
- SBA guaranteed
- $450,000 (75%)
- Status
- Current
- Rate at approval
- 6.68% f
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/9/2025
- First disbursement
- 12/15/2025
- Days to fund
- 6 days
- Collateral
- Required
- Jobs supported
- 48
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
- NAICS code
- 812320
- Address
- 10116 PACIFIC AVE
- City
- Franklin Park, 60131
- County
- Cook
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 5
$368,000 — FY2025
Loan 2 of 5- Gross approval
- $368,000
- SBA guaranteed
- $276,000 (75%)
- Status
- Current
- Rate at approval
- 7.66% f
- Term
- 90 mo (8 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/20/2024
- First disbursement
- 2/7/2025
- Days to fund
- 49 days
- Collateral
- Required
- Jobs supported
- 36
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
- NAICS code
- 812320
- Address
- 10116 Pacific Ave
- City
- Franklin Park, 60131
- County
- Cook
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 5
$243,300 — FY2024
Loan 3 of 5- Gross approval
- $243,300
- SBA guaranteed
- $182,475 (75%)
- Status
- Current
- Rate at approval
- 7.33% f
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/13/2024
- First disbursement
- 3/20/2024
- Days to fund
- 7 days
- Collateral
- Required
- Jobs supported
- 19
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
- NAICS code
- 812320
- Address
- 10116 PACIFIC AVE
- City
- Franklin Park, 60131
- County
- Cook
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 5
$807,400 — FY2024
Loan 4 of 5- Gross approval
- $807,400
- SBA guaranteed
- $605,550 (75%)
- Status
- Current
- Rate at approval
- 7.33% f
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/12/2023
- First disbursement
- 11/6/2023
- Days to fund
- 25 days
- Collateral
- Required
- Jobs supported
- 13
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
- NAICS code
- 812320
- Address
- 10116 PACIFIC AVE
- City
- Franklin Park, 60131
- County
- Cook
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 5
$100,000 — FY2024
Loan 5 of 5- Gross approval
- $100,000
- SBA guaranteed
- $50,000 (50%)
- Status
- Current
- Rate at approval
- 8.5% v
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/12/2023
- First disbursement
- 11/6/2023
- Days to fund
- 25 days
- Collateral
- Required
- Jobs supported
- 13
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
- NAICS code
- 812320
- Address
- 10116 PACIFIC AVE
- City
- Franklin Park, 60131
- County
- Cook
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 5
The lender
Find SBA lenders for businesses like this
The banks most active funding drycleaning and laundry services (except coin-operated) — by location, industry.
Similar businesses
Comparable drycleaning and laundry services (except coin-operated) in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
5632 Northwest Hwy LLC
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Drycleaning and Laundry Services (except Coin-Operated)
- $2.0M
- SBA financing
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- Est. revenue (rough)
3305 Harrison LLC
Chicago, IL· ~10 mi
Drycleaning and Laundry Services (except Coin-Operated)
- $2.5M
- SBA financing
- ≈ $4.8M–$8.1M
- Est. revenue (rough)
INVERNESS DRY CLEANING INC.
Palatine, IL· ~15 mi
Drycleaning and Laundry Services (except Coin-Operated)
- $1.1M
- SBA financing
- ≈ $2.1M–$3.5M
- Est. revenue (rough)
Deerfield #37 INC.
Deerfield, IL· ~15 mi
CD One Price Cleaners
- $1.3M
- SBA financing
- ≈ $2.5M–$4.2M
- Est. revenue (rough)
PRIDE LAUNDRY SERVICES INC.
Glen Ellyn, IL· ~10 mi
Drycleaning and Laundry Services (except Coin-Operated)
- $630K
- SBA financing
- ≈ $1.2M–$2.1M
- Est. revenue (rough)
Eco Brite Linens, LLC
Skokie, IL· ~10 mi
Drycleaning and Laundry Services (except Coin-Operated)
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for 1937 CORPORATION in Franklin Park, IL (Drycleaning and Laundry Services (except Coin-Operated)). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 5 SBA 7(a) loans totaling $2.1M
- On record FY2024–26
- 129 jobs supported
- Industry: Drycleaning and Laundry Services (except Coin-Operated)
- Location: Franklin Park, IL
- Lender: State Bank of the Lakes, National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Drycleaning and Laundry Services (except Coin-Operated) businesses in IL for ~$424k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-23.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
Is 1937 CORPORATION your business?
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with 1937 CORPORATION.