SBA lending record
JK Wave Inc
486 494 BELMONT AVE, Springfield, MA · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.2M
Total SBA financing
1
Loan on record
FY2021
On record
2
Jobs supported
Is JK Wave Inc your business?
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The loan
$1,230,000 — FY2021
- Gross approval
- $1,230,000
- SBA guaranteed
- $1,107,000 (90%)
- Status
- Paid in full
- Rate at approval
- 4.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/12/2021
- First disbursement
- 8/31/2021
- Days to fund
- 19 days
- Paid in full
- 12/31/2022
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Coin-Operated Laundries and Drycleaners
- NAICS code
- 812310
- Lender
- New Millennium Bank
- Address
- 486 494 BELMONT AVE
- City
- Springfield
- County
- Hampden
- SBA district office
- SPRINGFIELD BRANCH OFFICE
- Congressional district
- 1
The lender
Find SBA lenders for businesses like this
The banks most active funding coin-operated laundries and drycleaners — by location, industry.
Similar businesses
Comparable coin-operated laundries and drycleaners in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Laundry Holdings Inc
Springfield, MA· ~1 mi
Coin-Operated Laundries and Drycleaners
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
C&J Cleaning Solutions, LLC
Holyoke, MA· ~8 mi
Coin-Operated Laundries and Drycleaners
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
Let's Go Laundry!, Inc.
Amherst, MA· ~20 mi
Coin-Operated Laundries and Drycleaners
- $760K
- SBA financing
- ≈ $1.5M–$2.5M
- Est. revenue (rough)
Happy Wash LLC
Haverhill, MA· ~90 mi
Coin-Operated Laundries and Drycleaners
- $900K
- SBA financing
- ≈ $1.8M–$2.9M
- Est. revenue (rough)
Laundry Central Inc
Westfield, MA· ~10 mi
Coin-Operated Laundries and Drycleaners
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
J & W Laundromats Inc.
North Attleboro, MA· ~65 mi
Coin-Operated Laundries and Drycleaners
- $585K
- SBA financing
- ≈ $1.1M–$1.9M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for JK Wave Inc in Springfield, MA (Coin-Operated Laundries and Drycleaners). 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.
- 1 SBA 7(a) loan totaling $1.2M
- On record FY2021
- 2 jobs supported
- Industry: Coin-Operated Laundries and Drycleaners
- Location: Springfield, MA
- Lender: New Millennium Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Coin-Operated Laundries and Drycleaners businesses in MA for ~$1.2M 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 2026-06-17.
- 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 JK Wave Inc 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 JK Wave Inc.