SBA lending record
Laundromates, LLC
1604 S 4th St, Allentown, PA 18103 · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$375K
Total SBA financing
2
Loans on record
FY2024
On record
4
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$150,000 — FY2024
Loan 1 of 2- Gross approval
- $150,000
- SBA guaranteed
- $127,500 (85%)
- Status
- Current
- Rate at approval
- 11.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/29/2024
- First disbursement
- 7/17/2024
- Days to fund
- 79 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Coin-Operated Laundries and Drycleaners
- NAICS code
- 812310
- Address
- 1604 S 4th St
- City
- Allentown, 18103
- County
- Lehigh
- SBA district office
- PHILADELPHIA DISTRICT OFFICE
- Congressional district
- 7
$225,000 — FY2024
Loan 2 of 2- Gross approval
- $225,000
- SBA guaranteed
- $168,750 (75%)
- Status
- Cancelled
- Rate at approval
- 11.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/13/2024
- 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
- Address
- 108 N Reading Rd
- City
- Ephrata, 17522
- County
- Lancaster
- SBA district office
- PHILADELPHIA DISTRICT OFFICE
- Congressional district
- 11
The lender
Newtek Bank, National Association
2 loans to this businessFull SBA lending record + branches on the lender page →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.
SMDMM Enterprises LLC
Bethlehem, PA· ~8 mi
Coin-Operated Laundries and Drycleaners
- $232K
- SBA financing
- ≈ $455K–$758K
- Est. revenue (rough)
The Laundry Lab Easton LLC
Easton, PA· ~13 mi
Coin-Operated Laundries and Drycleaners
- $648K
- SBA financing
- ≈ $1.3M–$2.1M
- Est. revenue (rough)
Sanu Inc.
Reading, PA· ~30 mi
Coin-Operated Laundries and Drycleaners
- $320K
- SBA financing
- ≈ $627K–$1.0M
- Est. revenue (rough)
The Button Men, LLC
Warminster, PA· ~32 mi
ZIPS Cleaners (formally ZIPS Dry Cleaners)
- $414K
- SBA financing
- ≈ $813K–$1.4M
- Est. revenue (rough)
Kensington Laundromat, LLC
Philadelphia, PA· ~45 mi
Coin-Operated Laundries and Drycleaners
- $388K
- SBA financing
- ≈ $761K–$1.3M
- Est. revenue (rough)
Back Bay Investments, LLC
Blakeslee, PA· ~34 mi
Coin-Operated Laundries and Drycleaners
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Laundromates, LLC in Allentown, PA (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.
- 2 SBA 7(a) loans totaling $375K
- On record FY2024
- 4 jobs supported
- Industry: Coin-Operated Laundries and Drycleaners
- Location: Allentown, PA
- Lender: Newtek Bank, National Association
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 PA for ~$188k 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.
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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 Laundromates, LLC.