SBA lending record
Legacy Laundry LLC
161 EAST FRONT ST, Plainfield, NJ · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$700K
Total SBA financing
1
Loan on record
FY2025
On record
5
Jobs supported
Is Legacy Laundry LLC your business?
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The loan
$700,000 — FY2025
- Gross approval
- $700,000
- SBA guaranteed
- $525,000 (75%)
- Status
- Cancelled
- Rate at approval
- 9.5% v
- Term
- 126 mo (11 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/18/2025
- Collateral
- Required
- Jobs supported
- 5
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Coin-Operated Laundries and Drycleaners
- NAICS code
- 812310
- Lender
- Coastal States Bank
- Address
- 161 EAST FRONT ST
- City
- Plainfield
- County
- Union
- SBA district office
- NEW JERSEY DISTRICT OFFICE
- Congressional district
- 6
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.
E&L LAUNDROMAT INC
Plainfield, NJ· ~0 mi
Coin-Operated Laundries and Drycleaners
- $800K
- SBA financing
- ≈ $1.6M–$2.6M
- Est. revenue (rough)
LAUNDROMAT 4 LESS LLC
Belleville, NJ· ~17 mi
Coin-Operated Laundries and Drycleaners
- $1.2M
- SBA financing
- ≈ $2.4M–$4.0M
- Est. revenue (rough)
BELLEVILLE LAUNDROMAT LLC
Belleville, NJ· ~18 mi
Coin-Operated Laundries and Drycleaners
- $1.5M
- SBA financing
- ≈ $3.0M–$5.0M
- Est. revenue (rough)
LavoLaundry Inc.
Montclair, NJ· ~17 mi
Coin-Operated Laundries and Drycleaners
- $400K
- SBA financing
- ≈ $784K–$1.3M
- Est. revenue (rough)
MK Hydrotech Inc
Paterson, NJ· ~25 mi
Coin-Operated Laundries and Drycleaners
- $1.2M
- SBA financing
- ≈ $2.4M–$3.9M
- Est. revenue (rough)
EZCLEAN LAUNDROMAT LLC
Somerset, NJ· ~10 mi
Coin-Operated Laundries and Drycleaners
- $280K
- SBA financing
- ≈ $549K–$915K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Legacy Laundry LLC in Plainfield, NJ (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 $700K
- On record FY2025
- 5 jobs supported
- Industry: Coin-Operated Laundries and Drycleaners
- Location: Plainfield, NJ
- Lender: Coastal States 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 NJ for ~$700k 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 Legacy Laundry LLC 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 Legacy Laundry LLC.