SBA lending record
SCHWEGMAN'S CLEANERS LLLP
108 Minnesota Ave SW, Willmar, MN 56201 · 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.
$268K
Total SBA financing
1
Loan on record
FY2022
On record
44
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$267,500 — FY2022
- Gross approval
- $267,500
- SBA guaranteed
- $200,625 (75%)
- Status
- Current
- Rate at approval
- 5% v
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/28/2022
- First disbursement
- 3/31/2022
- Days to fund
- 3 days
- Collateral
- Required
- Jobs supported
- 44
- Business type
- Partnership
- Business age
- Existing or more than 2 years old
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
- NAICS code
- 812320
- Lender
- Lake Region Bank
- Address
- 108 Minnesota Ave SW
- City
- Willmar, 56201
- County
- Kandiyohi
- SBA district office
- MINNESOTA DISTRICT OFFICE
- Congressional district
- 7
The lender
Lake Region Bank
1 loan to this businessFind 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.
J&J Industrial Laundry Co.
Willmar, MN· ~1 mi
Drycleaning and Laundry Services (except Coin-Operated)
- $72K
- SBA financing
- ≈ $141K–$235K
- Est. revenue (rough)
Marshal Cleaning Service LLC
Marshall, MN· ~58 mi
Drycleaning and Laundry Services (except Coin-Operated)
- $325K
- SBA financing
- ≈ $637K–$1.1M
- Est. revenue (rough)
Pilgrim Facility Services Inc
Brooklyn Park, MN· ~84 mi
Drycleaning and Laundry Services (except Coin-Operated)
- $447K
- SBA financing
- ≈ $876K–$1.5M
- Est. revenue (rough)
H2O Enterprises, LLC
Minneapolis, MN· ~88 mi
Drycleaning and Laundry Services (except Coin-Operated)
- $375K
- SBA financing
- ≈ $735K–$1.2M
- Est. revenue (rough)
Cass Lake Laundry, LLC
Cass Lake, MN· ~154 mi
Drycleaning and Laundry Services (except Coin-Operated)
- $339K
- SBA financing
- ≈ $665K–$1.1M
- Est. revenue (rough)
Wayne's World, LLC
Richfield, MN· ~86 mi
Drycleaning and Laundry Services (except Coin-Operated)
- $500K
- SBA financing
- ≈ $979K–$1.6M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for SCHWEGMAN'S CLEANERS LLLP in Willmar, MN (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.
- 1 SBA 7(a) loan totaling $268K
- On record FY2022
- 44 jobs supported
- Industry: Drycleaning and Laundry Services (except Coin-Operated)
- Location: Willmar, MN
- Lender: Lake Region Bank
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 MN for ~$268k 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 2026-06-24.
- 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 SCHWEGMAN'S CLEANERS LLLP 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 SCHWEGMAN'S CLEANERS LLLP.