SBA lending record
Shea Laundry, LLC
82 DERBY ST, Salem, 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.
$117K
Total SBA financing
1
Loan on record
FY2022
On record
6
Jobs supported
Is Shea Laundry, LLC your business?
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The loan
$117,000 — FY2022
- Gross approval
- $117,000
- SBA guaranteed
- $99,450 (85%)
- Status
- Current
- Rate at approval
- 6.25% f
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 6/23/2022
- First disbursement
- 6/28/2022
- Days to fund
- 5 days
- Collateral
- Required
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Coin-Operated Laundries and Drycleaners
- NAICS code
- 812310
- Address
- 82 DERBY ST
- City
- Salem
- County
- Essex
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 6
The lender
Salem Five Cents Savings Bank
1 loan 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.
LML Green Dry Cleaning, LLC
Wilmington, MA· ~15 mi
Lapels
- $125K
- SBA financing
- ≈ $245K–$408K
- Est. revenue (rough)
Dr. Clean Laundry LLC
Brighton, MA· ~18 mi
Coin-Operated Laundries and Drycleaners
- $141K
- SBA financing
- ≈ $277K–$462K
- Est. revenue (rough)
AME Laundry LLC
Lawrence, MA· ~18 mi
Coin-Operated Laundries and Drycleaners
- $200K
- SBA financing
- ≈ $392K–$654K
- Est. revenue (rough)
Howard Laundromat Corporation
Lawrence, MA· ~20 mi
Coin-Operated Laundries and Drycleaners
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
CAVI LLC
New Bedford, MA
Coin-Operated Laundries and Drycleaners
- $83K
- SBA financing
- ≈ $162K–$270K
- Est. revenue (rough)
Hazel Corp
Canton, MA· ~30 mi
Coin-Operated Laundries and Drycleaners
- $308K
- SBA financing
- ≈ $604K–$1.0M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Shea Laundry, LLC in Salem, 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 $117K
- On record FY2022
- 6 jobs supported
- Industry: Coin-Operated Laundries and Drycleaners
- Location: Salem, MA
- Lender: Salem Five Cents Savings 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 ~$117k 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 Shea 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 Shea Laundry, LLC.