SBA lending record
Suds More Laundromat
4100 RANDOLPH RD, Silver Spring, MD 20906 · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
1
Loan on record
FY2025
On record
5
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Suds More Laundromat your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$5,000,000 — FY2025
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Current
- Rate at approval
- 8.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 1/24/2025
- First disbursement
- 1/31/2025
- Days to fund
- 7 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 5
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Coin-Operated Laundries and Drycleaners
- NAICS code
- 812310
- Lender
- Hanmi Bank
- Address
- 4100 RANDOLPH RD
- City
- Silver Spring, 20906
- County
- Montgomery
- SBA district office
- WASHINGTON DISTRICT OFFICE
- Congressional district
- 3
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.
Masent LLC
Silver Spring, MD· ~6 mi
Coin-Operated Laundries and Drycleaners
- $3.4M
- SBA financing
- ≈ $6.6M–$11M
- Est. revenue (rough)
Forest Laundromat, Inc.
Hyattsville, MD· ~7 mi
Coin-Operated Laundries and Drycleaners
- $3.0M
- SBA financing
- ≈ $5.9M–$9.8M
- Est. revenue (rough)
Columbia Heights Laundromat, LLC
Washington, DC· ~9 mi
Coin-Operated Laundries and Drycleaners
- $3.3M
- SBA financing
- ≈ $6.4M–$11M
- Est. revenue (rough)
Addison Laundromat, LLC
Capitol Heights, MD· ~15 mi
Coin-Operated Laundries and Drycleaners
- $2.7M
- SBA financing
- ≈ $5.2M–$8.7M
- Est. revenue (rough)
Prolaundry Corporation
Capitol Heights, MD· ~15 mi
Coin-Operated Laundries and Drycleaners
- $1.3M
- SBA financing
- ≈ $2.6M–$4.3M
- Est. revenue (rough)
Soap & Bubbles Inc
Laurel, MD· ~13 mi
Coin-Operated Laundries and Drycleaners
- $1.2M
- SBA financing
- ≈ $2.4M–$3.9M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Suds More Laundromat in Silver Spring, MD (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 $5.0M
- On record FY2025
- 5 jobs supported
- Industry: Coin-Operated Laundries and Drycleaners
- Location: Silver Spring, MD
- Lender: Hanmi 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 MD for ~$5.0M 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 Suds More Laundromat your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
Use this deal in ChatGPT
Ask ChatGPT to analyze this business with Capbench's SBA loan records, lender-fit data, and buyer prequalification tools.
ChatGPT will ask you to connect Capbench if you have not already approved it.
CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Suds More Laundromat.