SBA lending record

SYRCO ENTERPRISES LLC

214 E Kemp Ave and, Watertown, SD 57201 · 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.

$1.8M

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$1,799,500 — FY2023

Gross approval: $1,799,500
SBA guaranteed: $1,349,625 (75%)
Status: Current
Rate at approval: 7.5% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 10/3/2022
First disbursement: 10/3/2022
Days to fund: 0 days
Collateral: Required
Jobs supported: 22
Business type: Corporation
Business age: Change of Ownership
Industry: Drycleaning and Laundry Services (except Coin-Operated)
NAICS code: 812320
Lender: First Bank & Trust
Address: 214 E Kemp Ave and
City: Watertown, 57201
County: Codington
SBA district office: SOUTH DAKOTA DISTRICT OFFICE
Congressional district: 0

The lender

First Bank & Trust

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 drycleaning and laundry services (except coin-operated) — by location, industry.

SBA lenders in South Dakota Lenders for drycleaning and laundry services (except coin-operated)Drycleaning and Laundry Services (except Coin-Operated) lenders in South Dakota

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.

Ndeon Corporation

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SBA financing: ≈ $1.9M–$3.1M
Est. revenue (rough)

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St. Croix Linen, LLC

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SBA financing: ≈ $4.8M–$8.1M
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The Wash

Pasco, WA· ~1071 mi

Drycleaning and Laundry Services (except Coin-Operated)

$2.4M
SBA financing: ≈ $4.6M–$7.7M
Est. revenue (rough)

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Band Box Clean, LLC

Tomah, WI· ~332 mi

Drycleaning and Laundry Services (except Coin-Operated)

$1.2M
SBA financing: ≈ $2.4M–$4.1M
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Irony, LLC

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MULBERRYS GARMENT CARE

$4.6M
SBA financing: ≈ $9.0M–$15M
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Marshal Cleaning Service LLC

Marshall, MN· ~73 mi

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$325K
SBA financing: ≈ $637K–$1.1M
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Agent summary

This page summarizes the public SBA 7(a) lending record for SYRCO ENTERPRISES LLC in Watertown, SD (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 $1.8M
On record FY2023
22 jobs supported
Industry: Drycleaning and Laundry Services (except Coin-Operated)
Location: Watertown, SD
Lender: First Bank & Trust

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 SD for ~$1.8M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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.
Canonical:: https://www.capbench.com/businesses/syrco-enterprises-llc-sd
API:: https://www.capbench.com/api/public/businesses/syrco-enterprises-llc-sd
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 SYRCO ENTERPRISES 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 SYRCO ENTERPRISES LLC.