SBA lending record
The Laundry Place, Inc.
1016 E COMPTON BLVD, Compton, CA 90221 · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.3M
Total SBA financing
2
Loans on record
FY2020–24
On record
7
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$350,000 — FY2024
Loan 1 of 2- Gross approval
- $350,000
- SBA guaranteed
- $262,500 (75%)
- Status
- Paid in full
- Rate at approval
- 13% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/18/2023
- First disbursement
- 10/26/2023
- Days to fund
- 8 days
- Paid in full
- 5/31/2025
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 3
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Coin-Operated Laundries and Drycleaners
- NAICS code
- 812310
- Address
- 1020 East Compton Boulevard
- City
- Compton, 90221
- County
- Los Angeles
- SBA district office
- LOS ANGELES DISTRICT OFFICE
- Congressional district
- 40
$976,500 — FY2020
Loan 2 of 2- Gross approval
- $976,500
- SBA guaranteed
- $732,375 (75%)
- Status
- Paid in full
- Rate at approval
- 5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 4/25/2020
- First disbursement
- 5/31/2020
- Days to fund
- 36 days
- Paid in full
- 5/31/2025
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 4
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Coin-Operated Laundries and Drycleaners
- NAICS code
- 812310
- Lender
- Hanmi Bank
- Address
- 1016 E COMPTON BLVD
- City
- Compton, 90221
- County
- Los Angeles
- SBA district office
- LOS ANGELES DISTRICT OFFICE
- Congressional district
- 40
The lenders
CDC Small Business Finance Corp.
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.
GOD BLESS B & J LLC
Compton, CA· ~1 mi
Coin-Operated Laundries and Drycleaners
- $1.4M
- SBA financing
- ≈ $2.8M–$4.7M
- Est. revenue (rough)
CleanWell - Family Laundry LLC
Los Angeles, CA· ~6 mi
Coin-Operated Laundries and Drycleaners
- $1.5M
- SBA financing
- ≈ $3.0M–$5.0M
- Est. revenue (rough)
Goldshine Waves LLC
Compton, CA· ~0 mi
Coin-Operated Laundries and Drycleaners
- $2.4M
- SBA financing
- ≈ $4.6M–$7.7M
- Est. revenue (rough)
Mi Kyung Choi
Los Angeles, CA· ~3 mi
Coin-Operated Laundries and Drycleaners
- $1.1M
- SBA financing
- ≈ $2.1M–$3.5M
- Est. revenue (rough)
Crystal Coin Laundry
Los Angeles, CA· ~5 mi
Coin-Operated Laundries and Drycleaners
- $1.8M
- SBA financing
- ≈ $3.6M–$6.0M
- Est. revenue (rough)
AVALON 3 LLC
Los Angeles, CA· ~3 mi
Coin-Operated Laundries and Drycleaners
- $2.0M
- SBA financing
- ≈ $3.9M–$6.5M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for The Laundry Place, Inc. in Compton, CA (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.
- 2 SBA 7(a) loans totaling $1.3M
- On record FY2020–24
- 7 jobs supported
- Industry: Coin-Operated Laundries and Drycleaners
- Location: Compton, CA
- Lenders: Hanmi Bank, CDC Small Business Finance Corp.
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 CA for ~$663k 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.
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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 The Laundry Place, Inc..