SBA lending record
The Laundry Station LLC
200 N. Washington St, Hale, MI 48739 · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$405K
Total SBA financing
1
Loan on record
FY2025
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is The Laundry Station LLC your business?
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The loan
$405,000 — FY2025
- Gross approval
- $405,000
- SBA guaranteed
- $303,750 (75%)
- Status
- Current
- Rate at approval
- 7.25% f
- Term
- 300 mo (25 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/28/2025
- First disbursement
- 5/7/2025
- Days to fund
- 9 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Coin-Operated Laundries and Drycleaners
- NAICS code
- 812310
- Address
- 200 N. Washington St
- City
- Hale, 48739
- County
- Iosco
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 4
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.
2BACLOP, LLC
Cadillac, MI· ~79 mi
Coin-Operated Laundries and Drycleaners
- $622K
- SBA financing
- ≈ $1.2M–$2.0M
- Est. revenue (rough)
New Wave Laundry
Sterling Heights, MI· ~128 mi
Coin-Operated Laundries and Drycleaners
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
R7 Laundry LLC
Pontiac, MI· ~123 mi
Coin-Operated Laundries and Drycleaners
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
Retail Dry Cleaning and Laundry Services of Michigan, Inc.
Portage, MI· ~176 mi
Coin-Operated Laundries and Drycleaners
- $490K
- SBA financing
- ≈ $961K–$1.6M
- Est. revenue (rough)
1211 Indiana Laundromat LLC
Sheboygan, WI· ~199 mi
Coin-Operated Laundries and Drycleaners
- $506K
- SBA financing
- ≈ $993K–$1.7M
- Est. revenue (rough)
Apartment Laundry LLC
Franksville, WI· ~237 mi
Coin-Operated Laundries and Drycleaners
- $521K
- SBA financing
- ≈ $1.0M–$1.7M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for The Laundry Station LLC in Hale, MI (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 $405K
- On record FY2025
- 2 jobs supported
- Industry: Coin-Operated Laundries and Drycleaners
- Location: Hale, MI
- Lender: Michigan Schools and Government Credit Union
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 MI for ~$405k 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 2026-06-20.
- 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 The Laundry Station 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 The Laundry Station LLC.