FRSTeam, by the numbers
FRSTeam appears in 6 SBA 7(a) loans since 2020 — from public SBA 7(a) loan records (FY2020–present). Every figure below comes from real financed deals: what buyers paid, where, and how the loans performed.
SBA Franchise Directory: listed ✓ (identifier S2433)
6 deals since 2020 · typical deal $459K
6
Deals since 2020
$459K
Typical deal
4
Deals since FY2025
—
Too few deals to score risk
What buyers pay for FRSTeam
Most FRSTeam deals financed between $300K and $1.01M. Above $1.01M, you're paying more than 75% of buyers did — make the seller earn it.
- Monthly payment (10-yr)
- $6,002
- Down payment (10%)
- $51K
- Cash to close (all-in)
- $68K
Estimates at today's rates and standard 7(a) terms. Not a loan offer.
Could you get the loan?
Three answers. No documents, no credit pull.
Credit score
Available cash (you'll need ~$68K)
Experience
Recent financings
- NORTH CAROLINA CARE LLC in Newton, NC — $1.0M (2026) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 8.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $761K (75%)
- Approval → funding
- 16 days
- Approved
- 12/29/2025
- First disbursed
- 1/14/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Remediation Services
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $113K
- Est. cash at closing
- $155K
- Monthly payment
- $12,585
- Annual debt service
- $151K
- Cash flow needed (1.25×)
- $189K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
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- NORTH CAROLINA CARE LLC in Newton, NC — $50K (2026) · purchase · Live Oak Banking Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $25K (50%)
- Approval → funding
- 16 days
- Approved
- 12/29/2025
- First disbursed
- 1/14/2026
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Remediation Services
If you were the buyer here
- Est. deal size
- $56K
- Est. down payment (10%)
- $6K
- Est. cash at closing
- $7K
- Monthly payment
- $620
- Annual debt service
- $7K
- Cash flow needed (1.25×)
- $9K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
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- O'Geen & Hew Holdings 1 LLC in Harrisonburg, VA — $3.1M (2025) · purchase · First Bank of the Lake
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.3M (75%)
- Approval → funding
- 44 days
- Approved
- 9/15/2025
- First disbursed
- 10/29/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Coin-Operated Laundries and Drycleaners
If you were the buyer here
- Est. deal size
- $3.5M
- Est. down payment (10%)
- $348K
- Est. cash at closing
- $481K
- Monthly payment
- $40,970
- Annual debt service
- $492K
- Cash flow needed (1.25×)
- $615K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Bank of the Lake · Lender record →
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- Southern Restoration LLC in Richmond, VA — $459K (2025) · First Business Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $344K (75%)
- Approval → funding
- 120 days
- Approved
- 9/29/2025
- First disbursed
- 1/27/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Other Personal and Household Goods Repair and Maintenance
Funded by First Business Bank · Lender record →
Your business? Claim this record · Request removal
- Restoration Services of West Michigan by Paris Cleaners, Inc. in Portage, MI — $350K (2024) · First National Bank of Michigan
- Program
- Preferred Lenders Program
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $263K (75%)
- Approval → funding
- 18 days
- Approved
- 8/16/2024
- First disbursed
- 9/3/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Existing or more than 2 years old
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
Funded by First National Bank of Michigan
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- Apple Cleaners Missouri, Inc. in East Saint Louis, IL — $300K (2022) · Bank of Springfield
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% fixed
- Term
- 240 mo (20 yrs)
- SBA guaranteed
- $225K (75%)
- Approval → funding
- 21 days
- Approved
- 7/20/2022
- First disbursed
- 8/10/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 30
- Business age
- Existing or more than 2 years old
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
Funded by Bank of Springfield · Lender record →
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Who funds FRSTeam — and where
Every dot is a financed FRSTeam — 6 mapped.
Financed FRSTeam locations — list all 6 as text
- Restoration Services of West Michigan by Paris Cleaners, Inc. — Portage · $350K · FY2024 · Drycleaning and Laundry Services (except Coin-Operated)
- O'Geen & Hew Holdings 1 LLC — Harrisonburg · $3.1M · FY2025 · Coin-Operated Laundries and Drycleaners
- Southern Restoration LLC — Richmond · $459K · FY2025 · Other Personal and Household Goods Repair and Maintenance
- NORTH CAROLINA CARE LLC — Newton · $50K · FY2026 · Remediation Services
- NORTH CAROLINA CARE LLC — Newton · $1.0M · FY2026 · Remediation Services
- Apple Cleaners Missouri, Inc. — East Saint Louis · $300K · FY2022 · Drycleaning and Laundry Services (except Coin-Operated)
Top lenders for this brand
1.Live Oak Banking Company(2)
- 2.First National Bank of Michigan (1)
3.First Bank of the Lake(1)
4.First Business Bank(1)
5.Bank of Springfield(1)
Most active states
- 1.Virginia (2 loans)FRSTeam lenders in Virginia->
- 2.North Carolina (2 loans)FRSTeam lenders in North Carolina->
- 3.Michigan (1 loans)FRSTeam lenders in Michigan->
- 4.Illinois (1 loans)FRSTeam lenders in Illinois->
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Common questions
How much does a FRSTeam cost to buy or open?
The typical deal for FRSTeam is $459K across 6 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $50K of buyer cash on a typical deal.
How risky is FRSTeam?
FRSTeam has 6 SBA loans on record since 2020 — too few to score a reliable failure rate. Judge the unit economics and the franchisor's disclosure document, not a small sample.
Can I finance a FRSTeam with an SBA loan?
Yes — FRSTeam has been SBA-financed 4 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.
Buying a FRSTeam franchise
Most FRSTeam buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical FRSTeam deal financed for $459K, which points to about $50K of buyer cash on a typical purchase. FRSTeam is listed in the SBA Franchise Directory (identifier S2433), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund FRSTeam — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.
AI summary
This profile summarizes public SBA financing activity for FRSTeam — lender activity, typical loan sizes, financing history, and risk and failure signals where available — via CapBench SBA Intelligence. CapBench is not a lender.
Source: CapBench SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. CapBench is not a lender and does not guarantee financing.
Agent summary
This page summarizes public SBA 7(a) financing for FRSTeam — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. FRSTeam is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.
- 6 SBA 7(a) deals since 2020
- $459K typical deal
- 4 deals since FY2025
- Too few deals to score a reliable failure rate
- SBA Franchise Directory: listed (identifier S2433)
- Top lenders: Live Oak Banking Company, First National Bank of Michigan, First Bank of the Lake
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-08-02.
- 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 SBA loan records, not a current offer or franchise availability. Confirm SBA Franchise Directory listing with your lender before an LOI.
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CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with FRSTeam.