Speed Queen, by the numbers

Every figure below comes from real financed deals — what buyers paid, where, and how the loans performed.

SBA Franchise Directory: listed ✓ (identifier S6373)

2 deals since 2020 · typical deal $2.6M

Deals since 2020

$2.6M

Typical deal

Deals since FY2025

—

Too few deals to score risk

Speed Queen has 2 SBA deals on record — real financing history, but too few to score a failure rate you should trust. Underwrite the location and the FDD.

What buyers pay for Speed Queen

Most Speed Queen deals financed between $855K and $2.58M. Above $2.58M, you're paying more than 75% of buyers did — make the seller earn it.

Your deal size$2.58M

Monthly payment (10-yr): $33,739
Down payment (10%): $287K
Cash to close (all-in): $395K

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 ~$395K)

Experience

Recent financings

THOMAS AND APRIL WHITE LLC in Chicago, IL — $2.6M (2025) · CenTrust Bank, A Division of SmartBiz Bank National Association
Program
Preferred Lenders Program
Rate at approval
10.5% variable
Term
126 months
SBA guaranteed
$1.9M (75%)
Approval → funding
33 days
Approved
2/20/2025
First disbursed
3/25/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
4
Business age
Startup, Loan Funds will Open Business
Industry
Coin-Operated Laundries and Drycleaners
Funded by CenTrust Bank, A Division of SmartBiz Bank National Association · Lender record →
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The Bubble Hut LLC in West Valley City, UT — $855K (2023) · Enterprise Bank & Trust
Program
Preferred Lenders Program
Rate at approval
9.5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$641K (75%)
Approval → funding
3 days
Approved
3/20/2023
First disbursed
3/23/2023
Loan status
Paid in full (5/31/2025)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
1
Business age
Existing or more than 2 years old
Industry
Coin-Operated Laundries and Drycleaners
Funded by Enterprise Bank & Trust · Lender record →
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Who funds Speed Queen — and where

Every dot is a financed Speed Queen — 2 mapped.

Financed Speed Queen locations — list all 2 as text

THOMAS AND APRIL WHITE LLC — Chicago · $2.6M · FY2025 · Coin-Operated Laundries and Drycleaners
The Bubble Hut LLC — West Valley City · $855K · FY2023 · Coin-Operated Laundries and Drycleaners

Top lenders for this brand

Most active states

1.Illinois (1 loans)
2.Utah (1 loans)

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Insider move

Start with the lenders above — a bank that's funded Speed Queen 1 times already knows the unit economics and approves faster than one learning the brand on your file.

Who should reach out?

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision. We'll introduce you to your pick or a comparable Speed Queen lending specialist.

Common questions

How much does a Speed Queen cost to buy or open?

The typical deal for Speed Queen is $2.6M across 2 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $284K of buyer cash on a typical deal.

How risky is Speed Queen?

Speed Queen has 2 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 Speed Queen with an SBA loan?

Yes — Speed Queen has been SBA-financed 1 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.

Buying a Speed Queen franchise

Most Speed Queen 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 Speed Queen deal financed for $2.6M, which points to about $284K of buyer cash on a typical purchase. Speed Queen is listed in the SBA Franchise Directory (identifier S6373), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund Speed Queen — 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 Speed Queen — 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 Speed Queen — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. Speed Queen is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.

2 SBA 7(a) deals since 2020
$2.6M typical deal
1 deals since FY2025
Too few deals to score a reliable failure rate
SBA Franchise Directory: listed (identifier S6373)
Top lenders: CenTrust Bank, A Division of SmartBiz Bank National Association, Enterprise Bank & Trust

Next steps

Check SBA fit Find SBA lenders $9 lender report

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/franchises/speed-queen
API:: https://www.capbench.com/api/public/franchises/speed-queen
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 Speed Queen.