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Drycleaning and Laundry Services (except Coin-Operated): SBA acquisition loans in Georgia
15 SBA-financed business acquisitions in Georgia classified as Drycleaning and Laundry Services (except Coin-Operated), FY2024–FY2026. Median loan $368K. See which lenders did them.
- Acquisitions financed
- 15
- Total approved
- $7.3M
- Median loan
- $368K
- Middle half of loans
- $318K to $505K
- Median starting rate
- 10.25%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Loyal Trust Bank | 3 | 20% | $264K | $1.2M |
| 2 | Newtek Bank, National Association | 3 | 20% | $350K | $850K |
| 3 | Metro City Bank | 2 | 13% | $357K | $714K |
| 4 | Byline Bank | 1 | 7% | $1.9M | $1.9M |
| 5 | Heritage Bank Inc | 1 | 7% | $518K | $518K |
| 6 | Bank of Hope | 1 | 7% | $510K | $510K |
| 7 | Renasant Bank | 1 | 7% | $500K | $500K |
| 8 | Bank of Clarke | 1 | 7% | $411K | $411K |
| 9 | BayFirst National Bank | 1 | 7% | $350K | $350K |
| 10 | PromiseOne Bank | 1 | 7% | $290K | $290K |
For comparison, the same industry nationwide: 173 loans, median $407K, median starting rate 9.75%. See Drycleaning and Laundry Services (except Coin-Operated) in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.