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Coin-Operated Laundries and Drycleaners: SBA acquisition loans in Illinois
12 SBA-financed business acquisitions in Illinois classified as Coin-Operated Laundries and Drycleaners, FY2024–FY2026. Median loan $462K. See which lenders did them.
- Acquisitions financed
- 12
- Total approved
- $7.6M
- Median loan
- $462K
- Middle half of loans
- $298K to $914K
- Median starting rate
- 10.00%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Hinsdale Bank & Trust Company, National Association | 2 | 17% | $790K | $1.6M |
| 2 | Midwest Regional Bank | 2 | 17% | $353K | $706K |
| 3 | The Huntington National Bank | 2 | 17% | $224K | $448K |
| 4 | PCB Bank | 1 | 8% | $1.5M | $1.5M |
| 5 | Banc of California | 1 | 8% | $1.4M | $1.4M |
| 6 | Capital Bank, National Association | 1 | 8% | $755K | $755K |
| 7 | Readycap Lending, LLC | 1 | 8% | $500K | $500K |
| 8 | Royal Banks of Missouri | 1 | 8% | $500K | $500K |
| 9 | Pan American Bank & Trust | 1 | 8% | $249K | $249K |
For comparison, the same industry nationwide: 128 loans, median $621K, median starting rate 9.00%. See Coin-Operated Laundries and Drycleaners 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.