Acquisition Lender Index

Home MarketsNew Jersey Local market

Drycleaning and Laundry Services (except Coin-Operated): SBA acquisition loans in New Jersey

7 SBA-financed business acquisitions in New Jersey classified as Drycleaning and Laundry Services (except Coin-Operated), FY2024–FY2026. Median loan $180K. See which lenders did them.

SBA 7(a) change-of-ownership approvals · FY2024–FY2026 · Data through September 30, 2026

Acquisitions financed
7
Total approved
$2.0M
Median loan
$180K
Middle half of loans
$158K to $350K
Median starting rate
9.50%
Median term
10 yrs

How to interpret this profile and build a shortlist →

Small sample. This local profile has 7 recorded approvals in FY2024–FY2026. For a broader comparison, open the New Jersey state profile or the national industry profile.

Lenders that financed these deals

#LenderLoansShareMedian loanTotal approved
1 The Bancorp Bank National Association 229%$350K$701K
2 Customers Bank 114%$706K$706K
3 Woori America Bank 114%$180K$180K
4 Hanmi Bank 114%$165K$165K
5 NewBank 114%$150K$150K
6 New Millennium Bank 114%$135K$135K

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

FY20185 loans, $2.8M
FY20195 loans, $1.5M
FY20203 loans, $580K
FY20221 loans, $273K
FY20244 loans, $1.4M
FY20252 loans, $345K
FY20261 loans, $296K

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.