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Coin-Operated Laundries and Drycleaners: SBA acquisition loans in New York
8 SBA-financed business acquisitions in New York classified as Coin-Operated Laundries and Drycleaners, FY2024–FY2026. Median loan $814K. See which lenders did them.
- Acquisitions financed
- 8
- Total approved
- $9.1M
- Median loan
- $814K
- Middle half of loans
- $486K to $1.4M
- Median starting rate
- 8.38%
- Median term
- 25 yrs
How to interpret this profile and build a shortlist →
Small sample. This local profile has 8 recorded approvals in FY2024–FY2026. For a broader comparison, open the New York state profile or the national industry profile.
Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | New Millennium Bank | 2 | 25% | $1.8M | $3.5M |
| 2 | Metro City Bank | 2 | 25% | $1.7M | $3.3M |
| 3 | Cathay Bank | 1 | 12% | $1.1M | $1.1M |
| 4 | NewBank | 1 | 12% | $500K | $500K |
| 5 | Celtic Bank Corporation | 1 | 12% | $445K | $445K |
| 6 | Bank of Hope | 1 | 12% | $240K | $240K |
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.