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Drycleaning and Laundry Services (except Coin-Operated): SBA acquisition loans in Pennsylvania
11 SBA-financed business acquisitions in Pennsylvania classified as Drycleaning and Laundry Services (except Coin-Operated), FY2024–FY2026. Median loan $450K. See which lenders did them.
- Acquisitions financed
- 11
- Total approved
- $7.4M
- Median loan
- $450K
- Middle half of loans
- $332K to $941K
- Median starting rate
- 8.50%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Bancorp Bank National Association | 4 | 36% | $616K | $2.9M |
| 2 | The Huntington National Bank | 2 | 18% | $142K | $284K |
| 3 | Centier Bank | 1 | 9% | $1.9M | $1.9M |
| 4 | Citadel FCU | 1 | 9% | $1.2M | $1.2M |
| 5 | PNC Bank, National Association | 1 | 9% | $450K | $450K |
| 6 | Live Oak Banking Company | 1 | 9% | $350K | $350K |
| 7 | Merchants Bank of Indiana | 1 | 9% | $315K | $315K |
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.