Acquisition Lender Index

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Coin-Operated Laundries and Drycleaners: SBA acquisition loans in Texas

18 SBA-financed business acquisitions in Texas classified as Coin-Operated Laundries and Drycleaners, FY2024–FY2026. Median loan $787K. See which lenders did them.

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

Acquisitions financed
18
Total approved
$15.4M
Median loan
$787K
Middle half of loans
$366K to $1.1M
Median starting rate
8.50%
Median term
10 yrs

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Lenders that financed these deals

#LenderLoansShareMedian loanTotal approved
1 Metro City Bank 211%$2.3M$4.5M
2 PlainsCapital Bank 211%$423K$846K
3 The Huntington National Bank 211%$404K$808K
4 Prosperity Bank 16%$1.7M$1.7M
5 Bank of Hope 16%$1.3M$1.3M
6 Mission Valley Bank 16%$1.1M$1.1M
7 American National Bank and Trust 16%$996K$996K
8 Hanmi Bank 16%$843K$843K
9 Open Bank 16%$835K$835K
10 Global One Bank 16%$750K$750K
11 Quaint Oak Bank 16%$516K$516K
12 TexasBank 16%$510K$510K
13 PCB Bank 16%$318K$318K
14 Frost Bank 16%$250K$250K
15 Citizens Bank of Las Cruces 16%$139K$139K

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

FY20196 loans, $3.3M
FY20209 loans, $9.4M
FY20216 loans, $2.1M
FY20225 loans, $4.2M
FY20231 loans, $729K
FY20241 loans, $1.7M
FY20256 loans, $4.1M
FY202611 loans, $9.7M

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.