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Drycleaning and Laundry Services (except Coin-Operated): SBA acquisition loans in Texas
25 SBA-financed business acquisitions in Texas classified as Drycleaning and Laundry Services (except Coin-Operated), FY2024–FY2026. Median loan $506K. See which lenders did them.
- Acquisitions financed
- 25
- Total approved
- $25.6M
- Median loan
- $506K
- Middle half of loans
- $373K to $1.7M
- Median starting rate
- 9.50%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Lendistry SBLC, LLC | 5 | 20% | $1.1M | $6.9M |
| 2 | Hanmi Bank | 3 | 12% | $512K | $4.5M |
| 3 | Bank of Hope | 3 | 12% | $150K | $556K |
| 4 | VelocitySBA, LLC | 2 | 8% | $1.8M | $3.5M |
| 5 | Security National Bank of Omaha | 2 | 8% | $1.4M | $2.8M |
| 6 | T Bank, National Association | 2 | 8% | $415K | $830K |
| 7 | Prosperity Bank | 2 | 8% | $388K | $776K |
| 8 | US Metro Bank | 1 | 4% | $3.3M | $3.3M |
| 9 | Southwestern National Bank | 1 | 4% | $640K | $640K |
| 10 | Live Oak Banking Company | 1 | 4% | $600K | $600K |
| 11 | Third Coast Bank | 1 | 4% | $506K | $506K |
| 12 | Coastal States Bank | 1 | 4% | $450K | $450K |
| 13 | Truliant FCU | 1 | 4% | $165K | $165K |
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.