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FRANCHISE BRAND· Coin-Operated Laundries and Drycleaners

SBA loans for Champion Cleaners

4 SBA loans have financed Champion Cleaners locations since 2002, written by 4 different lenders across 1 states. Half were approved for $421K or less, the mix is a mix of 7(a) and 504, and 50% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
4
none in last 5 yrs
Median approval
$421K
90th pct $552K
Total approved
$1.6M
all years
To new owners
50%
2 loans
Lenders
4
1 states
No SBA loan has been recorded for this brand in the last five years. That can mean the brand stopped franchising, was renamed, or is now recorded under a different name in the SBA extract. Treat the numbers above as history, not as current appetite.

The lenders that fund Champion Cleaners

A lender that has already underwritten this brand knows the unit economics, the build-out costs, and the franchisor. That is worth more to you than a bigger bank starting from scratch.

1
Sioux Falls, SD
Champion Cleaners loans
1
In last 5 yrs
0
Typical loan
$370K
To new owners
0%
Last approval
Dec 2002
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
2
Colorado Springs, CO
Champion Cleaners loans
1
In last 5 yrs
0
Typical loan
$472K
To new owners
100%
Last approval
Oct 2002
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
3
Cleveland, OH
Champion Cleaners loans
1
In last 5 yrs
0
Typical loan
$200K
To new owners
100%
Last approval
Oct 2002
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
4
Denver, CO
Champion Cleaners loans
1
In last 5 yrs
0
Typical loan
$586K
To new owners
0%
Last approval
Jun 2002
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.