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FRANCHISE BRAND· Drycleaning and Laundry Services (except Coin-Operated)

SBA loans for Comet Cleaners

7 SBA loans have financed Comet Cleaners locations since 2014, written by 6 different lenders across 2 states. Half were approved for $685K or less, the mix is almost entirely 7(a), and 43% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
7
none in last 5 yrs
Median approval
$685K
90th pct $1.4M
Total approved
$5.4M
all years
To new owners
43%
3 loans
Lenders
6
2 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 Comet 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
Grapevine, TX
Comet Cleaners loans
2
In last 5 yrs
0
Typical loan
$1.3M
To new owners
50%
Last approval
Jun 2017
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
2
Henderson, TX
Comet Cleaners loans
1
In last 5 yrs
0
Typical loan
$32K
To new owners
0%
Last approval
Nov 2017
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
3
Birmingham, AL
Comet Cleaners loans
1
In last 5 yrs
0
Typical loan
$685K
To new owners
100%
Last approval
Dec 2016
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
4
Little Rock, AR
Comet Cleaners loans
1
In last 5 yrs
0
Typical loan
$1.0M
To new owners
0%
Last approval
May 2016
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
5
New York, NY
Comet Cleaners loans
1
In last 5 yrs
0
Typical loan
$300K
To new owners
100%
Last approval
May 2014
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
6
Humble, TX
Comet Cleaners loans
1
In last 5 yrs
0
Typical loan
$832K
To new owners
0%
Last approval
Apr 2014
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.