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

SBA loans for Comet Cleaners and Laundry

7 SBA loans have financed Comet Cleaners and Laundry locations since 2018, written by 6 different lenders across 2 states. Half were approved for $226K or less, the mix is almost entirely 7(a), and 14% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
7
2 in last 5 yrs
Median approval
$226K
90th pct $340K
Total approved
$1.6M
all years
To new owners
14%
1 loans
Lenders
6
2 states

The lenders that fund Comet Cleaners and Laundry

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
Dallas, TX
Comet Cleaners and Laundry loans
2
In last 5 yrs
1
Typical loan
$178K
To new owners
0%
Last approval
Aug 2024
2
Lake Success, NY
Comet Cleaners and Laundry loans
1
In last 5 yrs
1
Typical loan
$200K
To new owners
0%
Last approval
Mar 2023
3
San Antonio, TX
Comet Cleaners and Laundry loans
1
In last 5 yrs
0
Typical loan
$250K
To new owners
0%
Last approval
Jul 2019
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
4
San Antonio, TX
Comet Cleaners and Laundry loans
1
In last 5 yrs
0
Typical loan
$226K
To new owners
0%
Last approval
Jun 2019
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
5
Saint Cloud, MN
Comet Cleaners and Laundry loans
1
In last 5 yrs
0
Typical loan
$150K
To new owners
100%
Last approval
May 2019
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
6
Grapevine, TX
Comet Cleaners and Laundry loans
1
In last 5 yrs
0
Typical loan
$450K
To new owners
0%
Last approval
Sep 2018
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.