SBA 7(a)Undisbursed

THE BETTER LAUNDROMAT LLC

Saugus, MAFirst Merchants BankDrycleaning and Laundry Services (except Coin-Operated) · NAICS 812320

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APPROVAL AMOUNT

$465,000

PROGRAM

SBA 7(a)

11 years term

APPROVED

2026-02-23

9.5% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Saugus, MA

INDUSTRY

Drycleaning and Laundry Services (except Coin-Operated) · NAICS 812320

BUSINESS STRUCTURE

Corporation

LOAN TERM

11 years

INITIAL INTEREST RATE

9.5%

LOAN STATUS

Undisbursed

Saugus, MA

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