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NAICS 812320Other ServicesLending Growing

How Much Can Drycleaning and Laundry Services (except Coin-Operated) Businesses Get in SBA Loans?

14,554 SBA loans totaling $3.7B have been approved for drycleaning and laundry services (except coin-operated) businesses (NAICS 812320). The average approved SBA loan is $251K, which is 26% below avg the $340K national average. 1004 active lenders fund this industry with a 19.0% default rate on the matured 2018-2021 loan cohort.

Above average default risk19.0% vs 15.4% all industry avg

At 19.0%, Drycleaning and Laundry Services (except Coin-Operated) sits above the 15.4% all industry SBA default rate (charged off as a share of resolved loans), above average default risk relative to other SBA industries. The capital source prices this risk into rate and structure.

Quick Answer

NAICS 812320 (Drycleaning and Laundry Services (except Coin-Operated)) received 14,554 SBA loans worth $3.7B across 5+ states. Average loan $251K, average term 113 months, 19.0% default rate (resolved loan basis).1004 active SBA approved lenders fund this industry. Most drycleaning and laundry services (except coin-operated) loans use the SBA 7(a) program.

14,554
Total SBA Loans
$3.7B
Total Volume
$251K
Avg Loan Size
26% below avg
1,004
Active Lenders
113 mo
Avg Term
13% below avg
90,895
Jobs Supported

Is SBA Lending Growing for Drycleaning and Laundry Services (except Coin-Operated)?+127% growth

343
323
304
299
148
89
83
115
195
261
16
17
18
19
20
21
22
23
24
25
$128.3M
$110.3M
$109.7M
$124.4M
$61.6M
$52.6M
$50.7M
$62.3M
$99.5M
$138.9M

Which SBA Program Do Drycleaning and Laundry Services (except Coin-Operated) Businesses Use Most?

SBA 7(a)13,949 (96%)
SBA 504605 (4%)

What Is the Best SBA Loan for Drycleaning and Laundry Services (except Coin-Operated)?

SBA 7(a)

The most widely used SBA program for drycleaning and laundry services (except coin-operated) businesses: flexible terms, multiple use cases

Industry avg loan: $251K
Typical term: 113 months
Historical avg rate: 7.04%
1004+ lenders active in this industry
Default rate (2018 to 21 matured cohort): 19.0%

Where Are Drycleaning and Laundry Services (except Coin-Operated) SBA Loans Most Common?

#1
CA
2,090 loans
$511.5M
#2
TX
1,690 loans
$773.7M
#3
NY
1,300 loans
$203.9M
#4
IL
1,197 loans
$253.3M
#5
NJ
1,005 loans
$183.0M

SBA Lending Activity in Drycleaning and Laundry Services (except Coin-Operated)

1,004 SBA lenders have funded 14,554 loans to drycleaning and laundry services (except coin-operated) businesses (NAICS 812320). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.

Loans funded
14,554
Active lenders
1,004
Total volume
$3.7B
Avg loan size
$251K
Browse all SBA lenders

Drycleaning and Laundry Services (except Coin-Operated) Industry Context

U.S. Employment
6,039,000
BLS · 2026

Talk to PeerSense

PeerSense sources capital for drycleaning and laundry services (except coin-operated) businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Drycleaning and Laundry Services (except Coin-Operated) business.

Tell us your loan amount and use of funds. PeerSense sources capital. It is not the lender.

SBA 7(a) / 504: The desk will reach out. No obligation.

How big is your deal?
Where are you in the deal?
Equity or down payment ready
Credit score
Timeline to close
SBA already on the books?
What best describes your company
Liquid funds available outside this deal

Referral fee realized at closing · Or call (317) 452 6990

How Does SBA Lending Work for Drycleaning and Laundry Services (except Coin-Operated) Businesses?

Across all SBA loan programs, 14,554 loans have been approved for businesses classified under NAICS 812320 (Drycleaning and Laundry Services (except Coin-Operated)), representing $3.7B in total capital deployed. The average approved loan of $251K is 26% below avg the national SBA average of $340K, with typical repayment terms of 113 months.

SBA lending for drycleaning and laundry services (except coin-operated) is accelerating. Loan volume has grown approximately 127% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2016.

The overwhelming majority of SBA lending for drycleaning and laundry services (except coin-operated) uses the 7(a) program, which provides the most flexibility, covering working capital, equipment purchases, partner buyouts, debt refinancing, and business acquisitions up to $5M with terms up to 25 years.

Talk to PeerSense about a drycleaning and laundry services (except coin-operated) file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

SBA Loan Guide SBA Calculator SBA Lender Directory Industry Data Hub Current SBA Rates Contact Us

Frequently Asked Questions: Drycleaning and Laundry Services (except Coin-Operated) SBA Loans

What is the average SBA loan size for drycleaning and laundry services (except coin-operated) businesses?
Based on 14,554 approved SBA loans, the average loan size for drycleaning and laundry services (except coin-operated) (NAICS 812320) is $251K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a drycleaning and laundry services (except coin-operated) business?
SBA 7(a) is the most commonly used SBA program for drycleaning and laundry services (except coin-operated) businesses. The most widely used SBA program for drycleaning and laundry services (except coin-operated) businesses: flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for drycleaning and laundry services (except coin-operated)?
1004 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a drycleaning and laundry services (except coin-operated) file.
What states have the most SBA lending for drycleaning and laundry services (except coin-operated)?
CA leads with 2,090 SBA loans and $511.5M in total volume for drycleaning and laundry services (except coin-operated) businesses. TX, NY, IL also show strong lending activity in this sector.
How does PeerSense help drycleaning and laundry services (except coin-operated) businesses get SBA loans?
PeerSense is a capital advisory firm. Talk to PeerSense about a drycleaning and laundry services (except coin-operated) file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Related Other Services Industries

General Automotive Repair

34,967 loans · N/A
Avg: $257K

Beauty Salons

25,737 loans · N/A
Avg: $141K

Automotive Body, Paint, and Interior Repair and Maintenance

13,969 loans · N/A
Avg: $326K

Car Washes

12,724 loans · N/A
Avg: $782K

All Other Personal Services

12,450 loans · N/A
Avg: $238K

Other Personal Care Services

11,061 loans · N/A
Avg: $255K

Data aggregated from SBA loan records (1992 to 2025). Drycleaning and Laundry Services (except Coin-Operated) defined by NAICS code 812320. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.