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 14.9% historical default rate.
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, default rate 14.9%.1004 active SBA-approved lenders fund this industry. Most drycleaning and laundry services (except coin-operated) loans use the SBA 7(a) program.
Is SBA Lending Growing for Drycleaning and Laundry Services (except Coin-Operated)?+127% growth
Which SBA Program Do Drycleaning and Laundry Services (except Coin-Operated) Businesses Use Most?
What Is the Best SBA Loan for Drycleaning and Laundry Services (except Coin-Operated)?
The most widely used SBA program for drycleaning and laundry services (except coin-operated) businesses — flexible terms, multiple use cases
Where Are Drycleaning and Laundry Services (except Coin-Operated) SBA Loans Most Common?
Top SBA Lenders for Drycleaning and Laundry Services (except Coin-Operated)
These banks have funded the most SBA loans for drycleaning and laundry services (except coin-operated) businesses (NAICS 812320). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of Hope(CA) | 2,128 | $417.7M |
| 2 | Bank of America, National Association(NC) | 727 | $47.8M |
| 3 | Wells Fargo Bank National Association(SD) | 647 | $167.4M |
| 4 | JPMorgan Chase Bank, National Association(OH) | 540 | $67.2M |
| 5 | U.S. Bank, National Association(OH) | 454 | $76.3M |
Drycleaning and Laundry Services (except Coin-Operated) Industry Context
Ready to Fund Your Drycleaning and Laundry Services (except Coin-Operated) Business?
PeerSense places SBA loans for drycleaning and laundry services (except coin-operated) businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
Retainers
Down with SBA 7(a)
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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.
PeerSense specializes in matching drycleaning and laundry services (except coin-operated) business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
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?
Which SBA loan program is best for a drycleaning and laundry services (except coin-operated) business?
How many lenders fund SBA loans for drycleaning and laundry services (except coin-operated)?
What states have the most SBA lending for drycleaning and laundry services (except coin-operated)?
How does PeerSense help drycleaning and laundry services (except coin-operated) businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Drycleaning and Laundry Services (except Coin-Operated) defined by NAICS code 812320. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.