SBA lending record
Charlotte's Laundromat
959, 961, 963 & 965 Armory Rd, Barstow, CA 92311 · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$636K
Total SBA financing
1
Loan on record
FY2020
On record
7
Jobs supported
Is Charlotte's Laundromat your business?
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The loan
$635,600 — FY2020
- Gross approval
- $635,600
- SBA guaranteed
- $476,700 (75%)
- Status
- Paid in full
- Rate at approval
- 5.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/28/2020
- First disbursement
- 7/31/2020
- Days to fund
- 64 days
- Paid in full
- 11/30/2025
- Collateral
- Required
The lender
First Bank
1 loan to this business- Total assets
- $12937.6B
- Deposits
- $11028.4B
- Loans outstanding
- $8680.3B
- Net income
- $48.3B
- Return on assets
- 1.510177976834223%
- Return on equity
- 11.21%
- Total equity
- $1740.1B
- Offices
- 116
- Founded
- 01/0
- Headquarters
- 205 Se Broad St, Southern Pines, NC, 28387
- FDIC cert
- 15019
- Website
- www.localfirstbank.com
Is Charlotte's Laundromat your business?
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Charlotte's Laundromat.