SBA lending record
Coin Laundry 22
5110 SOUTH NORMANDIE AVE, Los Angeles, CA 90037 · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.8M
Total SBA financing
1
Loan on record
FY2024
On record
2
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Coin Laundry 22 your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$2,840,000 — FY2024
- Gross approval
- $2,840,000
- SBA guaranteed
- $2,130,000 (75%)
- Status
- Current
- Rate at approval
- 9.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 9/18/2024
- First disbursement
- 10/1/2024
- Days to fund
- 13 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Open Bank
1 loan to this business- Total assets
- $2699.4B
- Deposits
- $2328.1B
- Loans outstanding
- $2215.4B
- Net income
- $7.7B
- Return on assets
- 1.1568753301232797%
- Return on equity
- 12.14%
- Total equity
- $257.7B
- Offices
- 17
- Founded
- 06/1
- Headquarters
- 1000 Wilshire Blvd, Los Angeles, CA, 90017
- FDIC cert
- 57944
- Website
- www.myopenbank.com
Is Coin Laundry 22 your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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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 Coin Laundry 22.