SBA lending record
Franklin Development Funds II, LLC
684 West Main Street, Norwich, CT · Car Washes. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.0M
Total SBA financing
1
Loan on record
FY2021
On record
7
Jobs supported
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The loan
$2,025,000 — FY2021
- Gross approval
- $2,025,000
- SBA guaranteed
- $1,518,750 (75%)
- Status
- Paid in full
- Rate at approval
- 4% v
- Term
- 252 mo (21 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/29/2021
- First disbursement
- 5/30/2022
- Days to fund
- 243 days
- Paid in full
- 12/31/2023
- Collateral
- Required
The lender
Chelsea Groton Bank
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Franklin Development Funds II, LLC in Norwich, CT (Car Washes). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $2.0M
- On record FY2021
- 7 jobs supported
- Industry: Car Washes
- Location: Norwich, CT
- Lender: Chelsea Groton Bank
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is Franklin Development Funds II, LLC 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. Figures are as reported; verify before relying on them. Not affiliated with Franklin Development Funds II, LLC.