SBA lending record

French Hand Laundry and Dry Cleaning Inc

606 South Lake Avenue, Pasadena, CA 91106 · Drycleaning and Laundry Services (except Coin-Operated). The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$338K

Total SBA financing

Loan on record

FY2021

On record

Jobs supported

● business · ● lender — business location is the ZIP-area centroid from the public record

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The loan

$338,000 — FY2021

Gross approval: $338,000
SBA guaranteed: $304,200 (90%)
Status: Paid in full
Rate at approval: 5% v
Term: 120 mo (10 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/21/2021
First disbursement: 6/28/2021
Days to fund: 38 days
Paid in full: 3/31/2025
Collateral: Required
Jobs supported

The lender

Neighborhood National Bank

1 loan to this business

Total assets: $230.2B
Deposits: $187.3B
Loans outstanding: $174.6B
Net income: $335.0M
Return on assets: 0.5874564887637986%
Return on equity: 4.87%
Total equity: $27.7B
Offices: 1
Founded: 09/1
Headquarters: 2987 Jamacha Rd, El Cajon, CA, 92019
FDIC cert: 34548
Website

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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 French Hand Laundry and Dry Cleaning Inc.