SBA lending record
Hometown Laundromat; JD Coin laundry
1515 - 1517 CABRILLO AVE, Torrance, CA 90501 · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$400K
Total SBA financing
1
Loan on record
FY2024
On record
1
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Hometown Laundromat; JD Coin laundry your business?
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The loan
$400,000 — FY2024
- Gross approval
- $400,000
- SBA guaranteed
- $300,000 (75%)
- Status
- Current
- Rate at approval
- 10.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 7/22/2024
- First disbursement
- 8/1/2024
- Days to fund
- 10 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
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 Hometown Laundromat; JD Coin laundry 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 Hometown Laundromat; JD Coin laundry.