SBA lending record

J&J Industrial Laundry Co.

1705 2nd Ave Se, Willmar, MN 56201 · 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.

$72K

Total SBA financing

Loans on record

FY2021–22

On record

Jobs supported

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

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All 2 loans

$52,000 — FY2022

Loan 1 of 2

Gross approval: $52,000
SBA guaranteed: $26,000 (50%)
Status: Paid in full
Rate at approval: 5.75% v
Term: 60 mo (5 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/1/2021
First disbursement: 10/6/2021
Days to fund: 5 days
Paid in full: 8/31/2023
Collateral: Required

The lender

Lake Region Bank

2 loans to this business

Agent summary

This page summarizes the public SBA 7(a) lending record for J&J Industrial Laundry Co. in Willmar, MN (Drycleaning and Laundry Services (except Coin-Operated)). 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.

2 SBA 7(a) loans totaling $72K
On record FY2021–22
6 jobs supported
Industry: Drycleaning and Laundry Services (except Coin-Operated)
Location: Willmar, MN
Lender: Lake Region Bank

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