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JK Wave Inc — SBA Loan Record (Springfield, MA) | DealRoom

Intelligence/Coin-Operated Laundries and Drycleaners/MA

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SBA lending record

JK Wave Inc

486 494 BELMONT AVE, Springfield, MA · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.2M

Total SBA financing

1

Loan on record

FY2021

On record

2

Jobs supported

Is JK Wave Inc 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.

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The loan

$1,230,000 — FY2021

Gross approval: $1,230,000
SBA guaranteed: $1,107,000 (90%)
Status: Paid in full
Rate at approval: 4.25% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 8/12/2021
First disbursement: 8/31/2021
Days to fund: 19 days
Paid in full: 12/31/2022
Collateral: Required
Jobs supported: 2
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Coin-Operated Laundries and Drycleaners
NAICS code: 812310
Lender: New Millennium Bank
Address: 486 494 BELMONT AVE
City: Springfield
County: Hampden
SBA district office: SPRINGFIELD BRANCH OFFICE
Congressional district: 1

The lender

New Millennium Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding coin-operated laundries and drycleaners — by location, industry.

SBA lenders in Massachusetts Lenders for coin-operated laundries and drycleaners Coin-Operated Laundries and Drycleaners lenders in Massachusetts

Similar businesses

Comparable coin-operated laundries and drycleaners in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Laundry Holdings Inc

Springfield, MA· ~1 mi

Coin-Operated Laundries and Drycleaners

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

C&J Cleaning Solutions, LLC

Holyoke, MA· ~8 mi

Coin-Operated Laundries and Drycleaners

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

Let's Go Laundry!, Inc.

Amherst, MA· ~20 mi

Coin-Operated Laundries and Drycleaners

$760K
SBA financing: ≈ $1.5M–$2.5M
Est. revenue (rough)

Happy Wash LLC

Haverhill, MA· ~90 mi

Coin-Operated Laundries and Drycleaners

$900K
SBA financing: ≈ $1.8M–$2.9M
Est. revenue (rough)

Laundry Central Inc

Westfield, MA· ~10 mi

Coin-Operated Laundries and Drycleaners

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

J & W Laundromats Inc.

North Attleboro, MA· ~65 mi

Coin-Operated Laundries and Drycleaners

$585K
SBA financing: ≈ $1.1M–$1.9M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for JK Wave Inc in Springfield, MA (Coin-Operated Laundries and Drycleaners). 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 $1.2M
On record FY2021
2 jobs supported
Industry: Coin-Operated Laundries and Drycleaners
Location: Springfield, MA
Lender: New Millennium Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Coin-Operated Laundries and Drycleaners businesses in MA for ~$1.2M deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/jk-wave-inc-ma
API:: https://dealroom.so/api/public/businesses/jk-wave-inc-ma
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is JK Wave Inc 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 JK Wave Inc.