SBA lending record
John Cho Coin Laundry
8301 - 8313 COMPTON AVE, Los Angeles, CA 90001 · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.7M
Total SBA financing
1
Loan on record
FY2020
On record
12
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is John Cho Coin Laundry your business?
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The loan
$2,700,000 — FY2020
- Gross approval
- $2,700,000
- SBA guaranteed
- $2,025,000 (75%)
- Status
- Paid in full
- Rate at approval
- 5.75% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 1/22/2020
- First disbursement
- 9/30/2020
- Days to fund
- 252 days
- Paid in full
- 6/30/2024
- Collateral
- Required
The lender
Pacific Alliance Bank
1 loan to this business- Total assets
- $450.7B
- Deposits
- $366.5B
- Loans outstanding
- $344.4B
- Net income
- $2.6B
- Return on assets
- 2.315243064598694%
- Return on equity
- 17.94%
- Total equity
- $58.6B
- Offices
- 3
- Founded
- 12/2
- Headquarters
- 641 W Las Tunas Dr, San Gabriel, CA, 91776
- FDIC cert
- 58234
- Website
Is John Cho 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 John Cho Coin Laundry.