SBA lending record
Launderland
3828 MACDONALD AVE, Richmond, CA 94805 · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.0M
Total SBA financing
1
Loan on record
FY2024
On record
3
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Launderland 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.
The loan
$1,000,000 — FY2024
- Gross approval
- $1,000,000
- SBA guaranteed
- $750,000 (75%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/19/2024
- First disbursement
- 8/28/2024
- Days to fund
- 9 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
American Continental Bank
1 loan to this business- Total assets
- $379.1B
- Deposits
- $311.3B
- Loans outstanding
- $288.7B
- Net income
- $1.5B
- Return on assets
- 1.5539642065314563%
- Return on equity
- 9.74%
- Total equity
- $61.2B
- Offices
- 7
- Founded
- 10/0
- Headquarters
- 17700 Castleton St, City Of Industry, CA, 91748
- FDIC cert
- 57444
- Website
Is Launderland 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 and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Launderland.