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New Wave Laundromat — SBA Loan Record (Sterling Heights, MI) | DealRoom

Intelligence/Coin-Operated Laundries and Drycleaners/MI

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SBA lending record

New Wave Laundromat

43779 VAN DYKE AVE, Sterling Heights, MI 48314 · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$50K

Total SBA financing

1

Loan on record

FY2025

On record

3

Jobs supported

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

Is New Wave Laundromat 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

$50,000 — FY2025

Gross approval: $50,000
SBA guaranteed: $42,500 (85%)
Status: Current
Rate at approval: 14% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 2/5/2025
First disbursement: 2/25/2025
Days to fund: 20 days
Collateral: None
Sold on secondary market: Yes
Jobs supported: 3
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Coin-Operated Laundries and Drycleaners
NAICS code: 812310
Lender: Readycap Lending, LLC
Address: 43779 VAN DYKE AVE
City: Sterling Heights, 48314
County: Macomb
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 9

The lender

Readycap Lending, LLC

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

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.

SHREE JEE LLC

Sterling Heights, MI· ~5 mi

Coin-Operated Laundries and Drycleaners

$36K
SBA financing: ≈ $71K–$118K
Est. revenue (rough)

Azo cleaners llc

Dearborn, MI· ~24 mi

Coin-Operated Laundries and Drycleaners

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

Spotless Laundry INC

Westland, MI· ~28 mi

Coin-Operated Laundries and Drycleaners

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

TS PRO CLEAN, INC.

Grand Blanc, MI· ~37 mi

Coin-Operated Laundries and Drycleaners

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

JSK Cleaning Enterprises LLC

Westland, MI· ~28 mi

Coin-Operated Laundries and Drycleaners

$88K
SBA financing: ≈ $173K–$288K
Est. revenue (rough)

New Wave Laundry

Sterling Heights, MI· ~0 mi

Coin-Operated Laundries and Drycleaners

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

Agent summary

This page summarizes the public SBA 7(a) lending record for New Wave Laundromat in Sterling Heights, MI (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 $50K
On record FY2025
3 jobs supported
Industry: Coin-Operated Laundries and Drycleaners
Location: Sterling Heights, MI
Lender: Readycap Lending, LLC

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 MI for ~$50k 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/new-wave-laundromat-mi
API:: https://dealroom.so/api/public/businesses/new-wave-laundromat-mi
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 New Wave Laundromat 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 New Wave Laundromat.