SBA lending record
PICO 24 HR COIN LAUNDRY
2462 WEST PICO BLVD, Los Angeles, CA 90006 · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.9M
Total SBA financing
1
Loan on record
FY2025
On record
1
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is PICO 24 HR COIN LAUNDRY your business?
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The loan
$2,870,000 — FY2025
- Gross approval
- $2,870,000
- SBA guaranteed
- $2,152,500 (75%)
- Status
- Current
- Rate at approval
- 9.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 10/30/2024
- First disbursement
- 11/1/2024
- Days to fund
- 2 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Open Bank
1 loan to this business- Total assets
- $2699.4B
- Deposits
- $2328.1B
- Loans outstanding
- $2215.4B
- Net income
- $7.7B
- Return on assets
- 1.1568753301232797%
- Return on equity
- 12.14%
- Total equity
- $257.7B
- Offices
- 17
- Founded
- 06/1
- Headquarters
- 1000 Wilshire Blvd, Los Angeles, CA, 90017
- FDIC cert
- 57944
- Website
- www.myopenbank.com
Is PICO 24 HR 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 PICO 24 HR COIN LAUNDRY.