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Rio Grande Laundry 1 Inc. — SBA Loan Record (Chicago, IL) | DealRoom

Intelligence/Coin-Operated Laundries and Drycleaners/IL

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SBA lending record

Rio Grande Laundry 1 Inc.

4400 S. ASHLAND AVE, Chicago, IL 60609 · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$895K

Total SBA financing

1

Loan on record

FY2022

On record

9

Jobs supported

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

Is Rio Grande Laundry 1 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

$895,000 — FY2022

Gross approval: $895,000
SBA guaranteed: $671,250 (75%)
Status: Paid in full
Rate at approval: 4.75% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 4/29/2022
First disbursement: 5/5/2022
Days to fund: 6 days
Paid in full: 10/31/2023
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 9
Business type: Corporation
Business age: Change of Ownership
Industry: Coin-Operated Laundries and Drycleaners
NAICS code: 812310
Lender: Hanmi Bank
Address: 4400 S. ASHLAND AVE
City: Chicago, 60609
County: Cook
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 1

The lender

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

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.

TRUMBULL INVESTMENTS, LLC

Chicago, IL· ~1 mi

Coin-Operated Laundries and Drycleaners

$846K
SBA financing: ≈ $1.7M–$2.8M
Est. revenue (rough)

Rinse Performance Associates, LLC

Chicago, IL· ~2 mi

Coin-Operated Laundries and Drycleaners

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

Mom's Wash Land Austin

Chicago, IL· ~8 mi

Coin-Operated Laundries and Drycleaners

$1.0M
SBA financing: ≈ $2.0M–$3.3M
Est. revenue (rough)

Proof OC, LLC

Chicago, IL· ~10 mi

Coin-Operated Laundries and Drycleaners

$825K
SBA financing: ≈ $1.6M–$2.7M
Est. revenue (rough)

ENY Wash, LLC

Chicago, IL· ~7 mi

Coin-Operated Laundries and Drycleaners

$852K
SBA financing: ≈ $1.7M–$2.8M
Est. revenue (rough)

Maui Sunshine Inc

Chicago, IL· ~9 mi

WaveMAX Laundry

$963K
SBA financing: ≈ $1.9M–$3.1M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Rio Grande Laundry 1 Inc. in Chicago, IL (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 $895K
On record FY2022
9 jobs supported
Industry: Coin-Operated Laundries and Drycleaners
Location: Chicago, IL
Lender: Hanmi 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 IL for ~$895k 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/rio-grande-laundry-1-inc-il
API:: https://dealroom.so/api/public/businesses/rio-grande-laundry-1-inc-il
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 Rio Grande Laundry 1 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 Rio Grande Laundry 1 Inc..