SBA lending record
Zips Cleaners
4115 Monroe Road, Charlotte, NC 28205 · Drycleaning and Laundry Services (except Coin-Operated). The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
1
Loan on record
FY2023
On record
15
Jobs supported
Franchise brand
ZIPS Cleaners (formally ZIPS Dry Cleaners)
See ZIPS Cleaners (formally ZIPS Dry Cleaners)'s SBA financing data — typical deal, failure rate, and how its loans perform →
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The loan
$5,000,000 — FY2023
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Current
- Rate at approval
- 11.25% v
- Term
- 272 mo (23 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/22/2023
- First disbursement
- 10/2/2023
- Days to fund
- 10 days
- Collateral
- Required
- Jobs supported
- 15
The lender
First Bank
1 loan to this business- Total assets
- $12937.6B
- Deposits
- $11028.4B
- Loans outstanding
- $8680.3B
- Net income
- $48.3B
- Return on assets
- 1.510177976834223%
- Return on equity
- 11.21%
- Total equity
- $1740.1B
- Offices
- 116
- Founded
- 01/0
- Headquarters
- 205 Se Broad St, Southern Pines, NC, 28387
- FDIC cert
- 15019
- Website
- www.localfirstbank.com
Is Zips Cleaners 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 Zips Cleaners.