Lender intelligence
Financing a drycleaning and laundry services (except coin-operated) acquisition in New Jersey
The SBA 7(a) lenders funding the most drycleaning and laundry services (except coin-operated) acquisitions in New Jersey, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in drycleaning and laundry services (except coin-operated) · New Jersey
Ranked by funded drycleaning and laundry services (except coin-operated) acquisitions in New Jersey. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.75 loans · $98M · Sioux Falls, SDFull record →
- 2.139 loans · $102M · Los Angeles, CAFull record →
- 3.58 loans · $53M · New York, NYFull record →
- 4.18 loans · $20M · Fort Lee, NJFull record →
- 5.31 loans · $24M · Malvern, PAFull record →
- 6.11 loans · $7M · Flushing, NYFull record →
11+ funded Drycleaning and Laundry Services (except Coin-Operated) in New Jersey deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Cameo Cleaners in Edison, NJ — $296K (2026) · purchase · The Bancorp Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 8% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $222K (75%)
- Approval → funding
- 10 days
- Approved
- 1/27/2026
- First disbursed
- 2/6/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
If you were the buyer here
- Est. deal size
- $328K
- Est. down payment (10%)
- $33K
- Est. cash at closing
- $44K
- Monthly payment
- $3,586
- Annual debt service
- $43K
- Cash flow needed (1.25×)
- $54K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Bancorp Bank National Association · Lender record →
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- Nu Plaza Dry Cleaners LLC in Northvale, NJ — $180K (2025) · purchase · Woori America Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $135K (75%)
- Approval → funding
- 9 days
- Approved
- 7/23/2025
- First disbursed
- 8/1/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
If you were the buyer here
- Est. deal size
- $200K
- Est. down payment (10%)
- $20K
- Est. cash at closing
- $27K
- Monthly payment
- $2,305
- Annual debt service
- $28K
- Cash flow needed (1.25×)
- $35K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Woori America Bank · Lender record →
Your business? Claim this record · Request removal
- Morris St Cleaners & Alteration in Jersey City, NJ — $165K (2025) · purchase · Hanmi Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $140K (85%)
- Approval → funding
- 14 days
- Approved
- 3/31/2025
- First disbursed
- 4/14/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
If you were the buyer here
- Est. deal size
- $183K
- Est. down payment (10%)
- $18K
- Est. cash at closing
- $25K
- Monthly payment
- $2,135
- Annual debt service
- $26K
- Cash flow needed (1.25×)
- $32K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Hanmi Bank · Lender record →
Your business? Claim this record · Request removal
- Five Star Dry Cleaners Lincroft Corp in Lincroft, NJ — $706K (2024) · purchase · Customers Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $530K (75%)
- Approval → funding
- 135 days
- Approved
- 7/2/2024
- First disbursed
- 11/14/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
If you were the buyer here
- Est. deal size
- $784K
- Est. down payment (10%)
- $78K
- Est. cash at closing
- $108K
- Monthly payment
- $9,330
- Annual debt service
- $112K
- Cash flow needed (1.25×)
- $140K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Customers Bank · Lender record →
Your business? Claim this record · Request removal
- Dry Clean Plaza in Hamilton, NJ — $405K (2024) · purchase · The Bancorp Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 9.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $304K (75%)
- Approval → funding
- 22 days
- Approved
- 3/5/2024
- First disbursed
- 3/27/2024
- Loan status
- Paid in full (6/30/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
If you were the buyer here
- Est. deal size
- $450K
- Est. down payment (10%)
- $45K
- Est. cash at closing
- $60K
- Monthly payment
- $5,185
- Annual debt service
- $62K
- Cash flow needed (1.25×)
- $78K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Bancorp Bank National Association · Lender record →
Your business? Claim this record · Request removal
- Park Avenue Cleaners One Inc in Scotch Plains, NJ — $150K (2024) · purchase · NewBank
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $128K (85%)
- Approved
- 4/26/2024
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
If you were the buyer here
- Est. deal size
- $167K
- Est. down payment (10%)
- $17K
- Est. cash at closing
- $21K
- Monthly payment
- $1,982
- Annual debt service
- $24K
- Cash flow needed (1.25×)
- $30K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by NewBank · Lender record →
Your business? Claim this record · Request removal
- Park Avenue Cleaners One Inc in Scotch Plains, NJ — $135K (2024) · purchase · New Millennium Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $115K (85%)
- Approval → funding
- 69 days
- Approved
- 8/9/2024
- First disbursed
- 10/17/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
If you were the buyer here
- Est. deal size
- $150K
- Est. down payment (10%)
- $15K
- Est. cash at closing
- $19K
- Monthly payment
- $1,784
- Annual debt service
- $21K
- Cash flow needed (1.25×)
- $27K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by New Millennium Bank · Lender record →
Your business? Claim this record · Request removal
- Bridge Equities LLC in Brick, NJ — $273K (2022) · purchase · BayFirst National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6.25% variable
- Term
- 239 months
- SBA guaranteed
- $205K (75%)
- Approval → funding
- 9 days
- Approved
- 5/18/2022
- First disbursed
- 5/27/2022
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 1
- Business age
- Change of Ownership
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
If you were the buyer here
- Est. deal size
- $303K
- Est. down payment (10%)
- $30K
- Est. cash at closing
- $41K
- Monthly payment
- $2,000
- Annual debt service
- $24K
- Cash flow needed (1.25×)
- $30K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by BayFirst National Bank · Lender record →
Your business? Claim this record · Request removal
- Watchung Drycleaners LLC in Montclair, NJ — $300K (2020) · purchase · Provident Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $225K (75%)
- Approval → funding
- 15 days
- Approved
- 12/16/2019
- First disbursed
- 12/31/2019
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
If you were the buyer here
- Est. deal size
- $333K
- Est. down payment (10%)
- $33K
- Est. cash at closing
- $45K
- Monthly payment
- $3,445
- Annual debt service
- $41K
- Cash flow needed (1.25×)
- $52K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Provident Bank · Lender record →
Your business? Claim this record · Request removal
- JOMA Acquisitions Inc. in Sewell, NJ — $180K (2020) · purchase · Meridian Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $135K (75%)
- Approval → funding
- 25 days
- Approved
- 2/4/2020
- First disbursed
- 2/29/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
If you were the buyer here
- Est. deal size
- $200K
- Est. down payment (10%)
- $20K
- Est. cash at closing
- $27K
- Monthly payment
- $2,137
- Annual debt service
- $26K
- Cash flow needed (1.25×)
- $32K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Meridian Bank · Lender record →
Your business? Claim this record · Request removal
- Jason Enterprise LLC in Whippany, NJ — $100K (2020) · purchase · New Millennium Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $85K (85%)
- Approval → funding
- 51 days
- Approved
- 4/10/2020
- First disbursed
- 5/31/2020
- Loan status
- Paid in full (1/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
If you were the buyer here
- Est. deal size
- $111K
- Est. down payment (10%)
- $11K
- Est. cash at closing
- $14K
- Monthly payment
- $1,413
- Annual debt service
- $17K
- Cash flow needed (1.25×)
- $21K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by New Millennium Bank · Lender record →
Your business? Claim this record · Request removal
Financing a drycleaning and laundry services (except coin-operated) deal in New Jersey? Start with the right lender
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to drycleaning and laundry services (except coin-operated) businesses with a New Jersey project address.
Agent summary
How to finance a drycleaning and laundry services (except coin-operated) acquisition in New Jersey with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded New Jersey deals. The Bancorp Bank National Association funds the most here. DealRoom is not a lender.
- $582K typical loan
- 9 lenders active in New Jersey
- 11+ funded New Jersey deals
- 22 days typical to fund
Buyers buying a drycleaning and laundry services (except coin-operated) in New Jersey typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.