Lender intelligence
Financing a drycleaning and laundry services (except coin-operated) acquisition in Tennessee
The SBA 7(a) lenders funding the most drycleaning and laundry services (except coin-operated) acquisitions in Tennessee, 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) · Tennessee
Ranked by funded drycleaning and laundry services (except coin-operated) acquisitions in Tennessee. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.868 loans · $362M · Salt Lake City, UTFull record →
- 2.39 loans · $31M · Duluth, GAFull record →
4+ funded Drycleaning and Laundry Services (except Coin-Operated) in Tennessee 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.
- BIO & BIA CORP in Memphis, TN — $450K (2026) · purchase · PromiseOne Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.25% variable
- Term
- 180 mo (15 yrs)
- SBA guaranteed
- $338K (75%)
- Approved
- 1/15/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 13
- Business age
- Change of Ownership
- Industry
- Drycleaning and Laundry Services (except Coin-Operated)
If you were the buyer here
- Est. deal size
- $500K
- Est. down payment (10%)
- $50K
- Est. cash at closing
- $67K
- Monthly payment
- $4,366
- Annual debt service
- $52K
- Cash flow needed (1.25×)
- $65K
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 PromiseOne Bank · Lender record →
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- Qwality Qwick Cleaners in Memphis, TN — $330K (2021) · purchase · Celtic Bank Corporation
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $248K (75%)
- Approval → funding
- 97 days
- Approved
- 11/23/2020
- First disbursed
- 2/28/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- 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
- $367K
- Est. down payment (10%)
- $37K
- Est. cash at closing
- $49K
- Monthly payment
- $3,581
- 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 Celtic Bank Corporation · Lender record →
Your business? Claim this record · Request removal
- LEE BROTHERS LLC in Memphis, TN — $322K (2020) · purchase · Celtic Bank Corporation
- Program
- Preferred Lenders Program
- Rate at approval
- 7% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $242K (75%)
- Approved
- 6/16/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- 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
- $358K
- Est. down payment (10%)
- $36K
- Est. cash at closing
- $48K
- Monthly payment
- $3,740
- Annual debt service
- $45K
- Cash flow needed (1.25×)
- $56K
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 Celtic Bank Corporation · Lender record →
Your business? Claim this record · Request removal
- LEE BROTHERS LLC in Memphis, TN — $322K (2020) · purchase · Celtic Bank Corporation
- Program
- Preferred Lenders Program
- Rate at approval
- 7% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $242K (75%)
- Approved
- 3/6/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- 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
- $358K
- Est. down payment (10%)
- $36K
- Est. cash at closing
- $48K
- Monthly payment
- $3,740
- Annual debt service
- $45K
- Cash flow needed (1.25×)
- $56K
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 Celtic Bank Corporation · Lender record →
Your business? Claim this record · Request removal
Financing a drycleaning and laundry services (except coin-operated) deal in Tennessee? Start with the right lender
We'll point you to the SBA lenders already funding your industry in your state — and help you make them compete on rate and speed.
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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 Tennessee project address.
Agent summary
How to finance a drycleaning and laundry services (except coin-operated) acquisition in Tennessee with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Tennessee deals. Celtic Bank Corporation funds the most here. DealRoom is not a lender.
- $582K typical loan
- 2 lenders active in Tennessee
- 4+ funded Tennessee deals
- 97 days typical to fund
Buyers buying a drycleaning and laundry services (except coin-operated) in Tennessee 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.