Fabricare 200, LLC
Fabricare 200, LLC is a drycleaning and laundry services business located in Thorndale, Pennsylvania, classified under the industry description Drycleaning and Laundry Services (except Coin-Operated). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $523,000, approved on September 29, 2026 by The Bancorp Bank National Association.
SBA 7(a) loan, change of ownership, approved Sep 29, 2026
$523,000 approvedLender: The Bancorp Bank National Association10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $523,000
- SBA-guaranteed amount
- $392,250 (75% of the approval)
- Lender
- The Bancorp Bank National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,345 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 812320, Drycleaning and Laundry Services (except Coin-Operated)
- Project location
- Chester County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 12% of acquisition loans in Drycleaning and Laundry Services (except Coin-Operated) on this site.
- Average acquisition loan in Drycleaning and Laundry Services (except Coin-Operated): $1,281,569.
- Average acquisition loan in Pennsylvania: $1,636,965.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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