Fresh & Clean Laundry
Fresh & Clean Laundry is located in San Diego, CA, and the SBA lists its industry as Coin-Operated Laundries and Drycleaners. It was approved for an SBA 504 loan ($1,190,000 SBA portion) on October 3, 2024 to finance real estate or equipment.
SBA 504 loan, approved Oct 3, 2024
- SBA (CDC) portion
- $1,190,000
- Bank portion
- $1,464,000
- Estimated project size
- $2,948,889 (estimated)
- Estimated owner equity
- $294,889 (estimated, about 10% of the project)
- Bank lender
- Western Alliance Bank, Phoenix, AZ
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 3, 2049 (estimated, approval date plus term)
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 812310, Coin-Operated Laundries and Drycleaners
- Project location
- San Diego County, CA
- SBA district office
- San Diego District Office
- Congressional district
- CA-51
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 43% of expansion loans in Coin-Operated Laundries and Drycleaners on this site.
- Average expansion loan in Coin-Operated Laundries and Drycleaners: $1,323,429.
- Average expansion loan in California: $2,161,468.
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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Same industry in California
- TC Laundry LLC, San Francisco
- Ghuman Group Laundromats LLC, Merced
- CleanCycle Ventures LLC, Anaheim
- Wishy Washy Laundromat, Los Angeles
- Free Dry Coin Laundry, Lynwood
- 3J Laundry, Los Angeles
- Arleta Coin Laundry LLC, Arleta
- G & N Laundromat LLC, Fresno