Main Street Registry

Ghuman Group Laundromats LLC

Merced, CA · Coin-Operated Laundries and Drycleaners · NAICS 812310

Ghuman Group Laundromats LLC is located in Merced, California, and operates in the coin-operated laundries and drycleaners industry (NAICS 812310). The company was financed with an SBA 7(a) loan for a change of ownership of $1,260,000, approved on September 9, 2026, through Zions Bancorporation, National Association.

SBA 7(a) loan, change of ownership, approved Sep 9, 2026

$1,260,000 approvedLender: Zions Bancorporation, National Association10 years termCommitted, not fully disbursedLoan details
Gross approval
$1,260,000
SBA-guaranteed amount
$945,000 (75% of the approval)
Lender
Zions Bancorporation, National Association, Salt Lake City, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7%, variable
Term
10 years (120 months)
Estimated maturity
September 9, 2036 (estimated, approval date plus term)
Estimated monthly payment
$14,630 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
5
Business type
Corporation
NAICS
812310, Coin-Operated Laundries and Drycleaners
Project location
Merced County, CA
SBA district office
Fresno District Office
Congressional district
CA-16
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 65% of acquisition loans in Coin-Operated Laundries and Drycleaners on this site.
  • Average acquisition loan in Coin-Operated Laundries and Drycleaners: $1,337,074.
  • Average acquisition loan in California: $1,688,228.

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