Main Street Registry

Joy Grauwyler Inc

Irving, TX · Coin-Operated Laundries and Drycleaners · NAICS 812310

Joy Grauwyler Inc is a business in Irving, Texas, in the coin-operated laundries and drycleaners industry. The company was financed with an SBA 7(a) loan for a change of ownership of $750,000, approved on April 21, 2025 by Global One Bank.

SBA 7(a) loan, change of ownership, approved Apr 21, 2025

$750,000 approvedLender: Global One Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$750,000
SBA-guaranteed amount
$562,500 (75% of the approval)
Lender
Global One Bank, Houston, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
10 years (120 months)
Estimated maturity
April 21, 2035 (estimated, approval date plus term)
Estimated monthly payment
$9,400 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 24, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
812310, Coin-Operated Laundries and Drycleaners
Project location
Dallas County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-24
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 29% 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 Texas: $1,944,682.

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 Texas