Loan Census Banking News and Information
July 24, 2024  
  Business Loan Information  

How to Get SBA Loans in Van Nuys, California


Loan Census SBA Loan Info

Coin-Operated Laundries and Drycleaners SBA Loans

Looking for SBA loans for coin-operated laundries and drycleaners? Try the SBA. This $150,000 coin-operated laundries and drycleaners loan was issued by a California bank.

This small business knew how to go about getting a business bank loan. Based in Van Nuys, California, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Saehan Bank, based in Los Angeles, California.

SBA Loan Borrower

VAN NUYS, CA 91401

SBA Loan Lender


SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.


812310 - Coin-Operated Laundries and Drycleaners

Loan Approval Date


Loan Approval Gross Amount


Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, if it to be, it is up to me!

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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