BlogRankingIndustryBest Dry Cleaners SBA Lenders of 2026

Best Dry Cleaners SBA Lenders of 2026

February 2, 2026
Industry, Ranking
5 min read

Best Drycleaning and Laundry Services SBA Lenders of 2026

$109.4M
Total Funded

221
Loans Approved

$495K
Avg Loan Size

9.92%
Avg Interest Rate

86
Active Lenders

SBA Loans for Drycleaning and Laundry Services Businesses

The Dry Cleaners industry received $109.4M in SBA 7(a) loans across 221 businesses in 2025. With 86 lenders actively funding this industry, finding the right bank can make a significant difference in your rates and approval odds.

Working with an experienced SBA loan broker who understands the Drycleaning and Laundry Services industry can help you access lenders that specialize in your business type.

💡 Key Insight: The average SBA loan for Drycleaning and Laundry Services businesses is $495K with an average rate of 9.92%. Lenders who specialize in this industry often offer better terms and faster approvals.

SBA Loans by Business Type

Here’s how SBA 7(a) loans break down for Drycleaning and Laundry Services businesses by business stage:

🚀 Startups
31%
$28.1M • 69 loans

🏢 Existing Businesses
41%
$38.3M • 91 loans

🔄 Business Acquisitions
28%
$43.0M • 61 loans

Top 50 SBA Lenders for Drycleaning and Laundry Services (2025)

These are the banks that funded the most SBA 7(a) loan volume to Drycleaning and Laundry Services businesses, ranked by total volume:

Rank Lender Volume Loans Avg Rate
1 Live Oak Banking Company $10.1M 9 9.44%
2 Newtek Bank, National Association $6.9M 11 11.14%
3 Woori America Bank $6.2M 12 9.23%
4 Security National Bank of Omaha $3.6M 1 9.75%
5 Lendistry SBLC, LLC $3.3M 7 11.61%
6 Pinnacle Bank $3.1M 2 9.25%
7 Byline Bank $3.1M 4 10.56%
8 Bank of Hope $2.7M 10 9.38%
9 First Bank of the Lake $2.7M 3 10.75%
10 Readycap Lending, LLC $2.7M 3 9.92%
11 The Huntington National Bank $2.5M 12 9.67%
12 Celtic Bank Corporation $2.5M 7 10.07%
13 Hancock Whitney Bank $2.4M 2 9.00%
14 First Internet Bank of Indiana $2.4M 2 10.25%
15 The Bancorp Bank National Association $2.0M 2 8.50%
16 Centier Bank $1.9M 1 7.75%
17 TD Bank, National Association $1.9M 7 9.99%
18 Hanmi Bank $1.9M 5 9.35%
19 Bank of America, National Association $1.9M 2 9.20%
20 Midwest Regional Bank $1.8M 2 10.13%
21 VelocitySBA, LLC $1.8M 1 9.50%
22 Loyal Trust Bank $1.8M 4 9.81%
23 PromiseOne Bank $1.6M 3 8.67%
24 Tradition Capital Bank $1.6M 1 9.75%
25 NewBank $1.6M 2 8.75%
26 KeyBank National Association $1.5M 2 9.50%
27 United FCU $1.5M 2 9.13%
28 Valley National Bank $1.4M 1 9.50%
29 CIBC Bank USA $1.4M 4 9.63%
30 Harvest Small Business Finance, LLC $1.3M 1 9.50%
31 Manufacturers and Traders Trust Company $1.3M 14 11.77%
32 First National Bank of Pennsylvania $1.3M 1 8.00%
33 First Liberty Bank $1.2M 1 10.25%
34 Northeast Bank $1.1M 11 11.07%
35 Wallis Bank $1.1M 1 9.00%
36 Brookline Bank, a Division of Beacon Bank and Trust $1.1M 1 9.75%
37 Exchange Bank $1.1M 1 9.75%
38 DFCU Financial $1.0M 1 9.50%
39 Merchants Bank of Indiana $1.0M 2 9.63%
40 New Millennium Bank $920K 3 9.00%
41 Community Trust Bank, Inc. $882K 1 7.50%
42 United Midwest Savings Bank National Association $869K 2 10.25%
43 BayFirst National Bank $784K 4 11.81%
44 Stellar Bank $776K 2 9.13%
45 Citizens Bank, National Association $723K 2 10.25%
46 Preferred Bank $676K 1 9.00%
47 Wells Fargo Bank National Association $668K 2 10.35%
48 Wilmington Savings Fund Society FSB $644K 3 9.67%
49 Southwestern National Bank $640K 1 9.50%
50 State Bank of the Lakes, National Association $600K 1 6.68%

🚀 Best Lenders for Drycleaning and Laundry Services Startups

Starting a new drycleaning and laundry services business? These lenders funded the most startup loans in this industry:

Rank Lender Startup Volume Loans Avg Rate
1 Pinnacle Bank $3.1M 2 9.25%
2 First Bank of the Lake $2.6M 2 9.38%
3 First Internet Bank of Indiana $2.4M 2 10.25%
4 Bank of Hope $2.3M 6 9.13%
5 The Huntington National Bank $1.3M 4 9.88%
6 Woori America Bank $1.3M 6 9.17%
7 First National Bank of Pennsylvania $1.3M 1 8.00%
8 First Liberty Bank $1.2M 1 10.25%
9 Manufacturers and Traders Trust Company $1.1M 10 11.55%
10 Wallis Bank $1.1M 1 9.00%

🔄 Best Lenders for Drycleaning and Laundry Services Acquisitions

Looking to buy an existing drycleaning and laundry services business? These lenders specialize in acquisition financing:

Rank Lender Acquisition Volume Loans Avg Rate
1 Live Oak Banking Company $3.7M 3 9.50%
2 Lendistry SBLC, LLC $2.5M 2 9.88%
3 Hancock Whitney Bank $2.4M 2 9.00%
4 Readycap Lending, LLC $2.2M 2 9.88%
5 Byline Bank $2.2M 2 11.13%
6 The Bancorp Bank National Association $2.0M 2 8.50%
7 Centier Bank $1.9M 1 7.75%
8 Hanmi Bank $1.9M 5 9.35%
9 VelocitySBA, LLC $1.8M 1 9.50%
10 TD Bank, National Association $1.7M 1 7.14%

🏢 Best Lenders for Existing Drycleaning and Laundry Services Businesses

Already running an established drycleaning and laundry services business? These lenders have funded the most loans to existing businesses in your industry:

Rank Lender Volume Loans Avg Rate
1 Live Oak Banking Company $5.8M 5 9.20%
2 Newtek Bank, National Association $4.8M 7 11.50%
3 Woori America Bank $4.2M 4 9.31%
4 Security National Bank of Omaha $3.6M 1 9.75%
5 Bank of America, National Association $1.9M 2 9.20%
6 Midwest Regional Bank $1.6M 1 10.50%
7 NewBank $1.6M 2 8.75%
8 KeyBank National Association $1.5M 2 9.50%
9 Harvest Small Business Finance, LLC $1.3M 1 9.50%
10 Northeast Bank $1.1M 11 11.07%

Top States for Drycleaning and Laundry Services SBA Loans

Here are the states with the highest SBA lending volume for Drycleaning and Laundry Services businesses:

Rank State Volume Loans
1 Texas $18.1M 24
2 California $17.2M 26
3 Florida $9.1M 15
4 Colorado $8.7M 13
5 Pennsylvania $7.4M 14
6 New York $7.1M 26
7 North Carolina $6.5M 5
8 Georgia $6.2M 12
9 Illinois $4.8M 16
10 Maryland $4.4M 7
11 Massachusetts $2.5M 4
12 New Mexico $2.4M 4
13 Washington $2.4M 2
14 New Jersey $1.6M 10
15 Minnesota $1.2M 6
16 Michigan $1.1M 2
17 District of Columbia $1.1M 6
18 Arizona $1.0M 4
19 Nevada $913K 4
20 Ohio $886K 3
21 Kentucky $882K 1
22 Virginia $749K 4
23 Indiana $635K 2
24 Connecticut $600K 1
25 Wisconsin $486K 2
26 Kansas $435K 1
27 Missouri $368K 1
28 Maine $250K 1
29 Virgin Islands $150K 1
30 Arkansas $135K 1
31 South Carolina $128K 1
32 Puerto Rico $30K 2

Top Cities for Drycleaning and Laundry Services SBA Loans

Charlotte, Nc

$6.5M
Volume

5
Loans

Grand Junction, Co

$5.5M
Volume

4
Loans

Northridge, Ca

$4.1M
Volume

1
Loans

Dallas, Tx

$4.1M
Volume

2
Loans

Los Alamitos, Ca

$2.6M
Volume

1
Loans

Chicago, Il

$2.6M
Volume

9
Loans

Plano, Tx

$2.5M
Volume

2
Loans

Pensacola, Fl

$2.4M
Volume

2
Loans

Sarasota, Fl

$2.4M
Volume

4
Loans

Pasco, Wa

$2.4M
Volume

2
Loans

Carlisle, Pa

$1.9M
Volume

1
Loans

Suwanee, Ga

$1.9M
Volume

1
Loans

Essex, Ma

$1.8M
Volume

1
Loans

Rowlett, Tx

$1.8M
Volume

1
Loans

Aurora, Co

$1.8M
Volume

4
Loans

Atlanta, Ga

$1.7M
Volume

4
Loans

🤝 Why Use an SBA Broker for Drycleaning and Laundry Services Loans?

GoSBA Loans has extensive experience financing Drycleaning and Laundry Services businesses:

  • Industry expertise — we know which lenders specialize in Drycleaning and Laundry Services
  • Access to 86+ lenders — including banks that don’t accept direct applications
  • Better rates — our relationships help secure competitive terms
  • Faster approvals — proper preparation leads to quicker decisions
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Drycleaning and Laundry Services SBA Loan

Our team specializes in SBA financing for Drycleaning and Laundry Services businesses. Let us match you with the right lender for your specific needs.

Need SBA financing for your Drycleaning and Laundry Services business? GoSBA Loans specializes in SBA loans for Drycleaning and Laundry Services businesses. Contact our industry specialists today for a free consultation.

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http://gosbaloans.com

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.

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