NAICS 812332 · Other Services
SBA loans for industrial launderers
105 SBA loans worth $98.8M have been approved in this industry since FY2010 - the #677 most-financed NAICS code in the country.
Median loan
$350,000
+94% vs all industries
Typical range
$25K-$3.2M
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
10 yr
Charge-off rate
11.6%
vs 7.6% all industries
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Most active in this industry
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Bank of Hope | 3 | $7.3M | |
| Pinnacle Bank | 1 | $5.0M | |
| Fifth Third Bank | 1 | $5.0M | |
| Dime Commercial Bank | 3 | $4.8M | |
| Fremont Bank | 1 | $4.3M | |
| Truist Bank | 2 | $4.3M | |
| Sound Credit Union | 1 | $4.2M | |
| Fulton Bank | 2 | $4.1M | |
| Quaint Oak Bank | 1 | $3.7M | |
| German American Bank | 1 | $3.5M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 13 | |
| Ohio | 11 | |
| New York | 11 | |
| Florida | 7 | |
| New Jersey | 7 | |
| Kentucky | 6 | |
| Missouri | 5 | |
| Michigan | 4 |
Approvals by fiscal year
’10
’11
’12
’13
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K17%
- $50K - $150K15%
- $150K - $350K15%
- $350K - $1M28%
- $1M - $2M5%
- Over $2M20%
Nearby
Other other services industries
General Automotive Repair16,083 · $190,000Beauty Salons14,068 · $85,000Other Personal Care Services7,830 · $175,000All Other Personal Services7,488 · $144,000Pet Care (except Veterinary) Services6,530 · $195,850Car Washes5,876 · $773,000Automotive Body, Paint, and Interior Repair and Maintenance5,872 · $240,000Drycleaning and Laundry Services3,976 · $200,000
Common questions
- How much do SBA lenders typically lend to a industrial launderers business?
- The median SBA approval in NAICS 812332 is $350,000, with the middle 80% of loans between $25,000 and $3,200,000. Across all industries the median is $180,000.
- Which lenders are most active in industrial launderers?
- By dollars approved: Bank of Hope, Pinnacle Bank, Fifth Third Bank, Dime Commercial Bank, Fremont Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
- Is industrial launderers considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 11.6% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.