SBA Loans for WaveMAX Laundry Franchises
Who actually funds WaveMAX Laundry SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2026.
Top lenders funding WaveMAX Laundry SBA loans
Ranked by number of WaveMAX Laundry 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Citizens Bank | 12 | $10.0M | $830K |
| 2 | UMB Bank, National Association | 2 | $885K | $443K |
| 2 | PlainsCapital Bank | 2 | $846K | $423K |
| 4 | Frost Bank | 1 | $250K | $250K |
| 4 | Hanmi Bank | 1 | $843K | $843K |
| 4 | Minnwest Bank | 1 | $650K | $650K |
| 4 | Old National Bank | 1 | $964K | $964K |
| 4 | SouthState Bank, National Association | 1 | $955K | $955K |
| 4 | U.S. Bank, National Association | 1 | $574K | $574K |
| 4 | Bridgewater Bank | 1 | $520K | $520K |
| 4 | Western Alliance Bank | 1 | $1.1M | $1.1M |
| 4 | Fifth Third Bank | 1 | $710K | $710K |
| 4 | First Port City Bank | 1 | $1.3M | $1.3M |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved WaveMAX Laundry loan in this period, ranked by loan count.
WaveMAX Laundry SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| TX | 7 | $5.1M | $732K |
| CO | 4 | $2.3M | $566K |
| AZ | 2 | $2.2M | $1.1M |
| OH | 3 | $1.6M | $531K |
| FL | 1 | $1.3M | $1.3M |
| MN | 2 | $1.2M | $585K |
| CT | 1 | $1.2M | $1.2M |
| MI | 1 | $978K | $978K |
| ND | 1 | $964K | $964K |
| IL | 2 | $963K | $482K |
| NC | 1 | $955K | $955K |
| UT | 1 | $855K | $855K |
WaveMAX Laundry SBA loans by year
How WaveMAX Laundry SBA loans have performed
Outcomes for every funded WaveMAX Laundry 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.
Source: SBA FOIA 7(a) loan-level data. Defaulted means the SBA purchased the guaranty (charged off, or purchased and not yet charged off). Recent loans have had less time to default, and small loan counts swing widely, so one or two loans can move these percentages a lot.
SBA lender notes for WaveMAX Laundryfrom the SBA Franchise Directory
1. When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Rider to Lease Agreement and Landlords Agreement may not be executed. 2. Lender/CDC must ensure that obtain the correct lien position on all collateral as required pursuant to the SOP 50 10.
How to use this
The lenders above have actually closed SBA 7(a) loans for WaveMAX Laundry franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.
A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in, and we match your WaveMAX Laundry deal to a lender currently funding this brand.
Financing a WaveMAX Laundry franchise?
We know which lenders are actively funding WaveMAX Laundry deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).