Main Street Registry

CADD Investment Group, LLC

York, PA · Drycleaning and Laundry Services (except Coin-Operated) · NAICS 812320

CADD Investment Group, LLC is located in York, PA, and its SBA-published industry is Drycleaning and Laundry Services (except Coin-Operated), NAICS code 812320. The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,282,000, approved on May 14, 2025 by The Bancorp Bank National Association.

SBA 7(a) loan, change of ownership, approved May 14, 2025

$1,282,000 approvedLender: The Bancorp Bank National Association17 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,282,000
SBA-guaranteed amount
$961,500 (75% of the approval)
Lender
The Bancorp Bank National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
17 years (204 months)
Estimated maturity
May 14, 2042 (estimated, approval date plus term)
Estimated monthly payment
$11,901 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 8, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
25
Business type
Corporation
NAICS
812320, Drycleaning and Laundry Services (except Coin-Operated)
Project location
York County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-10
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 67% of acquisition loans in Drycleaning and Laundry Services (except Coin-Operated) on this site.
  • Average acquisition loan in Drycleaning and Laundry Services (except Coin-Operated): $1,281,569.
  • Average acquisition loan in Pennsylvania: $1,636,965.

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 Pennsylvania