Jalil and Salah Investment LLC
Jalil and Salah Investment LLC is a coin-operated laundry and drycleaner located in Decatur, GA. The company was financed with an SBA 7(a) loan for a change of ownership of $597,000 from PCB Bank, with approval dated April 3, 2025.
SBA 7(a) loan, change of ownership, approved Apr 3, 2025
$597,000 approvedLender: PCB Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $597,000
- SBA-guaranteed amount
- $447,750 (75% of the approval)
- Lender
- PCB Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 3, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,725 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 812310, Coin-Operated Laundries and Drycleaners
- Project location
- Dekalb County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 17% of acquisition loans in Coin-Operated Laundries and Drycleaners on this site.
- Average acquisition loan in Coin-Operated Laundries and Drycleaners: $1,337,074.
- Average acquisition loan in Georgia: $2,017,638.
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 Georgia
- Laundry Clean Ltd. Co., Fayetteville
- Coinlucky27, Inc, Riverdale
- Swift Street Laundry and Auto Spa LLC, Perry