R and S Laundry Lux LLC
R and S Laundry Lux LLC, located in Mesa, Arizona, operates in the coin-operated laundries and drycleaners industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,110,000, approved on November 25, 2025, through Western Alliance Bank. The loan is associated with a franchise, WaveMAX Laundry.
SBA 7(a) loan, change of ownership, approved Nov 25, 2025
$1,110,000 approvedLender: Western Alliance Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,110,000
- SBA-guaranteed amount
- $832,500 (75% of the approval)
- Lender
- Western Alliance Bank, Phoenix, AZ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $13,762 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 27, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 812310, Coin-Operated Laundries and Drycleaners
- Franchise
- WaveMAX Laundry
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 56% 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 Arizona: $1,690,811.
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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