Fletcher Laundry Llc

5647 Brookshire Blvd, Charlotte, NC 28216 · Drycleaning and Laundry Services (except Coin-operated) (NAICS 812320)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

4

Total Amount

$6.3M

Jobs Supported

238

Years Active

2025–2025

Loan History (4)

Source: SBA FOIA
7(a)$2,929,000
Exempt
Approved
May 27, 2025 (FY2025)
SBA Guaranteed
$2,196,750 (75%)
Term
300 months (25.0 yrs)
Interest Rate
9.25%
Revolver
0
Jobs Supported
70
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Drycleaning and Laundry Services (except Coin-operated) (NAICS 812320)

Lender

Pinnacle Bank

25 Platform Way S, Ste 101, Nashville, TN 37203

Project Location

Mecklenburg County, NC

7(a)$150,000
Cancelled
Approved
Mar 18, 2025 (FY2025)
SBA Guaranteed
$75,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
9.50%
Revolver
1
Jobs Supported
49
Business Type
Corporation
Business Age
Change of Ownership
Industry
Drycleaning and Laundry Services (except Coin-operated) (NAICS 812320)

Lender

Live Oak Banking Company

1741 Tiburon Dr, Wilmington, NC 28403

Project Location

Mecklenburg County, NC

7(a)$2,985,000
Cancelled
Approved
Mar 18, 2025 (FY2025)
SBA Guaranteed
$2,238,750 (75%)
Term
300 months (25.0 yrs)
Interest Rate
9.25%
Revolver
0
Jobs Supported
49
Business Type
Corporation
Business Age
Change of Ownership
Industry
Drycleaning and Laundry Services (except Coin-operated) (NAICS 812320)

Lender

Live Oak Banking Company

1741 Tiburon Dr, Wilmington, NC 28403

Project Location

Mecklenburg County, NC

7(a)$200,000
Exempt
Approved
May 23, 2025 (FY2025)
SBA Guaranteed
$100,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
9.25%
Revolver
1
Jobs Supported
70
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Drycleaning and Laundry Services (except Coin-operated) (NAICS 812320)

Lender

Pinnacle Bank

25 Platform Way S, Ste 101, Nashville, TN 37203

Project Location

Mecklenburg County, NC

Business Details

Business Type
Corporation
Business Age
New Business or 2 Years or Less
NAICS Code
812320 Drycleaning and Laundry Services (except Coin-operated)
Address
5647 Brookshire Blvd
Charlotte, NC 28216

Lenders

Pinnacle Bank
25 Platform Way S, Ste 101, Nashville, TN 37203
Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403

Other SBA Borrowers in Charlotte

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