Arway Apron and Uniform Rentals Inc.

1696 Foulkrod St, Philadelphia, PA 19124 · Industrial Launderers (NAICS 812332)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

5

Total Amount

$7.8M

Jobs Supported

533

Years Active

2012–2023

Loan History (5)

Source: SBA FOIA
7(a)$3,702,000
Exempt
Approved
Mar 31, 2023 (FY2023)
SBA Guaranteed
$2,776,500 (75%)
Term
312 months (26.0 yrs)
Interest Rate
9.25%
Revolver
0
Jobs Supported
138
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Industrial Launderers (NAICS 812332)

Lender

Quaint Oak Bank

501 Knowles Ave, Southampton, PA 18966

Project Location

Philadelphia County, PA

7(a)$1,950,000
Paid in Full
Approved
Oct 2, 2014 (FY2015)
SBA Guaranteed
$1,462,500 (75%)
Term
120 months (10.0 yrs)
Interest Rate
5.50%
Revolver
0
Jobs Supported
100
Business Type
Corporation
Industry
Linen Supply (NAICS 812331)
Paid in Full
Feb 28, 2017

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Philadelphia County, PA

7(a)$350,000
Paid in Full
Approved
Oct 2, 2014 (FY2015)
SBA Guaranteed
$175,000 (50%)
Term
84 months (7.0 yrs)
Interest Rate
5.25%
Revolver
1
Jobs Supported
100
Business Type
Corporation
Industry
Linen Supply (NAICS 812331)
Paid in Full
Jan 31, 2017

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Philadelphia County, PA

7(a)$150,000
Cancelled
Approved
Oct 2, 2014 (FY2015)
SBA Guaranteed
$112,500 (75%)
Term
180 months (15.0 yrs)
Interest Rate
5.50%
Revolver
0
Jobs Supported
100
Business Type
Corporation
Industry
Linen Supply (NAICS 812331)

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Philadelphia County, PA

7(a)$1,600,000
Paid in Full
Approved
Dec 9, 2011 (FY2012)
SBA Guaranteed
$1,200,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
5.00%
Revolver
0
Jobs Supported
95
Business Type
Corporation
Industry
Linen Supply (NAICS 812331)
Paid in Full
Oct 31, 2014

Lender

The Bank of Princeton

183 Bayard Lane, Princeton, NJ 8540

Project Location

Philadelphia County, PA

Business Details

Business Type
Corporation
Business Age
New Business or 2 Years or Less
NAICS Code
812332 Industrial Launderers
Address
1696 Foulkrod St
Philadelphia, PA 19124

Lenders

Quaint Oak Bank
501 Knowles Ave, Southampton, PA 18966
Truist Bank
214 N Tryon St, Charlotte, NC 28202
The Bank of Princeton
183 Bayard Lane, Princeton, NJ 8540

Other SBA Borrowers in Philadelphia

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