SBA Lender Recommendations & Loan Size Guidance – Dry Cleaning Drop Store in DC
August 26, 2025
by a searcher from Brigham Young University - Marriott School of Management in Lehi, UT, USA
I’m in the process of putting together an offer on a dry cleaning drop store in Washington, D.C. (no plant, just a drop store). Purchase price is likely to be in the $120K–$150K range, with seller financing as a possibility.
I’m exploring SBA 7(a) financing options but I’m running into some mixed information around minimum SBA loan sizes – Is there a practical floor where banks won’t bother with a 7(a)?
Local SBA lenders – Does anyone have recommendations for PLP (Preferred Lender Program) banks or SBA-focused lenders in DC (or Utah) who are responsive and comfortable with smaller loan amounts?
I’d appreciate any warm lender introductions or insights from folks who’ve financed smaller main street acquisitions with SBA.
Thanks in advance!
from University of Southern California in Los Angeles, CA, USA
in Raleigh, NC, USA