WaveMAX Laundry
28
SBA Loans
$20.2M
Total Financed
$722K
Avg Loan Size
—
YoY Loan Growth
How WaveMAX Laundry Compares
- Ranks #54 of 294 Home & Repair Services brands by SBA loan count (#399 of 3,543 overall).
- Its average loan of $722K is 308% above the Home & Repair Services median of $177K.
- Its 0.0% charge-off rate compares to a 2.9% average across all Home & Repair Services brands.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 2 | $612K |
| FY2021 | 8 | $7.4M |
| FY2022 | 5 | $2.9M |
| FY2023 | 4 | $3.5M |
| FY2024 | 2 | $1.7M |
| FY2025 | 3 | $1.4M |
| FY2026 | 4 | $2.7M |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where WaveMAX Laundry Is Getting SBA-Financed
Recent SBA-Financed WaveMAX Laundry Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is WaveMAX Laundry growing or shrinking?
WaveMAX Laundry doesn't have enough SBA loan activity in both FY2025 and FY2026 to calculate a reliable year-over-year trend. For context, it ranks #54 of 294 Home & Repair Services brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a WaveMAX Laundry franchise?
We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $722K (308% above the typical Home & Repair Services brand's $177K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for WaveMAX Laundry?
0 of 28 SBA loans to WaveMAX Laundry franchisees (0.0%) have been charged off since FY2020, compared to 2.9% across all Home & Repair Services brands.
Top SBA Lenders
- Citizens Bank12
- UMB Bank, National Association2
- PlainsCapital Bank2
- The First National Bank of McGregor d/b/a TFNB Your Bank for Life1
- Pinnacle Bank1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset