# Thee Laundry Lounge LLC, Grand Forks ND: $381,000 SBA 504 loan approved 2026-03-13

**Fresh Capital Score:** 40/100

| Field | Value |
|---|---|
| Business | Thee Laundry Lounge LLC |
| Location | Grand Forks, ND, 58201 |
| County | GRAND FORKS |
| Program | SBA 504 |
| Gross approval | $381,000 |
| Approved | 2026-03-13 |
| Lender | Lake Agassiz Certified Development Company |
| Third-party lender | United Valley Bank |
| Term (months) | 300 |
| Industry | Coin-Operated Laundries and Drycleaners |
| NAICS | 812310 |
| Business type | CORPORATION |
| Business age | Startup, Loan Funds will Open Business |
| Jobs supported | 1 |

## Why this score
- Approval of $381,000.
- New business: still buying services and equipment.

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.