Main Street Registry

Apex Athletics LLC

Farmington, UT · Fitness and Recreational Sports Centers · NAICS 713940

Apex Athletics LLC, located in Farmington, Utah, operates in the fitness and recreational sports centers industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,250,000, approved by Truliant FCU on April 22, 2025. The loan was reported with 5 jobs.

SBA 7(a) loan, change of ownership, approved Apr 22, 2025

$1,250,000 approvedLender: Truliant FCU10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,250,000
SBA-guaranteed amount
$937,500 (75% of the approval)
Lender
Truliant FCU, Winston-Salem, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
April 22, 2035 (estimated, approval date plus term)
Estimated monthly payment
$16,692 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 1, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
Davis County, UT
SBA district office
Utah District Office
Congressional district
UT-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 65% of acquisition loans in Fitness and Recreational Sports Centers on this site.
  • Average acquisition loan in Fitness and Recreational Sports Centers: $1,274,850.
  • Average acquisition loan in Utah: $1,761,092.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Utah