Bluegrass Fit for Life LLC
Bluegrass Fit for Life LLC is a fitness and recreational sports center located in Ft Mitchell, Kentucky, classified under NAICS code 713940. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1,085,000 from Heritage Bank Inc, with an approval date of July 2, 2026. The business is listed as a franchise of Burn Boot Camp Fitness.
SBA 7(a) loan, change of ownership, approved Jul 2, 2026
$1,085,000 approvedLender: Heritage Bank Inc10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,085,000
- SBA-guaranteed amount
- $813,750 (75% of the approval)
- Lender
- Heritage Bank Inc, Burlington, KY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 2, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $14,040 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 20, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Franchise
- Burn Boot Camp Fitness
- Project location
- Kenton County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 55% 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 Kentucky: $1,988,993.
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.
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