Bodyplex Fitness Winder LLC
Bodyplex Fitness Winder LLC is a fitness and recreational sports center located in Bethlehem, Georgia, and operates under a Bodyplex, Inc. franchise license agreement.
SBA 504 loan, approved Feb 28, 2024
$2,692,000 SBA portionCDC: Capital Partners Certified Development Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,692,000
- Bank portion
- $2,853,000
- Estimated project size
- $6,161,111 (estimated)
- Estimated owner equity
- $616,111 (estimated, about 10% of the project)
- Bank lender
- Impact 504 Fund, LLC, Arlington, VA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- February 28, 2049 (estimated, approval date plus term)
- First disbursement
- May 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Franchise
- Bodyplex, Inc. - License Agreement
- Project location
- Barrow County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-10
- Collateral
- Yes
Estimated share of project by source
Bank 46% SBA (CDC) 44% Owner 10%
- Larger than 72% of expansion loans in Fitness and Recreational Sports Centers on this site.
- Average expansion loan in Fitness and Recreational Sports Centers: $2,194,028.
- Average expansion loan in Georgia: $2,201,121.
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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