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Diamond Lightning Fitness LLC

Austin, TX · Fitness and Recreational Sports Centers · NAICS 713940

Diamond Lightning Fitness LLC is a fitness and recreational sports center in Austin, Texas, classified under NAICS code 713940. The business was financed with an SBA 7(a) loan for a change of ownership totaling $2,090,000, approved by Fifth Third Bank with an approval date of July 27, 2026, and reports 2 jobs and a franchise affiliation with Bodybar Pilates.

SBA 7(a) loan, change of ownership, approved Jul 27, 2026

$2,090,000 approvedLender: Fifth Third Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,090,000
SBA-guaranteed amount
$1,567,500 (75% of the approval)
Lender
Fifth Third Bank, Cincinnati, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
10 years (120 months)
Estimated maturity
July 27, 2036 (estimated, approval date plus term)
Estimated monthly payment
$26,193 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 3, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Franchise
Bodybar Pilates
Project location
Travis County, TX
SBA district office
San Antonio District Office
Congressional district
TX-10
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 84% 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 Texas: $1,944,682.

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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Same industry in Texas