Main Street Registry

Fit N' Fun Educational Center

Tempe, AZ · Elementary and Secondary Schools · NAICS 611110

Fit N' Fun Educational Center is an elementary and secondary school located in Tempe, Arizona, in the NAICS category for Elementary and Secondary Schools. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $650,000, approved by Midwest Regional Bank on September 24, 2025.

SBA 7(a) loan, change of ownership, approved Sep 24, 2025

$650,000 approvedLender: Midwest Regional Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$650,000
SBA-guaranteed amount
$487,500 (75% of the approval)
Lender
Midwest Regional Bank, Festus, MO
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
September 24, 2035 (estimated, approval date plus term)
Estimated monthly payment
$8,680 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
41
Business type
Corporation
NAICS
611110, Elementary and Secondary Schools
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-09
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Average acquisition loan in Elementary and Secondary Schools: $1,451,500.
  • Average acquisition loan in Arizona: $1,690,811.

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 Arizona