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Gold's Gym Hollister

Hollister, CA · Fitness and Recreational Sports Centers · NAICS 713940

Gold's Gym Hollister is a fitness and recreational sports center in Hollister, California, classified under NAICS code 713940. The company financed real estate or equipment through an SBA 504 loan of $1,273,000, with a total project amount of $1,395,000, approved on December 22, 2023. West Coast Community Bank served as the lender, with Business Finance Capital as the certified development company.

SBA 504 loan, approved Dec 22, 2023

$1,273,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,273,000
Bank portion
$1,395,000
Estimated project size
$2,964,444 (estimated)
Estimated owner equity
$296,444 (estimated, about 10% of the project)
Bank lender
West Coast Community Bank, Santa Cruz, CA
CDC
Business Finance Capital
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
December 22, 2048 (estimated, approval date plus term)
First disbursement
May 15, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
San Benito County, CA
SBA district office
Fresno District Office
Congressional district
CA-19
Collateral
Yes

Estimated share of project by source

Bank 47% SBA (CDC) 43% Owner 10%

  • Larger than 26% 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 California: $2,161,468.

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 California