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HT Fitness 7, LLC

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

HT Fitness 7, LLC is a fitness and recreational sports center in Hutto, TX, operating in the fitness and recreational sports centers industry (NAICS 713940). The company financed real estate or equipment through an SBA 504 loan of $1,126,000 (the SBA portion), approved on December 28, 2023, with The Huntington National Bank as the bank partner and Texas Certified Development Company, Inc. as the certified development company.

SBA 504 loan, approved Dec 28, 2023

$1,126,000 SBA portionCDC: Texas Certified Development Company, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,126,000
Bank portion
$1,644,381
Estimated project size
$3,078,201 (estimated)
Estimated owner equity
$307,820 (estimated, about 10% of the project)
Bank lender
The Huntington National Bank, Columbus, OH
CDC
Texas Certified Development Company, Inc.
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
December 28, 2048 (estimated, approval date plus term)
First disbursement
May 13, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
Williamson County, TX
SBA district office
San Antonio District Office
Congressional district
TX-17
Collateral
Yes

Estimated share of project by source

Bank 53% SBA (CDC) 37% Owner 10%

  • Larger than 12% 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 Texas: $2,316,979.

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