Invictus Fitness Hickory LLC
Invictus Fitness Hickory LLC is a fitness and recreational sports center in Hickory, North Carolina, operating under the Workout Anytime franchise. The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $3,172,500, approved by Beacon Bank and Trust on August 18, 2025. The loan has a 120-month term.
SBA 7(a) loan, change of ownership, approved Aug 18, 2025
$3,172,500 approvedLender: Beacon Bank and Trust10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,172,500
- SBA-guaranteed amount
- $2,379,375 (75% of the approval)
- Lender
- Beacon Bank and Trust, Brookline, MA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 18, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $41,487 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 5, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Franchise
- Workout Anytime
- Project location
- Catawba County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 94% 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 North Carolina: $1,952,444.
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 North Carolina
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- Adventure Capitalists, Inc., Raleigh