Lewis Monroe, LLC
Lewis Monroe, LLC is located in Monroe, WA, and the SBA lists its industry as Fitness and Recreational Sports Centers. It was approved for an SBA 504 loan ($3,590,000 SBA portion) on August 12, 2025 to finance real estate or equipment.
SBA 504 loan, approved Aug 12, 2025
- SBA (CDC) portion
- $3,590,000
- Bank portion
- $4,383,000
- Estimated project size
- $8,858,889 (estimated)
- Estimated owner equity
- $885,889 (estimated, about 10% of the project)
- Bank lender
- Washington Trust Bank, Spokane, WA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 12, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Franchise
- Gold's Gym
- Project location
- Snohomish County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 86% 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 Washington: $2,234,716.
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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