Littleton Anytime Fitness
Littleton Anytime Fitness is a fitness and recreational sports center in Littleton, Colorado, classified under NAICS code 713940. The company was financed with an SBA 7(a) loan for a change of ownership of $1 million, approved on August 6, 2024, through IncredibleBank, and is part of the Anytime Fitness franchise.
SBA 7(a) loan, change of ownership, approved Aug 6, 2024
$1,000,000 approvedLender: IncredibleBank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,000,000
- SBA-guaranteed amount
- $750,000 (75% of the approval)
- Lender
- IncredibleBank, Wausau, WI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 6, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $13,493 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 19
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Franchise
- Anytime Fitness
- Project location
- Jefferson County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 51% 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 Colorado: $1,608,658.
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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