Morales Movement & Wellness LLC
Morales Movement & Wellness LLC, located in Floyds Knobs, Indiana, operates in the fitness and recreational sports centers industry. The company was financed with an SBA 7(a) loan for a change of ownership, approved in August 2026 for $652,500 by German American Bank, and the business is a franchise of Anytime Fitness.
SBA 7(a) loan, change of ownership, approved Aug 19, 2026
$652,500 approvedLender: German American Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $652,500
- SBA-guaranteed amount
- $489,375 (75% of the approval)
- Lender
- German American Bank, Jasper, IN
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 7.5%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- August 19, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $7,745 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 30, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Franchise
- Anytime Fitness
- Project location
- Floyd County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 22% 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 Indiana: $1,995,900.
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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