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NextCourt Holdings, LLC

Boyds, MD · Fitness and Recreational Sports Centers · NAICS 713940

NextCourt Holdings, LLC is a fitness and recreational sports center located in Boyds, Maryland, classified under NAICS code 713940. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $4.32 million approved by Grasshopper Bank National Association on February 20, 2026. The loan is reported with 21 jobs.

SBA 7(a) loan, change of ownership, approved Feb 20, 2026

$4,320,000 approvedLender: Grasshopper Bank National Association25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,320,000
SBA-guaranteed amount
$3,240,000 (75% of the approval)
Lender
Grasshopper Bank National Association, New York, NY
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
February 20, 2051 (estimated, approval date plus term)
Estimated monthly payment
$35,517 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 28, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
21
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
Montgomery County, MD
SBA district office
Washington District Office
Congressional district
MD-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 98% 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 Maryland: $1,627,337.

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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