Oak Forest Gymnastics LLC
Oak Forest Gymnastics LLC is a fitness and recreational sports center located in Annville, Pennsylvania. The business was financed with an SBA 7(a) loan for a change of ownership totaling $3,101,000, approved on September 23, 2026 by Fulton Bank, National Association.
SBA 7(a) loan, change of ownership, approved Sep 23, 2026
$3,101,000 approvedLender: Fulton Bank, National Association25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $3,101,000
- SBA-guaranteed amount
- $2,325,750 (75% of the approval)
- Lender
- Fulton Bank, National Association, Lancaster, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 23, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $26,556 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Project location
- Lebanon County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 93% 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 Pennsylvania: $1,636,965.
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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