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Saje Fitness LLC

Syracuse, NY · Fitness and Recreational Sports Centers · NAICS 713940

Saje Fitness LLC is a fitness and recreational sports center located in Syracuse, New York, and is listed as a Club Pilates franchise. The company was financed with an SBA 7(a) loan for a change of ownership of $500,000, approved by Live Oak Banking Company with an approval date of September 11, 2026.

SBA 7(a) loan, change of ownership, approved Sep 11, 2026

$500,000 approvedLender: Live Oak Banking Company10 years termCommitted, not fully disbursedLoan details
Gross approval
$500,000
SBA-guaranteed amount
$250,000 (50% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
September 11, 2036 (estimated, approval date plus term)
Estimated monthly payment
$6,539 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
34
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Franchise
Club Pilates
Project location
Onondaga County, NY
SBA district office
Syracuse District Office
Congressional district
NY-24
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Average acquisition loan in Fitness and Recreational Sports Centers: $1,274,850.
  • Average acquisition loan in New York: $1,771,512.

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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Same industry in New York