SBA lending record
Hotworx
6207 UNIVERSITY AVE, Cedar Falls, IA 50613 · Fitness and Recreational Sports Centers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$444K
Total SBA financing
1
Loan on record
FY2023
On record
5
Jobs supported
Franchise brand
Hotworx
See Hotworx's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
Is Hotworx your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$444,000 — FY2023
- Gross approval
- $444,000
- SBA guaranteed
- $333,000 (75%)
- Status
- Current
- Rate at approval
- 11.25% v
- Term
- 126 mo (11 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/27/2023
- First disbursement
- 7/6/2023
- Days to fund
- 9 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 5
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Fitness and Recreational Sports Centers
- NAICS code
- 713940
- Franchise
- Hotworx
- Franchise code
- S2031
- Address
- 6207 UNIVERSITY AVE
- City
- Cedar Falls, 50613
- County
- Black Hawk
- SBA district office
- CEDAR RAPIDS BRANCH OFFICE
- Congressional district
- 1
The lender
Newtek Bank, National Association
1 loan to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding fitness and recreational sports centers — by location, industry, and brand.
Other Hotworx locations
Other Hotworx businesses in the public SBA record — closest first, by location and deal size.
Living A Well Life LLC
Cedar Falls, IA· ~0 mi
Hotworx
- $435K
- SBA financing
- ≈ $852K–$1.4M
- Est. revenue (rough)
CC Steff LLC
Iowa City, IA· ~76 mi
Hotworx
- $477K
- SBA financing
- ≈ $935K–$1.6M
- Est. revenue (rough)
Breathe, LLC
Cedar Rapids, IA· ~50 mi
Hotworx
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
Field of Fitness, LLC
Dubuque, IA· ~86 mi
Hotworx
- $424K
- SBA financing
- ≈ $831K–$1.4M
- Est. revenue (rough)
Pope Tedesco Partners LLC
Des Moines, IA· ~90 mi
Hotworx
- $505K
- SBA financing
- ≈ $990K–$1.7M
- Est. revenue (rough)
Living A Fit Life, LLC
North Liberty, IA· ~67 mi
Hotworx
- $603K
- SBA financing
- ≈ $1.2M–$2.0M
- Est. revenue (rough)
Similar businesses
Comparable fitness and recreational sports centers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
LUCKEY LITTLE GYMS LLC
Tiffin, IA· ~68 mi
The Little Gym
- $528K
- SBA financing
- ≈ $1.0M–$1.7M
- Est. revenue (rough)
Los Campeones Iowa LLC
Des Moines, IA· ~85 mi
Los Campeones Gym
- $400K
- SBA financing
- ≈ $784K–$1.3M
- Est. revenue (rough)
Midwest Iron Addicts LLC
Walcott, IA· ~106 mi
Fitness and Recreational Sports Centers
- $450K
- SBA financing
- ≈ $882K–$1.5M
- Est. revenue (rough)
KMG Fitness LLC
Ankeny, IA· ~80 mi
Alloy Personal Traning
- $400K
- SBA financing
- ≈ $784K–$1.3M
- Est. revenue (rough)
Radici Collective LLC
Johnston, IA· ~88 mi
Fitness and Recreational Sports Centers
- $527K
- SBA financing
- ≈ $1.0M–$1.7M
- Est. revenue (rough)
South 12 Co.
Coraville, IA· ~69 mi
Pure Barre
- $355K
- SBA financing
- ≈ $696K–$1.2M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Hotworx in Cedar Falls, IA (Fitness and Recreational Sports Centers). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $444K
- On record FY2023
- 5 jobs supported
- Industry: Fitness and Recreational Sports Centers
- Location: Cedar Falls, IA
- Lender: Newtek Bank, National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Fitness and Recreational Sports Centers businesses in IA for ~$444k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
Is Hotworx your business?
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Hotworx.