SBA lending record

HotWorx

3501 OLEANDER DR, Wilmington, NC 28403 · Marinas. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.7M

Total SBA financing

Loans on record

FY2022–25

On record

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

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All 3 loans

$637,800 — FY2025

Loan 1 of 3

Gross approval: $637,800
SBA guaranteed: $478,350 (75%)
Status: Current
Rate at approval: 9.75% v
Term: 127 mo (11 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 2/12/2025
First disbursement: 3/25/2025
Days to fund: 41 days
Collateral: Required
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
Lender: First Bank
Address: 2035 Flower Dr., Ste 3&4
City: Winterville, 28590
County: Pitt
SBA district office: NORTH CAROLINA DISTRICT OFFICE
Congressional district: 1

$572,000 — FY2023

Loan 2 of 3

Gross approval: $572,000
SBA guaranteed: $429,000 (75%)
Status: Current
Rate at approval: 9.25% v
Term: 126 mo (11 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/23/2022
First disbursement: 2/10/2023
Days to fund: 49 days
Collateral: Required
Jobs supported: 9
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Fitness and Recreational Sports Centers
NAICS code: 713940
Franchise: Hotworx
Franchise code: S2031
Lender: Bank of Oak Ridge
Address: 121 Edinburgh South
City: Cary, 27511
County: Wake
SBA district office: NORTH CAROLINA DISTRICT OFFICE
Congressional district: 2

$450,000 — FY2022

Loan 3 of 3

Gross approval: $450,000
SBA guaranteed: $337,500 (75%)
Status: Current
Rate at approval: 6.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/6/2022
First disbursement: 5/25/2022
Days to fund: 19 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 7
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Marinas
NAICS code: 713930
Franchise: Hotworx
Franchise code: S2031
Lender: Live Oak Banking Company
Address: 3501 OLEANDER DR
City: Wilmington, 28403
County: New Hanover
SBA district office: NORTH CAROLINA DISTRICT OFFICE
Congressional district: 7

The lenders

Find SBA lenders for businesses like this

The banks most active funding marinas — by location, industry, and brand.

SBA lenders in North Carolina Lenders for marinas Marinas lenders in North Carolina Hotworx lenders Hotworx lenders in North Carolina

Other Hotworx locations

Other Hotworx businesses in the public SBA record — closest first, by location and deal size.

B & B Health Solutions LLC

Leland, NC· ~11 mi

Hotworx

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

View record

OCD Fitness, Inc

Wilmington, NC· ~5 mi

Hotworx

$305K
SBA financing: ≈ $598K–$997K
Est. revenue (rough)

View record

Hotworx Surf City

Surf City, NC· ~25 mi

Hotworx

$816K
SBA financing: ≈ $1.6M–$2.7M
Est. revenue (rough)

View record

Legacy Worx Inc.

Wilmington, NC· ~5 mi

Hotworx

$348K
SBA financing: ≈ $682K–$1.1M
Est. revenue (rough)

View record

VCB Studios Corp.

Jacksonville, NC· ~45 mi

Hotworx

$465K
SBA financing: ≈ $912K–$1.5M
Est. revenue (rough)

View record

Exit Strategy Holdings, LLC

Livingston, NJ

Hotworx

$666K
SBA financing: ≈ $1.3M–$2.2M
Est. revenue (rough)

View record

Similar businesses

Comparable marinas in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

River Forest Marina Inc

Belhaven, NC· ~117 mi

Marinas

$3.0M
SBA financing: ≈ $5.8M–$9.6M
Est. revenue (rough)

View record

High ZZeazzz, Inc

Belhaven, NC· ~120 mi

Marinas

$936K
SBA financing: ≈ $1.8M–$3.1M
Est. revenue (rough)

View record

THE BOATYARD

Running Springs, CA· ~2226 mi

Marinas

$2.3M
SBA financing: ≈ $4.6M–$7.6M
Est. revenue (rough)

View record

The Twin Hill Marina, LLC

Bridgeport, TX· ~1147 mi

Marinas

$2.5M
SBA financing: ≈ $4.9M–$8.1M
Est. revenue (rough)

View record

Cove Ridge Holdings, LLC

Butler, TN· ~276 mi

Marinas

$3.5M
SBA financing: ≈ $6.9M–$12M
Est. revenue (rough)

View record

Bo's at Indian River Marina, LLC

Jacksboro, TN· ~380 mi

Marinas

$3.6M
SBA financing: ≈ $7.1M–$12M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for HotWorx in Wilmington, NC (Marinas). 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.

3 SBA 7(a) loans totaling $1.7M
On record FY2022–25
21 jobs supported
Industry: Marinas
Location: Wilmington, NC
Lenders: Live Oak Banking Company, Bank of Oak Ridge, First Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Marinas businesses in NC for ~$553k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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.
Canonical:: https://www.capbench.com/businesses/hotworx-nc
API:: https://www.capbench.com/api/public/businesses/hotworx-nc
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.

HotWorx

All 3 loans

$637,800 — FY2025

$572,000 — FY2023

$450,000 — FY2022

The lenders

Live Oak Banking Company

Bank of Oak Ridge

First Bank

Find SBA lenders for businesses like this

Other Hotworx locations

Similar businesses

Agent summary