SBA lending record

Lets Equity LLC

2139 York Rd Suite 22, Timonium, MD 21093 · Fitness and Recreational Sports Centers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$949K

Total SBA financing

Loans on record

FY2024

On record

Jobs supported

Franchise brand

Stretch Lab

See Stretch Lab'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 2 loans

$486,000 — FY2024

Loan 1 of 2

Gross approval: $486,000
SBA guaranteed: $364,500 (75%)
Status: Current
Rate at approval: 8.75% f
Term: 120 mo (10 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/17/2024
First disbursement: 4/3/2024
Days to fund: 77 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 41
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Fitness and Recreational Sports Centers
NAICS code: 713940
Franchise: Stretch Lab
Franchise code: S3245
Lender: National Bank of Commerce
Address: 2139 York Rd Suite 22
City: Timonium, 21093
County: Baltimore
SBA district office: BALTIMORE DISTRICT OFFICE
Congressional district: 2

$463,000 — FY2024

Loan 2 of 2

Gross approval: $463,000
SBA guaranteed: $347,250 (75%)
Status: Current
Rate at approval: 9.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/17/2024
First disbursement: 9/20/2024
Days to fund: 3 days
Collateral: Required
Jobs supported: 48
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Fitness and Recreational Sports Centers
NAICS code: 713940
Franchise: Stretch Lab
Franchise code: S3245
Lender: National Bank of Commerce
Address: 733 W 40th St, Suite 180
City: Baltimore, 21211
County: Baltimore City
SBA district office: BALTIMORE DISTRICT OFFICE
Congressional district: 3

The lender

National Bank of Commerce

2 loans to this business

Find SBA lenders for businesses like this

The banks most active funding fitness and recreational sports centers — by location, industry, and brand.

SBA lenders in Maryland Lenders for fitness and recreational sports centers Fitness and Recreational Sports Centers lenders in Maryland Stretch Lab lenders Stretch Lab lenders in Maryland

Other Stretch Lab locations

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

Stretch Labs

Virginia Beach, VA· ~182 mi

Stretch Lab

$800K
SBA financing: ≈ $1.6M–$2.6M
Est. revenue (rough)

View record

StretchLab Long Island City

Long Island City, NY· ~167 mi

Stretch Lab

$682K
SBA financing: ≈ $1.3M–$2.2M
Est. revenue (rough)

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Selway Corporation

Gainesville, VA· ~69 mi

Stretch Lab

$310K
SBA financing: ≈ $608K–$1.0M
Est. revenue (rough)

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Almost There LLC

Ridgefield, CT· ~209 mi

Stretch Lab

$774K
SBA financing: ≈ $1.5M–$2.5M
Est. revenue (rough)

View record

Loose & Limber Inc

Newark, DE· ~51 mi

Stretch Lab

$251K
SBA financing: ≈ $492K–$819K
Est. revenue (rough)

View record

True Allies, Inc.

Cary, NC· ~282 mi

Stretch Lab

$650K
SBA financing: ≈ $1.3M–$2.1M
Est. revenue (rough)

View record

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.

Rebounders Gymnastics Inc

Timonium, MD· ~1 mi

Fitness and Recreational Sports Centers

$1.4M
SBA financing: ≈ $2.7M–$4.5M
Est. revenue (rough)

View record

S4 Fitness LLC

Baltimore, MD· ~12 mi

BodyROK

$803K
SBA financing: ≈ $1.6M–$2.6M
Est. revenue (rough)

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Sutton Venture Capital, Inc.

Owings Mills, MD· ~8 mi

Fitness and Recreational Sports Centers

$525K
SBA financing: ≈ $1.0M–$1.7M
Est. revenue (rough)

View record

DAAK Fitness Inc.

Lutherville Timonium, MD· ~1 mi

F45 Training

$460K
SBA financing: ≈ $902K–$1.5M
Est. revenue (rough)

View record

Resistance Cycle

Baltimore, MD· ~11 mi

Fitness and Recreational Sports Centers

$494K
SBA financing: ≈ $969K–$1.6M
Est. revenue (rough)

View record

Gossett BA LLC

Bel Air, MD· ~17 mi

KidStrong

$446K
SBA financing: ≈ $875K–$1.5M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for Lets Equity LLC in Timonium, MD (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.

2 SBA 7(a) loans totaling $949K
On record FY2024
89 jobs supported
Industry: Fitness and Recreational Sports Centers
Location: Timonium, MD
Lender: National Bank of Commerce

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 MD for ~$475k 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/lets-equity-llc-md
API:: https://www.capbench.com/api/public/businesses/lets-equity-llc-md
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.

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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 Lets Equity LLC.