SBA lending record
Magnetite Strength LLC
10875 N Michigan, Zionsville, IN 46077 · Fitness and Recreational Sports Centers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$220K
Total SBA financing
1
Loan on record
FY2022
On record
3
Jobs supported
Franchise brand
Starting Strength
See Starting Strength'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 Magnetite Strength LLC your business?
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The loan
$220,000 — FY2022
- Gross approval
- $220,000
- SBA guaranteed
- $165,000 (75%)
- Status
- Cancelled
- Rate at approval
- 7.25% v
- Term
- 84 mo (7 yr)
- Program
- Community Advantage Initiative
- Subprogram
- Community Advantage Initiative
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/10/2022
- Collateral
- Required
- Jobs supported
- 3
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
- NAICS code
- 713940
- Franchise
- Starting Strength
- Franchise code
- S3422
- Address
- 10875 N Michigan
- City
- Zionsville, 46077
- County
- Hamilton
- SBA district office
- INDIANA DISTRICT OFFICE
- Congressional district
- 4
The lender
Find SBA lenders for businesses like this
The banks most active funding fitness and recreational sports centers — by location, industry, and brand.
Other Starting Strength locations
Other Starting Strength businesses in the public SBA record — closest first, by location and deal size.
Strength for the People, LLC
West Chester, OH· ~108 mi
Starting Strength
- $280K
- SBA financing
- ≈ $549K–$915K
- Est. revenue (rough)
Acme Strength LLC
Dublin, OH· ~165 mi
Starting Strength
- $348K
- SBA financing
- ≈ $682K–$1.1M
- Est. revenue (rough)
Starting Strength Chicago
Chicago, IL· ~158 mi
Starting Strength
- $100K
- SBA financing
- ≈ $196K–$327K
- Est. revenue (rough)
LEMSUH VENTURES LLC
Wynnewood, PA· ~580 mi
Starting Strength
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
Edmond Strength Systems, LLC
Oklahoma City, OK· ~696 mi
Starting Strength
- $270K
- SBA financing
- ≈ $529K–$882K
- Est. revenue (rough)
The Magic City Strength Company LLC
Hoover, AL· ~453 mi
Starting Strength
- $400K
- SBA financing
- ≈ $784K–$1.3M
- 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.
BMEC LLC
Indianapolis, IN· ~5 mi
Burn Boot Camp Fitness
- $260K
- SBA financing
- ≈ $510K–$850K
- Est. revenue (rough)
MCM Stretching Carmel, LLC
Carmel, IN· ~7 mi
StretchMed
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
MASTER HARE LLC
Westfield, IN· ~7 mi
Fitness and Recreational Sports Centers
- $299K
- SBA financing
- ≈ $586K–$976K
- Est. revenue (rough)
Stalare Enterprises LLC
Westfield, IN· ~7 mi
Fitness and Recreational Sports Centers
- $162K
- SBA financing
- ≈ $318K–$531K
- Est. revenue (rough)
V & B Ventures, Incorporated
Carmel, IN· ~7 mi
Stretch Lab
- $240K
- SBA financing
- ≈ $471K–$784K
- Est. revenue (rough)
L SQUARED WELLNESS LLC
Carmel, IN· ~4 mi
Physique 57
- $346K
- SBA financing
- ≈ $679K–$1.1M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Magnetite Strength LLC in Zionsville, IN (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 $220K
- On record FY2022
- 3 jobs supported
- Industry: Fitness and Recreational Sports Centers
- Location: Zionsville, IN
- Lender: Flagship Enterprise Center, Inc. (dba Bankable)
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 IN for ~$220k 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 2026-06-19.
- 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.
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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 Magnetite Strength LLC.