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SBA lending record

R & M PROJECTS LLC

703 BELLANGEE AVE, Fairhope, AL 36532 · Fitness and Recreational Sports Centers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$25K

Total SBA financing

1

Loan on record

FY2023

On record

2

Jobs supported

business — business location is the ZIP-area centroid from the public record

Is R & M PROJECTS LLC 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

$25,000 — FY2023

Gross approval
$25,000
SBA guaranteed
$12,500 (50%)
Status
Paid in full
Rate at approval
13% v
Term
103 mo (9 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
1/25/2023
First disbursement
1/29/2023
Days to fund
4 days
Paid in full
11/30/2025
Charged off
8/21/2024
Charge-off amount
$24,468
Collateral
None
Jobs supported
2
Business type
Corporation
Business age
New Business or 2 years or less
Industry
Fitness and Recreational Sports Centers
NAICS code
713940
Address
703 BELLANGEE AVE
City
Fairhope, 36532
County
Baldwin
SBA district office
ALABAMA DISTRICT OFFICE
Congressional district
1

The lender

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

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.

Agent summary

This page summarizes the public SBA 7(a) lending record for R & M PROJECTS LLC in Fairhope, AL (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 $25K
  • On record FY2023
  • 2 jobs supported
  • Industry: Fitness and Recreational Sports Centers
  • Location: Fairhope, AL
  • Lender: Wells Fargo 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 AL for ~$25k 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.
  • 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 R & M PROJECTS LLC.

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