SBA lending record

Team L Studios LLC

726 Adams St. Suite 130, Carmel, IN 46032 · Fitness and Recreational Sports Centers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$802K

Total SBA financing

Loans on record

FY2022–25

On record

Jobs supported

Franchise brand

Pure Barre

See Pure Barre'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

$376,300 — FY2025

Loan 1 of 2

Gross approval: $376,300
SBA guaranteed: $282,225 (75%)
Status: Current
Rate at approval: 10.25% v
Term: 123 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/25/2025
First disbursement: 4/17/2025
Days to fund: 23 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 5
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Fitness and Recreational Sports Centers
NAICS code: 713940
Franchise: Pure Barre
Franchise code: S2756
Lender: Merchants Bank of Indiana
Address: 170 JERSEY ST, STE 188
City: Westfield, 46074
County: Hamilton
SBA district office: INDIANA DISTRICT OFFICE
Congressional district: 5

$425,400 — FY2022

Loan 2 of 2

Gross approval: $425,400
SBA guaranteed: $319,050 (75%)
Status: Current
Rate at approval: 6% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 1/19/2022
First disbursement: 1/21/2022
Days to fund: 2 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 35
Business type: Corporation
Business age: Change of Ownership
Industry: Fitness and Recreational Sports Centers
NAICS code: 713940
Franchise: Pure Barre
Franchise code: S2756
Lender: Merchants Bank of Indiana
Address: 726 Adams St. Suite 130
City: Carmel, 46032
County: Hamilton
SBA district office: INDIANA DISTRICT OFFICE
Congressional district: 5

The lender

Merchants Bank of Indiana

2 loans 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.

SBA lenders in Indiana Lenders for fitness and recreational sports centers Fitness and Recreational Sports Centers lenders in Indiana Pure Barre lenders Pure Barre lenders in Indiana

Other Pure Barre locations

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

Pure Barre Keystone, LLC

Noblesville, IN· ~14 mi

Pure Barre

$720K
SBA financing: ≈ $1.4M–$2.4M
Est. revenue (rough)

View record

Space Barre LLC

Noblesville, IN· ~9 mi

Pure Barre

$385K
SBA financing: ≈ $754K–$1.3M
Est. revenue (rough)

View record

Lemon Barre LLC

Indianapolis, IN· ~13 mi

Pure Barre

$377K
SBA financing: ≈ $739K–$1.2M
Est. revenue (rough)

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THE ZIRKLE OF LIFE, INC.

Fishers, IN· ~12 mi

Pure Barre

$240K
SBA financing: ≈ $471K–$784K
Est. revenue (rough)

View record

MJAB Inc

Avon, IN· ~20 mi

Pure Barre

$280K
SBA financing: ≈ $549K–$915K
Est. revenue (rough)

View record

Space Barre 3, LLC

Bloomington, IN· ~59 mi

Pure Barre

$226K
SBA financing: ≈ $443K–$738K
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.

SLR Fitness Performance, LLC

Carmel, IN· ~2 mi

Body20

$555K
SBA financing: ≈ $1.1M–$1.8M
Est. revenue (rough)

View record

The Dink House LLC

Carmel, IN· ~1 mi

Fitness and Recreational Sports Centers

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

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ALIGN PILATES INDY LLC

Noblesville, IN· ~8 mi

Fitness and Recreational Sports Centers

$710K
SBA financing: ≈ $1.4M–$2.3M
Est. revenue (rough)

View record

Ozwell, LLC

Carmel, IN· ~1 mi

Fitness and Recreational Sports Centers

$402K
SBA financing: ≈ $787K–$1.3M
Est. revenue (rough)

View record

INFITNESSCLUB LLC

Indianapolis, IN· ~3 mi

Fitness and Recreational Sports Centers

$450K
SBA financing: ≈ $882K–$1.5M
Est. revenue (rough)

View record

SJB FITNESS HOLDINGS, INC.

Noblesville, IN· ~11 mi

ISI Elite Training

$712K
SBA financing: ≈ $1.4M–$2.3M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for Team L Studios LLC in Carmel, 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.

2 SBA 7(a) loans totaling $802K
On record FY2022–25
40 jobs supported
Industry: Fitness and Recreational Sports Centers
Location: Carmel, IN
Lender: Merchants Bank of Indiana

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 ~$401k 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/team-l-studios-llc-in
API:: https://www.capbench.com/api/public/businesses/team-l-studios-llc-in
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 Team L Studios LLC.