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Spenga, by the numbers

Spenga appears in 38 SBA 7(a) loans since 2020, with a 13.89% cohort charge-off (failure) rate — from public SBA 7(a) loan records (FY2020–present). Every figure below comes from real financed deals: what buyers paid, where, and how the loans performed.

SBA Franchise Directory: listed ✓ (identifier S1606)

38 deals since 2020 · typical deal $667K · 13.89% failure rate

38

Deals since 2020

$667K

Typical deal

2

Deals since FY2025

13.89%

Failure rate (FY20–23)

13.89% of Spenga's FY2020–23 deals failed — well above typical. Price that risk into your offer and your reserves.

What buyers pay for Spenga

Most Spenga deals financed between $552K and $815K. Above $815K, you're paying more than 75% of buyers did — make the seller earn it.

Monthly payment (10-yr)
$8,722
Down payment (10%)
$74K
Cash to close (all-in)
$99K

Estimates at today's rates and standard 7(a) terms. Not a loan offer.

Could you get the loan?

Three answers. No documents, no credit pull.

Credit score

Available cash (you'll need ~$99K)

Experience

Recent financings

  • SPENGA in Greenville, SC — $108K (2026) · First Bank
  • FIT FOCUS LLC in Valparaiso, IN — $350K (2025) · purchase · Centier Bank
  • Cloutery LLC in Paramus, NJ — $1.1M (2023) · Beacon Bank and Trust
  • Dasau Fitness Inc. in Naples, FL — $903K (2023) · Beacon Bank and Trust
  • 3VEDI LLC in Montvale, NJ — $732K (2023) · Beacon Bank and Trust
  • BMMJ Corp in Wayne, PA — $1.0M (2022) · TowneBank
  • DJT Enterprises, LLC in Valparaiso, IN — $987K (2022) · Evolve Bank and Trust
  • ACSP, LLC in Plano, TX — $843K (2022) · Security National Bank of Omaha
  • Roman Empire Fitness Inc in Wall Township, NJ — $815K (2022) · TowneBank
  • Best Life Fitness Partners, LLC in Columbus, OH — $665K (2022) · The State Bank and Trust Company

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

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Spenga brand mark

Who funds Spenga — and where

Every dot is a financed Spenga — 36 mapped.

Financed Spenga locations — list all 36 as text

Top lenders for this brand

  1. 1.Beacon Bank and Trust(7)
  2. 2.TowneBank(7)
  3. 3.Wells Fargo Bank National Association(4)
  4. 4.Celtic Bank Corporation(3)
  5. 5.Stellar Bank(2)

Most active states

  1. 1.Texas (7 loans)Spenga lenders in Texas->
  2. 2.Colorado (5 loans)Spenga lenders in Colorado->
  3. 3.New Jersey (5 loans)Spenga lenders in New Jersey->
  4. 4.California (3 loans)Spenga lenders in California->
  5. 5.North Carolina (3 loans)Spenga lenders in North Carolina->
  6. 6.Florida (3 loans)Spenga lenders in Florida->
  7. 7.South Carolina (2 loans)Spenga lenders in South Carolina->
  8. 8.Indiana (2 loans)Spenga lenders in Indiana->

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Common questions

How much does a Spenga cost to buy or open?

The typical deal for Spenga is $667K across 38 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $73K of buyer cash on a typical deal.

How risky is Spenga?

13.89% of Spenga's FY2020–23 deals failed and were written off. Under 1% is excellent; 1–3% is normal; above 3% deserves hard questions before the LOI.

Can I finance a Spenga with an SBA loan?

Yes — Spenga has been SBA-financed 2 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.

Buying a Spenga franchise

Most Spenga buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical Spenga deal financed for $667K, which points to about $73K of buyer cash on a typical purchase. Spenga is listed in the SBA Franchise Directory (identifier S1606), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund Spenga — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.

AI summary

This profile summarizes public SBA financing activity for Spenga — lender activity, typical loan sizes, financing history, and risk and failure signals where available — via CapBench SBA Intelligence. CapBench is not a lender.

Source: CapBench SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. CapBench is not a lender and does not guarantee financing.

Agent summary

This page summarizes public SBA 7(a) financing for Spenga — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. Spenga is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.

  • 38 SBA 7(a) deals since 2020
  • $667K typical deal
  • 2 deals since FY2025
  • 13.89% failure rate (FY20–23 cohort)
  • SBA Franchise Directory: listed (identifier S1606)
  • Top lenders: Beacon Bank and Trust, TowneBank, Wells Fargo Bank National Association

Next steps

Check SBA fitFind SBA lenders$9 lender report
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-08-01.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:
https://www.capbench.com/franchises/spenga
API:
https://www.capbench.com/api/public/franchises/spenga
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 SBA loan records, not a current offer or franchise availability. Confirm SBA Franchise Directory listing with your lender before an LOI.

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CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with Spenga.

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