Fitness & Recreation · lender intelligence
How to finance a Body20 in Illinois
The SBA 7(a) lenders funding the most Body20 deals in Illinois, from public loan records — typical Body20 loan about $452K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Body20 in Illinois
$557K
Typical loan
range $385K–$557K
$619K
Est. purchase price
≈ loan ÷ 90%
$82,777
Cash to close
$61,889 down + fees
$7,207/mo
Typical payment
~9.5% · 10yr
$99,457/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
61 days
Typical time to fund
2
Lenders competing
more = leverage
11.32%
Avg rate on record
cap ~9.75%
Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.
Most active with Body20 in Illinois
Ranked by funded Body20 loans in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.15 loans · $15M · Houston, MOFull record →
2+ funded Body20 in Illinois deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Phalanx Fitness, LLC in Chicago, IL — $557K (2024) · The Bank of Houston
- Program
- 7a General
- Rate at approval
- 11.25% variable
- Term
- 123 months
- SBA guaranteed
- $418K (75%)
- Approval → funding
- 61 days
- Approved
- 12/8/2023
- First disbursed
- 2/7/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 10
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by The Bank of Houston · Lender record →
Your business? Claim this record · Request removal
- Fervor Fitness LLC in Glenview, IL — $385K (2024) · JPMorgan Chase Bank, National Association
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 11.38% variable
- Term
- 93 months
- SBA guaranteed
- $193K (50%)
- Approval → funding
- 6 days
- Approved
- 9/26/2024
- First disbursed
- 10/2/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by JPMorgan Chase Bank, National Association · Lender record →
Your business? Claim this record · Request removal
Buying a Body20 in Illinois? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
CapBench analysis of public SBA 7(a) lending records; ranked by funded Body20 loans with a Illinois project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Body20 purchase in Illinois with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Illinois deals. The Bank of Houston funds the most here. CapBench is not a lender.
- $452K typical Body20 loan
- 2 lenders active in Illinois
- 2+ funded Illinois deals
- 61 days typical to fund
Buyers buying a Body20 in Illinois typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
- 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.