Fitness & Recreation · lender intelligence
How to finance a Hotworx in Indiana
The SBA 7(a) lenders funding the most Hotworx deals in Indiana, from public loan records — typical Hotworx loan about $360K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Hotworx in Indiana
$493K
Typical loan
range $378K–$500K
$548K
Est. purchase price
≈ loan ÷ 90%
$73,266
Cash to close
$54,778 down + fees
$6,379/mo
Typical payment
~9.5% · 10yr
$88,030/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
19 days
Typical time to fund
3
Lenders competing
more = leverage
7.6%
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 Hotworx in Indiana
Ranked by funded Hotworx loans in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.42 loans · $19M · Louisville, KYFull record →
- 2.328 loans · $134M · Cleveland, OHFull record →
- 3.4 loans · $8M · Kokomo, INFull record →
4+ funded Hotworx in Indiana 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.
- Heroes for Hudson LLC in Floyds Knobs, IN — $378K (2025) · Republic Bank & Trust Company
- Program
- Preferred Lenders Program
- Rate at approval
- 8.8% fixed
- Term
- 102 months
- SBA guaranteed
- $283K (75%)
- Approval → funding
- 15 days
- Approved
- 3/13/2025
- First disbursed
- 3/28/2025
- 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 Republic Bank & Trust Company · Lender record →
Your business? Claim this record · Request removal
- Clifflauri3 LLC in Kokomo, IN — $500K (2023) · Community First Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% variable
- Term
- 124 months
- SBA guaranteed
- $375K (75%)
- Approval → funding
- 13 days
- Approved
- 8/30/2023
- First disbursed
- 9/12/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Community First Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
- M&KX3 Inc. in Jeffersonville, IN — $350K (2022) · Republic Bank & Trust Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.6% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $263K (75%)
- Approval → funding
- 19 days
- Approved
- 9/8/2022
- First disbursed
- 9/27/2022
- 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 Republic Bank & Trust Company · Lender record →
Your business? Claim this record · Request removal
- Boiler Nurse Fitness LLC in West Lafayette, IN — $493K (2020) · KeyBank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $370K (75%)
- Approval → funding
- 27 days
- Approved
- 9/3/2020
- First disbursed
- 9/30/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 12
- Business age
- New Business or 2 years or less
- Industry
- Fitness and Recreational Sports Centers
Funded by KeyBank National Association · Lender record →
Your business? Claim this record · Request removal
Buying a Hotworx in Indiana? 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 Hotworx loans with a Indiana project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Hotworx purchase in Indiana with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Indiana deals. Republic Bank & Trust Company funds the most here. CapBench is not a lender.
- $360K typical Hotworx loan
- 3 lenders active in Indiana
- 4+ funded Indiana deals
- 19 days typical to fund
Buyers buying a Hotworx in Indiana 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.