Fitness & Recreation · lender intelligence
How to finance a Hotworx in Massachusetts
The SBA 7(a) lenders funding the most Hotworx deals in Massachusetts, 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 Massachusetts
$348K
Typical loan
range $25K–$373K
$387K
Est. purchase price
≈ loan ÷ 90%
$51,732
Cash to close
$38,678 down + fees
$4,795/mo
Typical payment
~11% · 10yr
$66,171/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
4 days
Typical time to fund
2
Lenders competing
more = leverage
10.65%
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 Massachusetts
Ranked by funded Hotworx loans in Massachusetts. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.2,539 loans · $965M · Columbus, OHFull record →
- 2.149 loans · $135M · Mukwonago, WIFull record →
5+ funded Hotworx in Massachusetts 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.
- Revurse Health and Fitness LLC in Tyngsboro, MA — $373K (2024) · Citizens Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 124 months
- SBA guaranteed
- $280K (75%)
- Approval → funding
- 16 days
- Approved
- 10/21/2023
- First disbursed
- 11/6/2023
- Loan status
- Paid in full (12/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Citizens Bank · Lender record →
Your business? Claim this record · Request removal
- SGA Infrared Studio, Inc in Danvers, MA — $439K (2023) · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $329K (75%)
- Approval → funding
- 3 days
- Approved
- 1/27/2023
- First disbursed
- 1/30/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 11
- Business age
- Startup, Loan Funds will Open Business
- Industry
- All Other Personal Services
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- Hotbox Fitness Inc. in North Dartmouth, MA — $348K (2023) · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 11% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $261K (75%)
- Approval → funding
- 4 days
- Approved
- 5/11/2023
- First disbursed
- 5/15/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- SGA Infrared Studio, Inc in Danvers, MA — $25K (2023) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $13K (50%)
- Approved
- 1/27/2023
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 11
- Business age
- Startup, Loan Funds will Open Business
- Industry
- All Other Personal Services
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- Hotbox Fitness Inc. in North Dartmouth, MA — $25K (2023) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 11% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $13K (50%)
- Approved
- 5/11/2023
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Buying a Hotworx in Massachusetts? 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.
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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 Massachusetts project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Hotworx purchase in Massachusetts with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Massachusetts deals. The Huntington National Bank funds the most here. CapBench is not a lender.
- $360K typical Hotworx loan
- 2 lenders active in Massachusetts
- 5+ funded Massachusetts deals
- 4 days typical to fund
Buyers buying a Hotworx in Massachusetts 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 2026-06-22.
- 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.