Fitness & Recreation · lender intelligence
How to finance a Hotworx in Tennessee
The SBA 7(a) lenders funding the most Hotworx deals in Tennessee, 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 Tennessee
$388K
Typical loan
range $298K–$500K
$431K
Est. purchase price
≈ loan ÷ 90%
$57,661
Cash to close
$43,111 down + fees
$5,021/mo
Typical payment
~9.5% · 10yr
$69,290/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
8 days
Typical time to fund
6
Lenders competing
more = leverage
7%
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 Tennessee
Ranked by funded Hotworx loans in Tennessee. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1 loans · $1M · Lincoln, NEFull record →
- 2.23 loans · $30M · Stuart, FLFull record →
- 3.9 loans · $13M · Atlanta, GAFull record →
- 4.149 loans · $135M · Mukwonago, WIFull record →
- 5.7 loans · $9M · Memphis, TNFull record →
- 6.15 loans · $13M · Flowood, MSFull record →
10+ funded Hotworx in Tennessee 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.
- ParkerWorx, LLC in Cleveland, TN — $500K (2025) · Citizens Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 123 months
- SBA guaranteed
- $375K (75%)
- Approval → funding
- 14 days
- Approved
- 2/11/2025
- First disbursed
- 2/25/2025
- Loan status
- Current
- 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 →
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- Hot Coles Studios LLC in Hermitage, TN — $514K (2023) · Ameris Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 123 months
- SBA guaranteed
- $386K (75%)
- Approval → funding
- 16 days
- Approved
- 1/30/2023
- First disbursed
- 2/15/2023
- Loan status
- Current
- 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 Ameris Bank · Lender record →
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- JCWealth Industries LLC in Memphis, TN — $400K (2022) · Seacoast National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6.25% variable
- Term
- 123 months
- SBA guaranteed
- $300K (75%)
- Approval → funding
- 8 days
- Approved
- 5/24/2022
- First disbursed
- 6/1/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 8
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Seacoast National Bank · Lender record →
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- F5 Fitness LLC in Franklin, TN — $388K (2022) · Pinnacle Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $291K (75%)
- Approval → funding
- 8 days
- Approved
- 2/7/2022
- First disbursed
- 2/15/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Pinnacle Bank · Lender record →
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- Caliente Fitness, LLC in Collierville, TN — $298K (2022) · Paragon Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $223K (75%)
- Approval → funding
- 5 days
- Approved
- 10/26/2021
- First disbursed
- 10/31/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Paragon Bank · Lender record →
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- F5 Fitness LLC in Franklin, TN — $100K (2022) · Pinnacle Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $50K (50%)
- Approved
- 9/14/2022
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Pinnacle Bank · Lender record →
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- F5 Fitness LLC in Franklin, TN — $100K (2022) · Pinnacle Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $75K (75%)
- Approval → funding
- 6 days
- Approved
- 9/20/2022
- First disbursed
- 9/26/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Pinnacle Bank · Lender record →
Your business? Claim this record · Request removal
- Radiant Health LLC in Franklin, TN — $350K (2021) · Seacoast National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 123 months
- SBA guaranteed
- $315K (90%)
- Approval → funding
- 2 days
- Approved
- 7/29/2021
- First disbursed
- 7/31/2021
- Loan status
- Paid in full (11/30/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Seacoast National Bank · Lender record →
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- FAITHWORX - Chatanooga LLC in Chattanooga, TN — $304K (2021) · Community Bank of Mississippi
- Program
- Preferred Lenders Program
- Rate at approval
- 3.75% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $274K (90%)
- Approval → funding
- 22 days
- Approved
- 9/2/2021
- First disbursed
- 9/24/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Community Bank of Mississippi · Lender record →
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- SR Enterprise, LLC in Memphis, TN — $672K (2020) · purchase · Pinnacle Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $504K (75%)
- Approval → funding
- 74 days
- Approved
- 4/22/2020
- First disbursed
- 7/5/2020
- Loan status
- Paid in full (2/28/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 18
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $747K
- Est. down payment (10%)
- $75K
- Est. cash at closing
- $100K
- Monthly payment
- $7,376
- Annual debt service
- $89K
- Cash flow needed (1.25×)
- $111K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Pinnacle Bank · Lender record →
Your business? Claim this record · Request removal
Buying a Hotworx in Tennessee? 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 Tennessee project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Hotworx purchase in Tennessee with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Tennessee deals. Pinnacle Bank funds the most here. CapBench is not a lender.
- $360K typical Hotworx loan
- 6 lenders active in Tennessee
- 10+ funded Tennessee deals
- 8 days typical to fund
Buyers buying a Hotworx in Tennessee 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.