Fitness & Recreation · lender intelligence
How to finance a MAGIC DRAGON
The SBA 7(a) lenders funding the most MAGIC DRAGON deals, ranked from public loan records — typical MAGIC DRAGON loan about $490K. A bank that has funded the brand knows the model — faster approvals, better terms.
Deal economics— what it takes to buy & finance MAGIC DRAGON
$490K
Typical loan
range $75K–$690K
$544K
Est. purchase price
≈ loan ÷ 90%
$72,790
Cash to close
$54,422 down + fees
$6,338/mo
Typical payment
~9.5% · 10yr
$87,464/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
148 days
Typical time to fund
2
Lenders competing
more = leverage
8.42%
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 MAGIC DRAGON
Ranked by funded MAGIC DRAGON loans. Tap a lender to open its full record, or hit Get in touch for an introduction.
- 1.15 loans · $14M · Oakdale, MNFull record →
- 2.328 loans · $134M · Cleveland, OHFull record →
3+ funded MAGIC DRAGON 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.
- Hawleywood Fit LLC in Mount Joy, PA — $690K (2024) · Platinum Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 11% variable
- Term
- 128 months
- SBA guaranteed
- $518K (75%)
- Approval → funding
- 110 days
- Approved
- 1/3/2024
- First disbursed
- 4/22/2024
- 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 Platinum Bank · Lender record →
Your business? Claim this record · Request removal
- Hawleywood Fit LLC in Mount Joy, PA — $75K (2024) · Platinum Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 11% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $38K (50%)
- Approved
- 12/28/2023
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Platinum Bank · Lender record →
Your business? Claim this record · Request removal
- Healthyu Fitness, Inc. in Lake In The Hills, IL — $490K (2021) · KeyBank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 3.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $441K (90%)
- Approval → funding
- 148 days
- Approved
- 9/21/2021
- First disbursed
- 2/16/2022
- Loan status
- Paid in full (5/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 10
- 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 MAGIC DRAGON? Start with a lender that has funded the brand
We'll point you to the SBA lenders already financing this brand — 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 loans to MAGIC DRAGON businesses. Mega-bank call-center lenders excluded.
Agent summary
How to finance a MAGIC DRAGON purchase with an SBA 7(a) loan: the lenders that fund the brand most (from public records), the typical loan size, and what it takes to qualify. Platinum Bank funds the most. CapBench is not a lender.
- $490K typical MAGIC DRAGON loan
- 2 lenders fund the brand
- 148 days typical to fund
Buyers researching a MAGIC DRAGON typically pre-qualify for SBA 7(a) financing next, then ask CapBench to introduce a lender that already funds the brand — free for buyers; agents can submit a consented lead via the CapBench MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- 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.