Fitness & Recreation · lender intelligence

How to finance a My Gym

State:

The SBA 7(a) lenders funding the most My Gym deals, ranked from public loan records — typical My Gym loan about $209K. A bank that has funded the brand knows the model — faster approvals, better terms.

Deal economics— what it takes to buy & finance My Gym

$209K

Typical loan

range $200K–$230K

$232K

Est. purchase price

≈ loan ÷ 90%

$31,089

Cash to close

$23,244 down + fees

$3,062/mo

Typical payment

~12.5% · 10yr

$42,256/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

33 days

Typical time to fund

Lenders competing

more = leverage

8.37%

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 My Gym

Ranked by funded My Gym loans. Tap a lender to open its full record, or hit Get in touch for an introduction.

1.2,539 loans · $965M · Columbus, OHFull record →
2.20 loans · $31M · Boca Raton, FLFull record →
3.16 loans · $13M · Dearborn, MIFull record →
4.40 loans · $42M · Englewood Cliffs, NJFull record →
5.318 loans · $229M · Osage Beach, MOFull record →
6.4 loans · $2M · Little Rock, ARFull record →
7.1 loans · $0M · West Lafayette, INFull record →

9+ funded My Gym 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.

Starlight Family Ventures LLC in Tampa, FL — $351K (2026) · DFCU Financial
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$263K (75%)
Approved
3/6/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
3
Business age
Startup, Loan Funds will Open Business
Industry
Fitness and Recreational Sports Centers
Funded by DFCU Financial · Lender record →
Your business? Claim this record · Request removal
Plumeria Fitness LLC in Lakeville, MN — $249K (2026) · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
9.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$187K (75%)
Approved
1/29/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Startup, Loan Funds will Open Business
Industry
Sports and Recreation Instruction
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Plumeria Fitness LLC in Lakeville, MN — $25K (2026) · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
10.05% variable
Term
120 mo (10 yrs)
SBA guaranteed
$13K (50%)
Approved
1/29/2026
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Lindsay Giannone LLC in Manalapan, NJ — $230K (2025) · purchase · ConnectOne Bank
Program
Preferred Lenders Program
Rate at approval
9.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$173K (75%)
Approval → funding
26 days
Approved
4/10/2025
First disbursed
5/6/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
6
Business age
Change of Ownership
Industry
Fitness and Recreational Sports Centers
If you were the buyer here
Est. deal size
$256K
Est. down payment (10%)
$26K
Est. cash at closing
$34K
Monthly payment
$3,008
Annual debt service
$36K
Cash flow needed (1.25×)
$45K
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 ConnectOne Bank · Lender record →
Your business? Claim this record · Request removal
My Gym Sarasota in Sarasota, FL — $183K (2025) · First Bank of the Lake
Program
Preferred Lenders Program
Rate at approval
10.75% variable
Term
123 months
SBA guaranteed
$137K (75%)
Approval → funding
32 days
Approved
10/11/2024
First disbursed
11/12/2024
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 First Bank of the Lake · Lender record →
Your business? Claim this record · Request removal
The Bretz Family LLC in Allen, TX — $209K (2024) · Wells Fargo Bank National Association
Program
Preferred Lenders Program
Rate at approval
10.5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$157K (75%)
Approval → funding
33 days
Approved
10/13/2023
First disbursed
11/15/2023
Loan status
In liquidation
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
16
Business age
Startup, Loan Funds will Open Business
Industry
Fitness and Recreational Sports Centers
Funded by Wells Fargo Bank National Association · Lender record →
Your business? Claim this record · Request removal
ML Gym INC in Boynton Beach, FL — $200K (2023) · Paradise Bank
Program
Preferred Lenders Program
Rate at approval
2.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$150K (75%)
Approved
11/16/2022
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Business age
New Business or 2 years or less
Industry
All Other Personal Services
Funded by Paradise Bank · Lender record →
Your business? Claim this record · Request removal
CARTER4FUN LLC in Westfield, IN — $204K (2022) · Purdue Federal Credit Union
Program
7a General
Rate at approval
6% variable
Term
126 months
SBA guaranteed
$153K (75%)
Approval → funding
195 days
Approved
11/17/2021
First disbursed
5/31/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
7
Business age
Existing or more than 2 years old
Industry
Civic and Social Organizations
Funded by Purdue Federal Credit Union · Lender record →
Your business? Claim this record · Request removal
DC COTTEN FAMILY, LLC in Mckinney, TX — $215K (2020) · Bank OZK
Program
Preferred Lenders Program
Rate at approval
6.5% variable
Term
129 months
SBA guaranteed
$161K (75%)
Approved
2/12/2020
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Startup, Loan Funds will Open Business
Industry
Sports and Recreation Instruction
Funded by Bank OZK · Lender record →
Your business? Claim this record · Request removal

Buying a My Gym? 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.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench analysis of public SBA 7(a) lending records; ranked by funded loans to My Gym businesses. Mega-bank call-center lenders excluded.

Agent summary

How to finance a My Gym 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. The Huntington National Bank funds the most. CapBench is not a lender.

$209K typical My Gym loan
8 lenders fund the brand
33 days typical to fund

Buyers researching a My Gym 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.

Next steps

Pre-qualify this deal Talk to a loan broker My Gym record

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.
Canonical:: https://www.capbench.com/lenders/franchise/my-gym
API:: https://www.capbench.com/api/public/lenders?franchise=my-gym
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.