Fitness & Recreation · lender intelligence
How to finance a Spenga in Indiana
The SBA 7(a) lenders funding the most Spenga deals in Indiana, from public loan records — typical Spenga loan about $667K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Spenga in Indiana
$987K
Typical loan
range $350K–$987K
$1.10M
Est. purchase price
≈ loan ÷ 90%
$150,335
Cash to close
$109,633 down + fees
$12,768/mo
Typical payment
~9.5% · 10yr
$176,198/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
10 days
Typical time to fund
2
Lenders competing
more = leverage
8%
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 Spenga in Indiana
Ranked by funded Spenga loans in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.25 loans · $5M · Whiting, INFull record →
- 2.28 loans · $35M · West Memphis, ARFull record →
2+ funded Spenga 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.
- FIT FOCUS LLC in Valparaiso, IN — $350K (2025) · purchase · Centier Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $263K (75%)
- Approval → funding
- 10 days
- Approved
- 5/5/2025
- First disbursed
- 5/15/2025
- Loan status
- Paid in full (12/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $389K
- Est. down payment (10%)
- $39K
- Est. cash at closing
- $52K
- Monthly payment
- $4,481
- Annual debt service
- $54K
- Cash flow needed (1.25×)
- $67K
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 Centier Bank · Lender record →
Your business? Claim this record · Request removal
- DJT Enterprises, LLC in Valparaiso, IN — $987K (2022) · Evolve Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 6.75% variable
- Term
- 98 months
- SBA guaranteed
- $740K (75%)
- Approval → funding
- 6 days
- Approved
- 6/24/2022
- First disbursed
- 6/30/2022
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 14
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Evolve Bank and Trust · Lender record →
Your business? Claim this record · Request removal
Buying a Spenga 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.
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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 Spenga loans with a Indiana project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Spenga 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. Centier Bank funds the most here. CapBench is not a lender.
- $667K typical Spenga loan
- 2 lenders active in Indiana
- 2+ funded Indiana deals
- 10 days typical to fund
Buyers buying a Spenga 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 2026-06-17.
- 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.