Fitness & Recreation · lender intelligence
How to finance a Spenga in New Jersey
The SBA 7(a) lenders funding the most Spenga deals in New Jersey, 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 New Jersey
$732K
Typical loan
range $625K–$815K
$813K
Est. purchase price
≈ loan ÷ 90%
$111,528
Cash to close
$81,333 down + fees
$9,472/mo
Typical payment
~9.5% · 10yr
$130,714/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
25 days
Typical time to fund
3
Lenders competing
more = leverage
7.95%
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 New Jersey
Ranked by funded Spenga loans in New Jersey. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.105 loans · $164M · Brookline, MAFull record →
- 2.104 loans · $100M · Portsmouth, VAFull record →
- 3.2 loans · $0M · Pine Bluff, ARFull record →
5+ funded Spenga in New Jersey 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.
- Cloutery LLC in Paramus, NJ — $1.1M (2023) · Beacon Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 129 months
- SBA guaranteed
- $793K (75%)
- Approved
- 12/21/2022
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Beacon Bank and Trust · Lender record →
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- 3VEDI LLC in Montvale, NJ — $732K (2023) · Beacon Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 126 months
- SBA guaranteed
- $549K (75%)
- Approval → funding
- 51 days
- Approved
- 12/14/2022
- First disbursed
- 2/3/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 10
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Beacon Bank and Trust · Lender record →
Your business? Claim this record · Request removal
- Roman Empire Fitness Inc in Wall Township, NJ — $815K (2022) · TowneBank
- Program
- Preferred Lenders Program
- Rate at approval
- 7% variable
- Term
- 126 months
- SBA guaranteed
- $693K (85%)
- Approval → funding
- 25 days
- Approved
- 6/16/2022
- First disbursed
- 7/11/2022
- Loan status
- In liquidation
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by TowneBank · Lender record →
Your business? Claim this record · Request removal
- Sarkars Fitness Woodbridge LLC in Cherry Hill, NJ — $625K (2021) · Beacon Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 126 months
- SBA guaranteed
- $563K (90%)
- Approval → funding
- 1 days
- Approved
- 3/30/2021
- First disbursed
- 3/31/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 30
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Beacon Bank and Trust · Lender record →
Your business? Claim this record · Request removal
- Sarkars Fitness Woodbridge LLC in Edison, NJ — $335K (2020) · Simmons Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $251K (75%)
- Approved
- 2/20/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Simmons Bank · Lender record →
Your business? Claim this record · Request removal
Buying a Spenga in New Jersey? 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.
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 Spenga loans with a New Jersey project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Spenga purchase in New Jersey with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded New Jersey deals. Beacon Bank and Trust funds the most here. CapBench is not a lender.
- $667K typical Spenga loan
- 3 lenders active in New Jersey
- 5+ funded New Jersey deals
- 25 days typical to fund
Buyers buying a Spenga in New Jersey 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.