Fitness & Recreation · lender intelligence
How to finance a Stretch Lab in New York
The SBA 7(a) lenders funding the most Stretch Lab deals in New York, from public loan records — typical Stretch Lab loan about $263K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Stretch Lab in New York
$300K
Typical loan
range $225K–$406K
$333K
Est. purchase price
≈ loan ÷ 90%
$44,583
Cash to close
$33,333 down + fees
$4,133/mo
Typical payment
~11% · 10yr
$57,035/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
28 days
Typical time to fund
6
Lenders competing
more = leverage
8.58%
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 Stretch Lab in New York
Ranked by funded Stretch Lab loans in New York. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.2,539 loans · $965M · Columbus, OHFull record →
- 2.4 loans · $4M · Hauppauge, NYFull record →
- 3.1,927 loans · $207M · Buffalo, NYFull record →
- 4.1,296 loans · $1.4B · Wilmington, NCFull record →
- 5.318 loans · $229M · Osage Beach, MOFull record →
- 6.72 loans · $30M · Oconomowoc, WIFull record →
12+ funded Stretch Lab in New York 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.
- StretchLab Long Island City in Long Island City, NY — $682K (2026) · First Bank of the Lake
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% variable
- Term
- 132 mo (11 yrs)
- SBA guaranteed
- $512K (75%)
- Approval → funding
- 39 days
- Approved
- 1/2/2026
- First disbursed
- 2/10/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 22
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by First Bank of the Lake · Lender record →
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- Lammco IV LLC in New York, NY — $350K (2025) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 9.99% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $263K (75%)
- Approval → funding
- 73 days
- Approved
- 9/9/2025
- First disbursed
- 11/21/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 22
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Live Oak Banking Company · Lender record →
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- Lammco II LLC in New York, NY — $225K (2025) · Manufacturers and Traders Trust Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.5% variable
- Term
- 60 mo (5 yrs)
- SBA guaranteed
- $113K (50%)
- Approval → funding
- 10 days
- Approved
- 8/8/2025
- First disbursed
- 8/18/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Manufacturers and Traders Trust Company · Lender record →
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- Lammco II LLC in New York, NY — $25K (2025) · Manufacturers and Traders Trust Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $13K (50%)
- Approved
- 8/8/2025
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Manufacturers and Traders Trust Company · Lender record →
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- Stretchlab Cobble Hill in Brooklyn, NY — $433K (2024) · Bank Five Nine
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $325K (75%)
- Approval → funding
- 30 days
- Approved
- 11/6/2023
- First disbursed
- 12/6/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Bank Five Nine · Lender record →
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- Flexlyfe III LLC in Greenvale, NY — $292K (2023) · Dime Community Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 11% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $219K (75%)
- Approval → funding
- 28 days
- Approved
- 7/11/2023
- First disbursed
- 8/8/2023
- 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 Dime Community Bank · Lender record →
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- Immordino Suffolk Wellness 2, LLC in Lake Grove, NY — $282K (2023) · Dime Community Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 11% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $212K (75%)
- Approval → funding
- 11 days
- Approved
- 6/26/2023
- First disbursed
- 7/7/2023
- Loan status
- Current
- 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 Dime Community Bank · Lender record →
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- PMIII LLC in New York, NY — $406K (2022) · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $305K (75%)
- Approval → funding
- 5 days
- Approved
- 6/30/2022
- First disbursed
- 7/5/2022
- Loan status
- Paid in full (2/28/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by The Huntington National Bank · Lender record →
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- FlexLyfe II LLC in Roslyn, NY — $333K (2022) · Dime Community Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $250K (75%)
- Approval → funding
- 197 days
- Approved
- 2/8/2022
- First disbursed
- 8/24/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 13
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Fitness and Recreational Sports Centers
Funded by Dime Community Bank · Lender record →
Your business? Claim this record · Request removal
- Immordino Capital Corp. in East Northport, NY — $300K (2022) · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $225K (75%)
- Approval → funding
- 2 days
- Approved
- 2/16/2022
- First disbursed
- 2/18/2022
- Loan status
- Delinquent
- 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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- PMIII LLC in New York, NY — $30K (2022) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 6.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $15K (50%)
- Approved
- 6/30/2022
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- 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
- Immordino Capital Corp. in East Northport, NY — $30K (2022) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $15K (50%)
- Approval → funding
- 19 days
- Approved
- 2/16/2022
- First disbursed
- 3/7/2022
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 12
- 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
Buying a Stretch Lab in New York? Start with a lender that funds them here
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CapBench analysis of public SBA 7(a) lending records; ranked by funded Stretch Lab loans with a New York project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Stretch Lab purchase in New York with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded New York deals. The Huntington National Bank funds the most here. CapBench is not a lender.
- $263K typical Stretch Lab loan
- 6 lenders active in New York
- 12+ funded New York deals
- 28 days typical to fund
Buyers buying a Stretch Lab in New York 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 2026-06-21.
- 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.