30 Minute Hit
9
SBA Loans
$1.5M
Total Financed
$171K
Avg Loan Size
—
YoY Loan Growth
How 30 Minute Hit Compares
- Ranks #103 of 302 Fitness & Recreation brands by SBA loan count (#971 of 3,543 overall).
- Its average loan of $171K is 51% below the Fitness & Recreation median of $350K.
- With only 9 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Fitness & Recreation brands overall see a 2.0% charge-off rate across 5,280 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2021 | 1 | $157K |
| FY2022 | 1 | $165K |
| FY2023 | 4 | $673K |
| FY2024 | 3 | $547K |
FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where 30 Minute Hit Is Getting SBA-Financed
Recent SBA-Financed 30 Minute Hit Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is 30 Minute Hit growing or shrinking?
30 Minute Hit doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #103 of 302 Fitness & Recreation brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a 30 Minute Hit franchise?
We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $171K (51% below the typical Fitness & Recreation brand's $350K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for 30 Minute Hit?
30 Minute Hit only has 9 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Fitness & Recreation brands overall see a 2.0% charge-off rate across 5,280 loans.
Top SBA Lenders
- The Huntington National Bank4
- Newtek Small Business Finance, Inc.3
- Newtek Bank, National Association1
- Climate First Bank1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset