Fitness 1440
7
SBA Loans
$2.0M
Total Financed
$288K
Avg Loan Size
—
YoY Loan Growth
How Fitness 1440 Compares
- Ranks #118 of 302 Fitness & Recreation brands by SBA loan count (#1,105 of 3,543 overall).
- Its average loan of $288K is 18% below the Fitness & Recreation median of $350K.
- With only 7 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 |
|---|---|---|
| FY2020 | 3 | $870K |
| FY2021 | 2 | $413K |
| FY2022 | 1 | $551K |
| FY2024 | 1 | $179K |
FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Fitness 1440 Is Getting SBA-Financed
Recent SBA-Financed Fitness 1440 Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Fitness 1440 growing or shrinking?
Fitness 1440 doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #118 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 Fitness 1440 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 $288K (18% 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 Fitness 1440?
Fitness 1440 only has 7 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
- Newtek Small Business Finance, Inc.2
- Byline Bank2
- CRF Small Business Loan Company, LLC1
- Citizens Bank1
- Central State 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