Ninja Nation
8
SBA Loans
$7.5M
Total Financed
$938K
Avg Loan Size
—
YoY Loan Growth
How Ninja Nation Compares
- Ranks #110 of 302 Fitness & Recreation brands by SBA loan count (#1,047 of 3,543 overall).
- Its average loan of $938K is 168% above the Fitness & Recreation median of $350K.
- With only 8 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 | $1.2M |
| FY2023 | 2 | $2.0M |
| FY2024 | 4 | $3.1M |
| FY2025 | 1 | $1.2M |
FY2025 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Ninja Nation Is Getting SBA-Financed
Recent SBA-Financed Ninja Nation Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Ninja Nation growing or shrinking?
Ninja Nation doesn't have enough SBA loan activity in both FY2024 and FY2025 to calculate a reliable year-over-year trend. For context, it ranks #110 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 Ninja Nation 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 $938K (168% above 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 Ninja Nation?
Ninja Nation only has 8 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
- First Bank of the Lake4
- Merchants Bank of Indiana2
- SouthState Bank, National Association1
- First Commonwealth 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