Stride
12
SBA Loans
$5.4M
Total Financed
$449K
Avg Loan Size
—
YoY Loan Growth
How Stride Compares
- Ranks #86 of 302 Fitness & Recreation brands by SBA loan count (#757 of 3,543 overall).
- Its average loan of $449K is 28% above the Fitness & Recreation median of $350K.
- With only 12 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 | 2 | $732K |
| FY2021 | 5 | $2.4M |
| FY2022 | 5 | $2.3M |
FY2022 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Stride Is Getting SBA-Financed
Recent SBA-Financed Stride Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Stride growing or shrinking?
Stride doesn't have enough SBA loan activity in both FY2021 and FY2022 to calculate a reliable year-over-year trend. For context, it ranks #86 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 Stride 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 $449K (28% 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 Stride?
Stride only has 12 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
- Salem Five Cents Savings Bank2
- Stearns Bank National Association1
- Beacon Bank and Trust1
- United Community 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