SBA Loans for F45 Training Franchises
Who actually funds F45 Training SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2026.
Top lenders funding F45 Training SBA loans
Ranked by number of F45 Training 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 13 | $2.8M | $212K |
| 2 | Citizens Bank | 7 | $2.4M | $340K |
| 2 | FWBank | 7 | $4.4M | $624K |
| 4 | Happen Bank | 6 | $3.3M | $542K |
| 5 | Gulf Coast Bank and Trust Company | 5 | $1.9M | $374K |
| 6 | Mountain America FCU | 4 | $233K | $58K |
| 7 | The Bancorp Bank National Association | 3 | $814K | $271K |
| 7 | Security State Bank and Trust | 3 | $969K | $323K |
| 7 | Newtek Small Business Finance, LLC | 3 | $355K | $118K |
| 7 | American Bank of Commerce | 3 | $596K | $199K |
| 7 | Live Oak Banking Company | 3 | $800K | $267K |
| 12 | Peoples National Bank National Association | 2 | $611K | $306K |
| 12 | Lincoln Savings Bank | 2 | $300K | $150K |
| 12 | Bank of America, National Association | 2 | $1.9M | $940K |
| 12 | Locality Bank | 2 | $916K | $458K |
| 12 | First Bank of the Lake | 2 | $300K | $150K |
| 12 | CenTrust Bank, A Division of SmartBiz Bank National Association | 2 | $700K | $350K |
| 12 | Drake Bank | 2 | $1.3M | $672K |
| 12 | Mission Bank | 2 | $750K | $375K |
| 12 | Five Star Bank | 2 | $651K | $326K |
| 12 | Newtek Bank, National Association | 2 | $175K | $88K |
| 12 | BayFirst National Bank | 2 | $588K | $294K |
| 12 | North State Bank | 2 | $633K | $317K |
| 12 | Oxford Bank | 2 | $671K | $335K |
| 12 | Stearns Bank National Association | 2 | $363K | $182K |
| 12 | St. Louis Bank | 2 | $915K | $458K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved F45 Training loan in this period, ranked by loan count.
F45 Training SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| TX | 13 | $5.1M | $389K |
| CA | 12 | $3.5M | $295K |
| NJ | 7 | $2.9M | $413K |
| AZ | 6 | $2.4M | $402K |
| MN | 5 | $2.1M | $424K |
| WA | 4 | $2.1M | $519K |
| FL | 5 | $1.9M | $384K |
| CO | 6 | $1.7M | $281K |
| NY | 7 | $1.7M | $237K |
| VA | 3 | $1.6M | $542K |
| MO | 4 | $1.5M | $382K |
| OR | 2 | $1.3M | $648K |
| NC | 3 | $1.0M | $343K |
| IN | 4 | $1.0M | $253K |
| IL | 4 | $957K | $239K |
F45 Training SBA loans by year
How F45 Training SBA loans have performed
Outcomes for every funded F45 Training 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.
Source: SBA FOIA 7(a) loan-level data. Defaulted means the SBA purchased the guaranty (charged off, or purchased and not yet charged off). Recent loans have had less time to default, and small loan counts swing widely, so one or two loans can move these percentages a lot.
How to use this
The lenders above have actually closed SBA 7(a) loans for F45 Training franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.
A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in, and we match your F45 Training deal to a lender currently funding this brand.
Financing a F45 Training franchise?
We know which lenders are actively funding F45 Training deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).