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FRANCHISE BRAND· Fitness and Recreational Sports Centers

SBA loans for Shapexpress

15 SBA loans have financed Shapexpress locations since 2004, written by 11 different lenders across 8 states. Half were approved for $120K or less, the mix is almost entirely 7(a), and 87% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
15
none in last 5 yrs
Median approval
$120K
90th pct $209K
Total approved
$1.9M
all years
To new owners
87%
13 loans
Lenders
11
8 states
No SBA loan has been recorded for this brand in the last five years. That can mean the brand stopped franchising, was renamed, or is now recorded under a different name in the SBA extract. Treat the numbers above as history, not as current appetite.

The lenders that fund Shapexpress

A lender that has already underwritten this brand knows the unit economics, the build-out costs, and the franchisor. That is worth more to you than a bigger bank starting from scratch.

1
Sioux Falls, SD
Shapexpress loans
3
In last 5 yrs
0
Typical loan
$113K
To new owners
67%
Last approval
Jul 2005
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
2
Wilmington, DE
Shapexpress loans
2
In last 5 yrs
0
Typical loan
$155K
To new owners
100%
Last approval
Mar 2007
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
3
New York, NY
Shapexpress loans
2
In last 5 yrs
0
Typical loan
$103K
To new owners
100%
Last approval
May 2005
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
4
Memphis, TN
Shapexpress loans
1
In last 5 yrs
0
Typical loan
$165K
To new owners
100%
Last approval
Jul 2006
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
5
Durham, NC
Shapexpress loans
1
In last 5 yrs
0
Typical loan
$120K
To new owners
100%
Last approval
Apr 2006
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
6
Green Bay, WI
Shapexpress loans
1
In last 5 yrs
0
Typical loan
$119K
To new owners
0%
Last approval
Nov 2005
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
7
Waxahachie, TX
Shapexpress loans
1
In last 5 yrs
0
Typical loan
$150K
To new owners
100%
Last approval
Jun 2005
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
8
Los Angeles, CA
Shapexpress loans
1
In last 5 yrs
0
Typical loan
$125K
To new owners
100%
Last approval
Apr 2005
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
9
Monterey, CA
Shapexpress loans
1
In last 5 yrs
0
Typical loan
$250K
To new owners
100%
Last approval
Apr 2005
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
10
Leawood, KS
Shapexpress loans
1
In last 5 yrs
0
Typical loan
$25K
To new owners
100%
Last approval
Jan 2005
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
11
Columbus, OH
Shapexpress loans
1
In last 5 yrs
0
Typical loan
$93K
To new owners
100%
Last approval
Aug 2004
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.