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FRANCHISE BRAND· Fitness and Recreational Sports Centers

SBA loans for Spenga

65 SBA loans have financed Spenga locations since 2017, written by 23 different lenders across 20 states. Half were approved for $557K or less, the mix is almost entirely 7(a), and 97% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
65
17 in last 5 yrs
Median approval
$557K
90th pct $842K
Total approved
$34.7M
all years
To new owners
97%
63 loans
Lenders
23
20 states

The lenders that fund Spenga

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
Portsmouth, VA
Spenga loans
7
In last 5 yrs
7
Typical loan
$612K
To new owners
100%
Last approval
Aug 2022
2
Brookline, MA
Spenga loans
7
In last 5 yrs
3
Typical loan
$760K
To new owners
100%
Last approval
Apr 2023
3
Southern Pines, NC
Spenga loans
1
In last 5 yrs
1
Typical loan
$108K
To new owners
0%
Last approval
Dec 2025
4
Whiting, IN
Spenga loans
1
In last 5 yrs
1
Typical loan
$350K
To new owners
0%
Last approval
May 2025
5
Omaha, NE
Spenga loans
1
In last 5 yrs
1
Typical loan
$843K
To new owners
100%
Last approval
Jul 2022
6
West Memphis, AR
Spenga loans
1
In last 5 yrs
1
Typical loan
$987K
To new owners
100%
Last approval
Jun 2022
7
Defiance, OH
Spenga loans
1
In last 5 yrs
1
Typical loan
$665K
To new owners
100%
Last approval
May 2022
8
Fargo, ND
Spenga loans
1
In last 5 yrs
1
Typical loan
$656K
To new owners
100%
Last approval
Sep 2021
9
Greenville, SC
Spenga loans
1
In last 5 yrs
1
Typical loan
$740K
To new owners
100%
Last approval
Apr 2021
10
Pine Bluff, AR
Spenga loans
11
In last 5 yrs
0
Typical loan
$458K
To new owners
100%
Last approval
Feb 2020
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
Spenga loans
10
In last 5 yrs
0
Typical loan
$274K
To new owners
100%
Last approval
Sep 2019
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
12
Sioux Falls, SD
Spenga loans
6
In last 5 yrs
0
Typical loan
$509K
To new owners
100%
Last approval
Oct 2020
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.