SBA 7(a)Committed, not yet disbursed

SPARTAN FITNESS PROPERTIES LLC

BIRMINGHAM, ALFirst Horizon BankFitness and Recreational Sports Centers · NAICS 713940

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APPROVAL AMOUNT

$1,891,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2026-06-11

8% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$14,595

AT RATE

recorded at approval

TOTAL INTEREST

$2,487,513

over 25 yrs

TOTAL REPAID

$4,378,513

Computed from this loan's recorded initial rate and term. Most 7(a) rates are variable and reset with the base rate, so the real schedule drifts from this, and SBA guaranty fees and closing costs are not included. Adjust the assumptions.

Loan details & location

LOCATION

BIRMINGHAM, AL 35209

INDUSTRY

Fitness and Recreational Sports Centers · NAICS 713940

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

LOAN STATUS

Committed, not yet disbursed

CONGRESSIONAL DIST.

BIRMINGHAM, AL 35209

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