FranchiseRanked

P-FIT THE PLATINUM STANDARD OF FITNESS

Fitness & RecreationSBA loans FY2021–FY2022

4

SBA Loans

$1.1M

Total Financed

$266K

Avg Loan Size

—

YoY Loan Growth

How P-FIT THE PLATINUM STANDARD OF FITNESS Compares

  • Ranks #157 of 302 Fitness & Recreation brands by SBA loan count (#1,600 of 3,543 overall).
  • Its average loan of $266K is 24% below the Fitness & Recreation median of $350K.
  • With only 4 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 YearLoansTotal Financed
FY20211$476K
FY20223$587K

FY2022 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where P-FIT THE PLATINUM STANDARD OF FITNESS Is Getting SBA-Financed

Recent SBA-Financed P-FIT THE PLATINUM STANDARD OF FITNESS Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

BALCH GROUP INCFort Myers, FL
$50,0002022-05-21
BALCH GROUP INCFort Myers, FL
$398,0002022-05-21
Z & M Fitness, LLCNAPLES, FL
$139,0002021-12-09
P-Fit SarasotaSarasota, FL
$476,0002021-08-09

Frequently Asked Questions

Is P-FIT THE PLATINUM STANDARD OF FITNESS growing or shrinking?

P-FIT THE PLATINUM STANDARD OF FITNESS doesn't have enough SBA loan activity in both FY2021 and FY2022 to calculate a reliable year-over-year trend. For context, it ranks #157 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 P-FIT THE PLATINUM STANDARD OF FITNESS 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 $266K (24% below 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 P-FIT THE PLATINUM STANDARD OF FITNESS?

P-FIT THE PLATINUM STANDARD OF FITNESS only has 4 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.