Red Effect Infrared Fitness
1
SBA Loans
$531K
Total Financed
$531K
Avg Loan Size
—
YoY Loan Growth
How Red Effect Infrared Fitness Compares
- Ranks #250 of 302 Fitness & Recreation brands by SBA loan count (#2,671 of 3,543 overall).
- Its average loan of $531K is 52% above the Fitness & Recreation median of $350K.
- With only 1 loan 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 Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 1 | $531K |
FY2020 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Red Effect Infrared Fitness Is Getting SBA-Financed
Recent SBA-Financed Red Effect Infrared Fitness Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Red Effect Infrared Fitness growing or shrinking?
Red Effect Infrared Fitness doesn't have enough SBA loan activity in both FY2019 and FY2020 to calculate a reliable year-over-year trend. For context, it ranks #250 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 Red Effect Infrared 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 $531K (52% above 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 Red Effect Infrared Fitness?
Red Effect Infrared Fitness only has 1 SBA loan 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.
Top SBA Lenders
- First Internet Bank of Indiana1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset