REDEMPTION Fitness
1
SBA Loans
$468K
Total Financed
$468K
Avg Loan Size
—
YoY Loan Growth
How REDEMPTION Fitness Compares
- Ranks #269 of 302 Fitness & Recreation brands by SBA loan count (#3,067 of 3,543 overall).
- Its average loan of $468K is 34% 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 |
|---|---|---|
| FY2023 | 1 | $468K |
FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where REDEMPTION Fitness Is Getting SBA-Financed
Recent SBA-Financed REDEMPTION Fitness Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is REDEMPTION Fitness growing or shrinking?
REDEMPTION Fitness doesn't have enough SBA loan activity in both FY2022 and FY2023 to calculate a reliable year-over-year trend. For context, it ranks #269 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 REDEMPTION 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 $468K (34% 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 REDEMPTION Fitness?
REDEMPTION 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
- Celtic Bank Corporation1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset