Snap Fitness
42
SBA Loans
$9.3M
Total Financed
$221K
Avg Loan Size
0%
YoY Loan Growth
How Snap Fitness Compares
- Ranks #30 of 302 Fitness & Recreation brands by SBA loan count (#274 of 3,543 overall).
- Its average loan of $221K is 37% below the Fitness & Recreation median of $350K.
- Its 0.0% charge-off rate compares to a 2.0% average across all Fitness & Recreation brands.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 9 | $966K |
| FY2021 | 7 | $1.9M |
| FY2022 | 1 | $25K |
| FY2023 | 3 | $692K |
| FY2024 | 9 | $1.6M |
| FY2025 | 9 | $2.8M |
| FY2026 | 4 | $1.3M |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Snap Fitness Is Getting SBA-Financed
Recent SBA-Financed Snap Fitness Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Snap Fitness growing or shrinking?
Snap Fitness's SBA loan count grew 0% year-over-year, suggesting rising financed expansion. This reflects SBA-backed financing activity, not necessarily total unit count -- see the methodology page for what this does and doesn't measure.
How much does it cost to open a Snap 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 $221K (37% 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 Snap Fitness?
0 of 42 SBA loans to Snap Fitness franchisees (0.0%) have been charged off since FY2020, compared to 2.0% across all Fitness & Recreation brands.
Top SBA Lenders
- Columbia Bank4
- Northeast Entrepreneur Fund, Inc.4
- Security Bank USA4
- Old National Bank3
- The Huntington National Bank3
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset