FranchiseRanked

TRV/FIT (TruFit Fitness)

Fitness & RecreationSBA loans FY2020–FY2020

1

SBA Loans

$180K

Total Financed

$180K

Avg Loan Size

—

YoY Loan Growth

How TRV/FIT (TruFit Fitness) Compares

  • Ranks #240 of 302 Fitness & Recreation brands by SBA loan count (#2,574 of 3,543 overall).
  • Its average loan of $180K is 49% below 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 YearLoansTotal Financed
FY20201$180K

FY2020 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where TRV/FIT (TruFit Fitness) Is Getting SBA-Financed

Recent SBA-Financed TRV/FIT (TruFit Fitness) Locations

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

PAJOT FITNESS LLCBrighton, MI
$180,0002020-01-08

Frequently Asked Questions

Is TRV/FIT (TruFit Fitness) growing or shrinking?

TRV/FIT (TruFit 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 #240 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 TRV/FIT (TruFit 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 $180K (49% 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 TRV/FIT (TruFit Fitness)?

TRV/FIT (TruFit 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.