SBA Loans for Fitness Machine Technicians FMT Franchises
Who actually funds Fitness Machine Technicians FMT SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2026.
Top lenders funding Fitness Machine Technicians FMT SBA loans
Ranked by number of Fitness Machine Technicians FMT 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | United Midwest Savings Bank National Association | 11 | $1.6M | $145K |
| 2 | Atlantic Union Bank | 1 | $225K | $225K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved Fitness Machine Technicians FMT loan in this period, ranked by loan count.
Fitness Machine Technicians FMT SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| FL | 2 | $300K | $150K |
| VA | 1 | $225K | $225K |
| CT | 1 | $150K | $150K |
| IL | 1 | $150K | $150K |
| NC | 1 | $150K | $150K |
| MN | 1 | $150K | $150K |
| AZ | 1 | $150K | $150K |
| NY | 1 | $150K | $150K |
| TX | 1 | $150K | $150K |
| NM | 1 | $140K | $140K |
| AL | 1 | $110K | $110K |
Fitness Machine Technicians FMT SBA loans by year
How Fitness Machine Technicians FMT SBA loans have performed
Outcomes for every funded Fitness Machine Technicians FMT 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.
Source: SBA FOIA 7(a) loan-level data. Defaulted means the SBA purchased the guaranty (charged off, or purchased and not yet charged off). Recent loans have had less time to default, and small loan counts swing widely, so one or two loans can move these percentages a lot.
SBA lender notes for Fitness Machine Technicians FMTfrom the SBA Franchise Directory
Lender/CDC must ensure they secure the appropriate lien position on all collateral in accordance with SOP 50 10.
How to use this
The lenders above have actually closed SBA 7(a) loans for Fitness Machine Technicians FMT franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.
A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in, and we match your Fitness Machine Technicians FMT deal to a lender currently funding this brand.
Financing a Fitness Machine Technicians FMT franchise?
We know which lenders are actively funding Fitness Machine Technicians FMT deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).