SBA Loans for Orange Theory Fitness Franchises
Who actually funds Orange Theory Fitness 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 Orange Theory Fitness SBA loans
Ranked by number of Orange Theory Fitness 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | 17 | $32.3M | $1.9M |
| 2 | Readycap Lending, LLC | 4 | $5.4M | $1.3M |
| 2 | Bank of America, National Association | 4 | $1.9M | $466K |
| 4 | Wilmington Savings Fund Society FSB | 3 | $3.4M | $1.1M |
| 4 | Zions Bank, A Division of | 3 | $4.9M | $1.6M |
| 6 | ConnectOne Bank | 2 | $1.8M | $915K |
| 6 | The Huntington National Bank | 2 | $228K | $114K |
| 6 | Needham Bank | 2 | $2.0M | $1.0M |
| 6 | MI Bank | 2 | $800K | $400K |
| 6 | Northwest Bank | 2 | $2.4M | $1.2M |
| 6 | Old National Bank | 2 | $886K | $443K |
| 6 | BayFirst National Bank | 2 | $581K | $290K |
| 6 | First Business Bank | 2 | $2.3M | $1.1M |
| 14 | Wilson Bank & Trust | 1 | $250K | $250K |
| 14 | New York Business Development Corporation | 1 | $590K | $590K |
| 14 | Byline Bank | 1 | $243K | $243K |
| 14 | Colony Bank | 1 | $897K | $897K |
| 14 | Emprise Bank | 1 | $918K | $918K |
| 14 | JPMorgan Chase Bank, National Association | 1 | $587K | $587K |
| 14 | Mountain America FCU | 1 | $319K | $319K |
| 14 | Bank Five Nine | 1 | $263K | $263K |
| 14 | North Valley Bank | 1 | $253K | $253K |
| 14 | Paradise Bank | 1 | $1.1M | $1.1M |
| 14 | Pinnacle Bank | 1 | $2.3M | $2.3M |
| 14 | Telhio Credit Union Inc | 1 | $150K | $150K |
| 14 | The Bancorp Bank National Association | 1 | $874K | $874K |
| 14 | Truist Bank | 1 | $1.6M | $1.6M |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved Orange Theory Fitness loan in this period, ranked by loan count.
Orange Theory Fitness SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| MI | 6 | $5.5M | $923K |
| CA | 5 | $5.4M | $1.1M |
| WA | 1 | $5.0M | $5.0M |
| NJ | 7 | $4.8M | $679K |
| FL | 3 | $4.7M | $1.6M |
| NY | 2 | $4.7M | $2.4M |
| AZ | 3 | $4.3M | $1.4M |
| OH | 4 | $3.7M | $918K |
| MN | 1 | $3.5M | $3.5M |
| NH | 1 | $2.6M | $2.6M |
| TN | 2 | $2.5M | $1.3M |
| CO | 2 | $2.4M | $1.2M |
| MA | 3 | $2.4M | $810K |
| TX | 2 | $2.1M | $1.0M |
| KY | 1 | $1.9M | $1.9M |
Orange Theory Fitness SBA loans by year
How Orange Theory Fitness SBA loans have performed
Outcomes for every funded Orange Theory Fitness 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.
How to use this
The lenders above have actually closed SBA 7(a) loans for Orange Theory Fitness 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 Orange Theory Fitness deal to a lender currently funding this brand.
Financing a Orange Theory Fitness franchise?
We know which lenders are actively funding Orange Theory Fitness deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).