SBA Loans for The Spectrum Kid's Gyms Franchises
Who actually funds The Spectrum Kid's Gyms 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 The Spectrum Kid's Gyms SBA loans
Ranked by number of The Spectrum Kid's Gyms 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 12 | $2.4M | $199K |
| 2 | Byline Bank | 5 | $2.7M | $539K |
| 3 | Newtek Bank, National Association | 3 | $1.2M | $408K |
| 4 | VelocitySBA, LLC | 2 | $765K | $383K |
| 4 | BancFirst | 2 | $420K | $210K |
| 4 | The First Bank and Trust Company | 2 | $1.5M | $735K |
| 4 | WesBanco Bank, Inc. | 2 | $219K | $110K |
| 8 | Sunflower Bank National Association | 1 | $256K | $256K |
| 8 | BankUnited, National Association | 1 | $623K | $623K |
| 8 | BayFirst National Bank | 1 | $150K | $150K |
| 8 | ConnectOne Bank | 1 | $215K | $215K |
| 8 | Dakota Business Lending | 1 | $231K | $231K |
| 8 | DreamSpring | 1 | $350K | $350K |
| 8 | Enterprise Bank | 1 | $425K | $425K |
| 8 | Fifth Third Bank | 1 | $315K | $315K |
| 8 | First United Bank and Trust Company | 1 | $780K | $780K |
| 8 | Fulton Bank, National Association | 1 | $241K | $241K |
| 8 | FWBank | 1 | $435K | $435K |
| 8 | Gulf Coast Bank | 1 | $250K | $250K |
| 8 | Hancock Whitney Bank | 1 | $398K | $398K |
| 8 | LiftFund, Inc. | 1 | $250K | $250K |
| 8 | Manufacturers and Traders Trust Company | 1 | $350K | $350K |
| 8 | Northern Bank and Trust Company | 1 | $326K | $326K |
| 8 | Primis Bank | 1 | $221K | $221K |
| 8 | Readycap Lending, LLC | 1 | $255K | $255K |
| 8 | The First National Bank in Sioux Falls | 1 | $230K | $230K |
| 8 | United Community Bank | 1 | $323K | $323K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved The Spectrum Kid's Gyms loan in this period, ranked by loan count.
The Spectrum Kid's Gyms SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| TN | 10 | $3.1M | $315K |
| TX | 4 | $1.9M | $486K |
| FL | 4 | $1.8M | $441K |
| GA | 4 | $1.6M | $406K |
| VA | 2 | $661K | $330K |
| NC | 2 | $640K | $320K |
| OH | 4 | $609K | $152K |
| CO | 1 | $567K | $567K |
| IL | 1 | $540K | $540K |
| MO | 1 | $506K | $506K |
| MI | 2 | $484K | $242K |
| NJ | 2 | $456K | $228K |
| PA | 1 | $425K | $425K |
| OK | 2 | $420K | $210K |
| MD | 1 | $350K | $350K |
| NM | 1 | $350K | $350K |
The Spectrum Kid's Gyms SBA loans by year
How The Spectrum Kid's Gyms SBA loans have performed
Outcomes for every funded The Spectrum Kid's Gyms 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 The Spectrum Kid's Gymsfrom the SBA Franchise Directory
1. When the real estate where the franchise business is located will secure the SBA-guaranteed loan, neither the franchisee or affiliate may execute the Collateral Assignment of lease to the franchisor or its third party. 2. Lender/CDC must ensure they secure the appropriate lien position on all collateral in accordance with the SOP 50 10.
How to use this
The lenders above have actually closed SBA 7(a) loans for The Spectrum Kid's Gyms 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 The Spectrum Kid's Gyms deal to a lender currently funding this brand.
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