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LOCOFIT Studio LLC — SBA Loan Record (Andover, MN) | DealRoom

Intelligence/Fitness and Recreational Sports Centers/MN

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SBA lending record

LOCOFIT Studio LLC

1714 BUNKER LAKE BLVD NW, Andover, MN 55304 · Fitness and Recreational Sports Centers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$80K

Total SBA financing

1

Loan on record

FY2022

On record

7

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is LOCOFIT Studio LLC your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$80,000 — FY2022

Gross approval: $80,000
SBA guaranteed: $68,000 (85%)
Status: Current
Rate at approval: 5% f
Term: 90 mo (8 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/12/2022
First disbursement: 1/21/2022
Days to fund: 9 days
Collateral: Required
Jobs supported: 7
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Fitness and Recreational Sports Centers
NAICS code: 713940
Lender: Northeast Bank
Address: 1714 BUNKER LAKE BLVD NW
City: Andover, 55304
County: Anoka
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 3

The lender

Northeast Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding fitness and recreational sports centers — by location, industry.

SBA lenders in Minnesota Lenders for fitness and recreational sports centers Fitness and Recreational Sports Centers lenders in Minnesota

Similar businesses

Comparable fitness and recreational sports centers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Sampson Wellness LLC

Blaine, MN· ~5 mi

Fitness and Recreational Sports Centers

$86K
SBA financing: ≈ $169K–$282K
Est. revenue (rough)

Method Strength and Performance

Mounds View, MN· ~11 mi

Fitness and Recreational Sports Centers

$68K
SBA financing: ≈ $134K–$223K
Est. revenue (rough)

MAD Fitness LLC

Ham Lake, MN· ~4 mi

Fitness and Recreational Sports Centers

$132K
SBA financing: ≈ $259K–$432K
Est. revenue (rough)

Studio ME LLC

Minneapolis, MN· ~16 mi

Fitness and Recreational Sports Centers

$75K
SBA financing: ≈ $147K–$245K
Est. revenue (rough)

Envision Fitness LLC

Hopkins, MN· ~21 mi

Fitness and Recreational Sports Centers

$80K
SBA financing: ≈ $157K–$261K
Est. revenue (rough)

ZEN & GRIT INC

Minnetonka, MN· ~23 mi

YogaSix

$80K
SBA financing: ≈ $157K–$261K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for LOCOFIT Studio LLC in Andover, MN (Fitness and Recreational Sports Centers). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $80K
On record FY2022
7 jobs supported
Industry: Fitness and Recreational Sports Centers
Location: Andover, MN
Lender: Northeast Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Fitness and Recreational Sports Centers businesses in MN for ~$80k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/locofit-studio-llc-mn
API:: https://dealroom.so/api/public/businesses/locofit-studio-llc-mn
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is LOCOFIT Studio LLC your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with LOCOFIT Studio LLC.