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Lotus and Lila, Inc. — SBA Loan Record (Ocean City, MD) | DealRoom

Intelligence/Fitness and Recreational Sports Centers/MD

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SBA lending record

Lotus and Lila, Inc.

108 142nd St., Ocean City, MD 21842 · Fitness and Recreational Sports Centers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$120K

Total SBA financing

1

Loan on record

FY2024

On record

—

Jobs supported

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

Is Lotus and Lila, Inc. 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

$120,000 — FY2024

Gross approval: $120,000
SBA guaranteed: $90,000 (75%)
Status: Current
Rate at approval: 10.75% v
Term: 60 mo (5 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/12/2024
First disbursement: 4/19/2024
Days to fund: 38 days
Collateral: None
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Fitness and Recreational Sports Centers
NAICS code: 713940
Lender: Manufacturers and Traders Trust Company
Address: 108 142nd St.
City: Ocean City, 21842
County: Harford
SBA district office: BALTIMORE DISTRICT OFFICE
Congressional district: 1

The lender

Manufacturers and Traders Trust Company

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

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.

BURKLEIGH BEE LLC

Dagsboro, DE· ~14 mi

Fitness and Recreational Sports Centers

$130K
SBA financing: ≈ $255K–$425K
Est. revenue (rough)

Incontrera Enterprises LLC

Lewes, DE· ~20 mi

Fitness and Recreational Sports Centers

$170K
SBA financing: ≈ $333K–$556K
Est. revenue (rough)

HIATUS 24 LLC

Lewes, DE· ~22 mi

Fitness and Recreational Sports Centers

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

Alloy Personal Training

Rehoboth Beach, DE· ~18 mi

Fitness and Recreational Sports Centers

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

Black Rose Fitness LLC

Rehoboth Beach, DE· ~18 mi

Fitness and Recreational Sports Centers

$240K
SBA financing: ≈ $471K–$784K
Est. revenue (rough)

PEAK F/T, LLC

Harbeson, DE· ~23 mi

Fitness and Recreational Sports Centers

$414K
SBA financing: ≈ $812K–$1.4M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Lotus and Lila, Inc. in Ocean City, MD (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 $120K
On record FY2024
Industry: Fitness and Recreational Sports Centers
Location: Ocean City, MD
Lender: Manufacturers and Traders Trust Company

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 MD for ~$120k 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 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/lotus-and-lila-inc-md
API:: https://dealroom.so/api/public/businesses/lotus-and-lila-inc-md
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 Lotus and Lila, Inc. 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 Lotus and Lila, Inc..