SBA lending record
Newport Fitness LLC
825 Spectrum Center Dr, Irvine, CA 92618 · Fitness and Recreational Sports Centers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$390K
Total SBA financing
1
Loan on record
FY2020
On record
6
Jobs supported
Franchise brand
CycleBar
See CycleBar's SBA financing data — typical deal, failure rate, and how its loans perform →
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The loan
$389,800 — FY2020
- Gross approval
- $389,800
- SBA guaranteed
- $292,350 (75%)
- Status
- Paid in full
- Rate at approval
- 6.35% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/13/2020
- First disbursement
- 2/29/2020
- Days to fund
- 16 days
- Paid in full
- 1/31/2022
- Collateral
- Required
The lender
Wells Fargo Bank National Association
1 loan to this business- Total assets
- $1852239.0B
- Deposits
- $1516982.0B
- Loans outstanding
- $971566.0B
- Net income
- $5961.0B
- Return on assets
- 1.297656664123309%
- Return on equity
- 13.75%
- Total equity
- $173016.0B
- Offices
- 4,176
- Founded
- 01/0
- Headquarters
- 3201 N 4th Ave, Sioux Falls, SD, 57104
- FDIC cert
- 3511
- Website
Is Newport Fitness LLC your business?
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Newport Fitness LLC.