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The Wheel Fitness LLC — SBA Loan Record (Nisswa, MN) | DealRoom

Intelligence/Fitness and Recreational Sports Centers/MN

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SBA lending record

The Wheel Fitness LLC

8123 Ridge Road, Nisswa, MN 56468 · Fitness and Recreational Sports Centers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$25K

Total SBA financing

1

Loan on record

FY2021

On record

2

Jobs supported

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

Is The Wheel Fitness 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

$25,000 — FY2021

Gross approval: $25,000
SBA guaranteed: $18,750 (75%)
Status: Paid in full
Rate at approval: 6.5% f
Term: 60 mo (5 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 2/5/2021
First disbursement: 2/5/2021
Days to fund: 0 days
Paid in full: 6/30/2023
Collateral: Required
Jobs supported: 2
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Fitness and Recreational Sports Centers
NAICS code: 713940
Lender: First Western Bank & Trust
Address: 8123 Ridge Road
City: Nisswa, 56468
County: Crow Wing
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 8

The lender

First Western Bank & Trust

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.

You Beauty Boutique & Spa, LLC

Ottertail, MN· ~57 mi

Fitness and Recreational Sports Centers

$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

JAD FITNESS LLC

Minnetrista, MN· ~115 mi

Fitness and Recreational Sports Centers

$29K
SBA financing: ≈ $57K–$95K
Est. revenue (rough)

AMIOT LEGACY HEALTH CORP

Saint Paul, MN· ~119 mi

Fitness and Recreational Sports Centers

$20K
SBA financing: ≈ $39K–$65K
Est. revenue (rough)

Anytime Fitness of Detroit Lakes LLC

Detroit Lakes, MN· ~76 mi

Fitness and Recreational Sports Centers

$50K
SBA financing: ≈ $98K–$164K
Est. revenue (rough)

Phoenix Gymnastics Club LLC

Bloomer, WI· ~171 mi

Fitness and Recreational Sports Centers

$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

RF Management LLC

Pine River, MN· ~15 mi

Fitness and Recreational Sports Centers

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

Agent summary

This page summarizes the public SBA 7(a) lending record for The Wheel Fitness LLC in Nisswa, 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 $25K
On record FY2021
2 jobs supported
Industry: Fitness and Recreational Sports Centers
Location: Nisswa, MN
Lender: First Western Bank & Trust

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 ~$25k 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/the-wheel-fitness-llc-mn
API:: https://dealroom.so/api/public/businesses/the-wheel-fitness-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 The Wheel Fitness 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 The Wheel Fitness LLC.