Lender intelligence
Financing a fitness and recreational sports centers acquisition in Minnesota
The SBA 7(a) lenders funding the most fitness and recreational sports centers acquisitions in Minnesota, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in fitness and recreational sports centers · Minnesota
Ranked by funded fitness and recreational sports centers acquisitions in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.32 loans · $32M · Fargo, NDFull record →
- 2.5 loans · $1M · Winona, MNFull record →
- 3.15 loans · $10M · Grand Forks, NDFull record →
- 4.46 loans · $27M · Sartell, MNFull record →
- 5.1,296 loans · $1.4B · Wilmington, NCFull record →
- 6.3 loans · $1M · Saint Francis, MNFull record →
- 7.15 loans · $14M · Oakdale, MNFull record →
14+ funded Fitness and Recreational Sports Centers in Minnesota deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Justine Barrett LLC in Stillwater, MN — $325K (2026) · purchase · Bell Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9% variable
- Term
- 121 months
- SBA guaranteed
- $244K (75%)
- Approved
- 12/19/2025
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $361K
- Est. down payment (10%)
- $36K
- Est. cash at closing
- $48K
- Monthly payment
- $4,092
- Annual debt service
- $49K
- Cash flow needed (1.25×)
- $61K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Bell Bank · Lender record →
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- &hred Nation LLC in Saint Louis Park, MN — $150K (2025) · purchase · Alerus Financial, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $128K (85%)
- Approval → funding
- 9 days
- Approved
- 11/26/2024
- First disbursed
- 12/5/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $167K
- Est. down payment (10%)
- $17K
- Est. cash at closing
- $21K
- Monthly payment
- $2,003
- Annual debt service
- $24K
- Cash flow needed (1.25×)
- $30K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Alerus Financial, National Association · Lender record →
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- AF DL, LLC in Detroit Lakes, MN — $66K (2025) · purchase · Mid Minnesota FCU
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8.5% fixed
- Term
- 72 mo (6 yrs)
- SBA guaranteed
- $33K (50%)
- Approval → funding
- 2 days
- Approved
- 5/7/2025
- First disbursed
- 5/9/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $73K
- Est. down payment (10%)
- $7K
- Est. cash at closing
- $9K
- Monthly payment
- $1,164
- Annual debt service
- $14K
- Cash flow needed (1.25×)
- $17K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Mid Minnesota FCU
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- BUEGE ACQUISITIONS LLC in Albertville, MN — $25K (2025) · purchase · BankVista
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $13K (50%)
- Approval → funding
- 5 days
- Approved
- 10/18/2024
- First disbursed
- 10/23/2024
- Loan status
- Paid in full (11/30/2025)
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $28K
- Est. down payment (10%)
- $3K
- Est. cash at closing
- $4K
- Monthly payment
- $330
- Annual debt service
- $4K
- Cash flow needed (1.25×)
- $5K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by BankVista · Lender record →
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- N&J Fitness L.L.C. in Maple Grove, MN — $461K (2024) · purchase · Merchants Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $346K (75%)
- Approval → funding
- 21 days
- Approved
- 3/8/2024
- First disbursed
- 3/29/2024
- Loan status
- Paid in full (1/31/2026)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $512K
- Est. down payment (10%)
- $51K
- Est. cash at closing
- $68K
- Monthly payment
- $5,837
- Annual debt service
- $70K
- Cash flow needed (1.25×)
- $88K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Merchants Bank, National Association · Lender record →
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- NRG Fitness LLC in Annandale, MN — $180K (2024) · purchase · BANKWEST
- Program
- 7a General
- Rate at approval
- 9.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $135K (75%)
- Approval → funding
- 11 days
- Approved
- 8/16/2024
- First disbursed
- 8/27/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $200K
- Est. down payment (10%)
- $20K
- Est. cash at closing
- $27K
- Monthly payment
- $2,329
- Annual debt service
- $28K
- Cash flow needed (1.25×)
- $35K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by BANKWEST
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- Method Strength and Performance in Mounds View, MN — $68K (2024) · purchase · Bell Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 11% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $58K (85%)
- Approval → funding
- 12 days
- Approved
- 3/27/2024
- First disbursed
- 4/8/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $76K
- Est. down payment (10%)
- $8K
- Est. cash at closing
- $10K
- Monthly payment
- $939
- Annual debt service
- $11K
- Cash flow needed (1.25×)
- $14K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Bell Bank · Lender record →
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- GMT, LLC in Saint Paul Park, MN — $910K (2023) · purchase · Merchants Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 9% variable
- Term
- 118 months
- SBA guaranteed
- $682K (75%)
- Approval → funding
- 5 days
- Approved
- 8/16/2023
- First disbursed
- 8/21/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $1.0M
- Est. down payment (10%)
- $101K
- Est. cash at closing
- $139K
- Monthly payment
- $11,643
- Annual debt service
- $140K
- Cash flow needed (1.25×)
- $175K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Merchants Bank, National Association · Lender record →
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- Beast AF LLC in Minneapolis, MN — $700K (2023) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 10.1% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $525K (75%)
- Approval → funding
- 13 days
- Approved
- 6/22/2023
- First disbursed
- 7/5/2023
- Loan status
- Paid in full (1/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $778K
- Est. down payment (10%)
- $78K
- Est. cash at closing
- $104K
- Monthly payment
- $9,289
- Annual debt service
- $111K
- Cash flow needed (1.25×)
- $139K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- MAD Fitness LLC in Ham Lake, MN — $132K (2023) · purchase · Village Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $112K (85%)
- Approval → funding
- 1 days
- Approved
- 3/8/2023
- First disbursed
- 3/9/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $147K
- Est. down payment (10%)
- $15K
- Est. cash at closing
- $19K
- Monthly payment
- $1,639
- Annual debt service
- $20K
- Cash flow needed (1.25×)
- $25K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Village Bank · Lender record →
Your business? Claim this record · Request removal
- It's Never too Late Fitness Limited Liability Company in Mountain Lake, MN — $64K (2023) · purchase · Leading Edge Credit Union
- Program
- 7a General
- Rate at approval
- 8% variable
- Term
- 180 mo (15 yrs)
- SBA guaranteed
- $54K (85%)
- Approval → funding
- 12 days
- Approved
- 12/8/2022
- First disbursed
- 12/20/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $71K
- Est. down payment (10%)
- $7K
- Est. cash at closing
- $9K
- Monthly payment
- $612
- Annual debt service
- $7K
- Cash flow needed (1.25×)
- $9K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Leading Edge Credit Union
Your business? Claim this record · Request removal
- H4 Fitness LLC in Eden Prairie, MN — $84K (2022) · purchase · Platinum Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 119 months
- SBA guaranteed
- $71K (85%)
- Approval → funding
- 28 days
- Approved
- 1/26/2022
- First disbursed
- 2/23/2022
- Loan status
- Paid in full (8/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $93K
- Est. down payment (10%)
- $9K
- Est. cash at closing
- $12K
- Monthly payment
- $938
- Annual debt service
- $11K
- Cash flow needed (1.25×)
- $14K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Platinum Bank · Lender record →
Your business? Claim this record · Request removal
- BIG SLIM ATHLETICS INC in Edina, MN — $245K (2021) · purchase · BankVista
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $221K (90%)
- Approval → funding
- 5 days
- Approved
- 3/17/2021
- First disbursed
- 3/22/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $272K
- Est. down payment (10%)
- $27K
- Est. cash at closing
- $36K
- Monthly payment
- $2,689
- Annual debt service
- $32K
- Cash flow needed (1.25×)
- $40K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by BankVista · Lender record →
Your business? Claim this record · Request removal
- Mettle LLC in Saint Paul, MN — $147K (2020) · purchase · Northeast Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $125K (85%)
- Approval → funding
- 11 days
- Approved
- 11/19/2019
- First disbursed
- 11/30/2019
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Fitness and Recreational Sports Centers
If you were the buyer here
- Est. deal size
- $163K
- Est. down payment (10%)
- $16K
- Est. cash at closing
- $21K
- Monthly payment
- $1,663
- Annual debt service
- $20K
- Cash flow needed (1.25×)
- $25K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Northeast Bank · Lender record →
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to fitness and recreational sports centers businesses with a Minnesota project address.
Agent summary
How to finance a fitness and recreational sports centers acquisition in Minnesota with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Minnesota deals. Bell Bank funds the most here. DealRoom is not a lender.
- $516K typical loan
- 11 lenders active in Minnesota
- 14+ funded Minnesota deals
- 11 days typical to fund
Buyers buying a fitness and recreational sports centers in Minnesota typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.