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Acme Athletics LLC

Cumming, GA · Fitness and Recreational Sports Centers · NAICS 713940

Acme Athletics LLC is a fitness and recreational sports center located in Cumming, Georgia, classified under NAICS code 713940. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $500,000, approved on September 10, 2025, by Live Oak Banking Company. The loan is listed as a franchise business, associated with the Redline Athletics brand.

SBA 7(a) loan, change of ownership, approved Sep 10, 2025

$500,000 approvedLender: Live Oak Banking Company10 years termPaid in fullLoan details
Gross approval
$500,000
SBA-guaranteed amount
$375,000 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
September 10, 2035 (estimated, approval date plus term)
Estimated monthly payment
$6,470 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 26, 2025
Loan status
Paid in full
Jobs supported
5
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Franchise
Redline Athletics
Project location
Forsyth County, GA
SBA district office
Georgia District Office
Congressional district
GA-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Average acquisition loan in Fitness and Recreational Sports Centers: $1,274,850.
  • Average acquisition loan in Georgia: $2,017,638.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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