Adventure Capitalists, Inc.
Adventure Capitalists, Inc. is a business in Raleigh, North Carolina, in the fitness and recreational sports centers industry. It financed real estate or equipment through an SBA 504 loan of $2,082,000, approved on January 6, 2024, with Truist Bank as the lender and the Business Expansion Funding Corporation as the certified development company.
SBA 504 loan, approved Jan 6, 2024
- SBA (CDC) portion
- $2,082,000
- Bank portion
- $2,909,405
- Estimated project size
- $5,546,006 (estimated)
- Estimated owner equity
- $554,601 (estimated, about 10% of the project)
- Bank lender
- Truist Bank, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 20 years (240 months)
- Estimated maturity
- January 6, 2044 (estimated, approval date plus term)
- First disbursement
- Apr 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Project location
- Wake County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-2
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 57% of expansion loans in Fitness and Recreational Sports Centers on this site.
- Average expansion loan in Fitness and Recreational Sports Centers: $2,194,028.
- Average expansion loan in North Carolina: $2,167,577.
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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Same industry in North Carolina
- Lowke Enterprises Inc, Charlotte
- Invictus Fitness Hickory LLC, Hickory
- CJO Fitness LLC, Cary
- True Allies, Inc., Cary