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Bodyplex Fitness Gainesville

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

Bodyplex Fitness Gainesville is a fitness and recreational sports center in Gainesville, Georgia, classified under NAICS code 713940. The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $3,027,000 and a total project amount of $3,676,000, approved on June 27, 2025, through Community Bank of Pickens County and Capital Partners Certified Development Company.

SBA 504 loan, approved Jun 27, 2025

$3,027,000 SBA portionCDC: Capital Partners Certified Development Company25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$3,027,000
Bank portion
$3,676,000
Estimated project size
$7,447,778 (estimated)
Estimated owner equity
$744,778 (estimated, about 10% of the project)
Bank lender
Community Bank of Pickens County, Jasper, GA
CDC
Capital Partners Certified Development Company
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
June 27, 2050 (estimated, approval date plus term)
First disbursement
Sep 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Franchise
Bodyplex, Inc. - License Agreement
Project location
Hall County, GA
SBA district office
Georgia District Office
Congressional district
GA-9
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 80% 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 Georgia: $2,201,121.

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 Georgia