C&E Ultimate Fitness, LLC
C&E Ultimate Fitness, LLC, located in Bettendorf, Iowa, operates in the fitness and recreational sports centers industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1,113,700, approved on April 3, 2026, through Fortress Bank.
SBA 7(a) loan, change of ownership, approved Apr 3, 2026
$1,113,700 approvedLender: Fortress Bank198 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,113,700
- SBA-guaranteed amount
- $835,275 (75% of the approval)
- Lender
- Fortress Bank, Peoria, IL
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 7.25%, variable
- Term
- 16 years, 6 months (198 months)
- Estimated maturity
- October 3, 2042 (estimated, approval date plus term)
- Estimated monthly payment
- $9,659 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 10, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Project location
- Scott County, IA
- SBA district office
- Des Moines District Office
- Congressional district
- IA-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 59% of acquisition loans in Fitness and Recreational Sports Centers on this site.
- Average acquisition loan in Fitness and Recreational Sports Centers: $1,274,850.
- Average acquisition loan in Iowa: $1,701,244.
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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