Fit 1 Ammon LLC
Fit 1 Ammon LLC is a fitness and recreational sports center in Idaho Falls, Idaho, classified under NAICS code 713940. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,254,000, approved on July 28, 2025, through The Bank of Commerce and East-Central Idaho Development Company.
SBA 504 loan, approved Jul 28, 2025
$2,254,000 SBA portionCDC: East-Central Idaho Development Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,254,000
- Bank portion
- $2,754,604
- Estimated project size
- $5,565,116 (estimated)
- Estimated owner equity
- $556,512 (estimated, about 10% of the project)
- Bank lender
- The Bank of Commerce, Idaho Falls, ID
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- July 28, 2050 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Project location
- Bonneville County, ID
- SBA district office
- Boise District Office
- Congressional district
- ID-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 61% 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 Idaho: $1,940,500.
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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