Main Street Registry

Fit 1 South Logan LLC

Providence, UT · Fitness and Recreational Sports Centers · NAICS 713940

Fit 1 South Logan LLC is a fitness and recreational sports center located in Providence, Utah, in the fitness and recreational sports centers industry. The company was approved for an SBA 504 loan, under which it financed real estate or equipment through an SBA 504 loan of $1,143,000 from The Bank of Commerce, with the certified development company East-Central Idaho Development Company, and the loan was approved on June 29, 2026.

SBA 504 loan, approved Jun 29, 2026

$1,143,000 SBA portionCDC: East-Central Idaho Development Company25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,143,000
Bank portion
$3,919,198
Estimated project size
$5,624,664 (estimated)
Estimated owner equity
$562,466 (estimated, about 10% of the project)
Bank lender
The Bank of Commerce, Idaho Falls, ID
CDC
East-Central Idaho Development Company
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
June 29, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
12
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
Cache County, UT
SBA district office
Utah District Office
Congressional district
UT-1
Collateral
Yes

Estimated share of project by source

Bank 70% SBA (CDC) 20% Owner 10%

  • Larger than 17% 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 Utah: $2,117,884.

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 Utah