Planet Fitness
Planet Fitness, located in Manhattan Beach, California, operates in the fitness and recreational sports centers industry (NAICS 713940) and is a franchise. The business financed real estate or equipment through an SBA 504 loan of $2,502,000, approved on July 29, 2025, with JPMorgan Chase Bank, National Association as the lender and the California Statewide Certified Development Corporation as the certified development company.
SBA 504 loan, approved Jul 29, 2025
$2,502,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,502,000
- Bank portion
- $3,557,211
- Estimated project size
- $6,732,457 (estimated)
- Estimated owner equity
- $673,246 (estimated, about 10% of the project)
- Bank lender
- JPMorgan Chase Bank, National Association, Columbus, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 29, 2050 (estimated, approval date plus term)
- First disbursement
- Aug 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Franchise
- Planet Fitness
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-25
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Larger than 69% 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 California: $2,161,468.
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 California
- Dos Gueros Holdings, LLC, Calexico
- Category One LLC, Oakland
- Trim Fitness Studio, Huntington Beach
- East Bay Fitness Group LLC, Sacramento
- Beard Asset Management LLC, Fresno
- Hot Elevation Studios, Capitola
- AAP Roseville LLC, Roseville
- South Bay Strength Holdings LLC, Harbor City