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Strengthening the Suncoast, LLC

Sarasota, FL · Fitness and Recreational Sports Centers · NAICS 713940

Strengthening the Suncoast, LLC is located in Sarasota, Florida, and operates in the fitness and recreational sports centers industry (NAICS 713940). It was financed with an SBA 7(a) loan for a change of ownership of $957,000, from The Huntington National Bank, with an approval date of July 29, 2026.

SBA 7(a) loan, change of ownership, approved Jul 29, 2026

$957,000 approvedLender: The Huntington National Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$957,000
SBA-guaranteed amount
$717,750 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
July 29, 2036 (estimated, approval date plus term)
Estimated monthly payment
$12,253 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
9
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
Sarasota County, FL
SBA district office
South Florida District Office
Congressional district
FL-16
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 48% 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 Florida: $1,808,559.

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 Florida