Trim Fitness Studio
Trim Fitness Studio is a fitness and recreational sports center located in Huntington Beach, California. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $1.3 million, approved on June 10, 2026, through City National Bank.
SBA 7(a) loan, change of ownership, approved Jun 10, 2026
$1,300,000 approvedLender: City National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,300,000
- SBA-guaranteed amount
- $975,000 (75% of the approval)
- Lender
- City National Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.4%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- June 10, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $15,363 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 23, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Project location
- Orange County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-48
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 68% 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 California: $1,688,228.
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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