Vitality Enterprises LLC
Vitality Enterprises LLC is located in VOORHEES Township, NJ, and the SBA lists its industry as Fitness and Recreational Sports Centers. It was approved for an SBA 7(a) loan of $927,300 for a change of ownership on May 25, 2025.
SBA 7(a) loan, change of ownership, approved May 25, 2025
- Gross approval
- $927,300
- SBA-guaranteed amount
- $695,475 (75% of the approval)
- Lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.61%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- May 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,581 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Franchise
- Orange Theory Fitness
- Project location
- Camden County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 45% 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 New Jersey: $1,626,307.
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 New Jersey
- Waldwick Racquet Courts LLC, Waldwick
- Happy Handstands, LLC, Sea Girt
- Longevity Enterprises LLC, Sewell
- Bridgewater Fitness LLC, Bridgewater
- Park Lake Property LLC, Sparta