Fitness in Boulder County

Boulder holds 68 of 608 among areas for fitness center loans, and fitness center holds 4 of 39 among Boulder's classes. All 34 approved loans, worth $18.3 million, sit in Boulder County and fall between FY2017 and FY2026. Set beside the national mix, Boulder yields 1.59x: fitness center loans take a larger share there. The rank, location quotient and dollars are stated plainly and need no further label.

A median of $322,050 is 1.24x the national median throughout fitness centers, and half of all loans land between $91,250 and $588,850; the upper edge is far above the lower. The franchise share of loans is 52.9%. SBA's data here leaves out how these loans divide throughout 7(a) and 504 in Boulder. Boulder: the totals count merely SBA-recorded fitness center loans, so a study in Boulder should take them as merely one input for fitness center.

Holder and year

Holder of 9 7(a) loans worth $2.6 million: The Huntington National Bank. Holding is the just thing reported; no lending method is stated. FY2024 is the one year printed, with 6 loans and $1.6 million. Boulder's two outcome rates are not printed, because the Boulder FY2017 to FY2021 set of loans holds fewer than 30 loans, under Loan Analytics' own line for Boulder. A rate left blank in Boulder is not a rate of zero.

Boulder County fitness plans are judged on three things: the member base the site can draw, the fit between buildout cost and a loan inside the Boulder band from $91,250 to $588,850, and revenue that covers rent or ownership. Show payment cover twice, once with slow membership growth and once with a franchise fee. A lender will want a lease that outruns the loan and an appraisal of any real estate on its own. The metro is set by project county, so loans from counties Boulder does not place stay left out of its totals.

Reading the Boulder figures

A lender will see that 52.9% of the Boulder loans carry a franchise brand, so a request has to say which model it follows. A borrower should read Boulder's middle band as the span that lenders holding these loans have actually carried: its lower edge is a small studio-scale request, and its upper edge is closer to a full facility. The page prints only the year FY2024, so it offers no basis for a trend claim of any kind.

SBA fitness center loans in the Boulder, CO Metro Area

Loans approved, FY2017 to FY2026	34
Gross dollars approved	$18.3 million
Median loan	$322,050
Middle half of loans, from	$91,250
Middle half of loans, to	$588,850
SBA 7(a) loans	withheld
SBA 504 loans	withheld
Franchise share of loans	52.9%
Rank among metro and micro areas for fitness center loans	68 of 608
Rank of fitness center among the classes in this area	4 of 39
Location quotient (share of loans against the national share)	1.59x
Median loan against the national median for the class	1.24x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	not reported: fewer than 30 loans in the cohort
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA fitness center loans approved in the Boulder, CO Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	withheld	withheld
FY2018	withheld	withheld
FY2019	withheld	withheld
FY2020	withheld	withheld
FY2021	withheld	withheld
FY2022	withheld	withheld
FY2023	withheld	withheld
FY2024	6	$1.6 million
FY2025	withheld	withheld
FY2026	withheld	withheld

Most active SBA lenders

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
The Huntington National Bank	9	$2.6 million

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Where the loans are, by county

County	Loans
Boulder County, CO	34

Counties with 5 or more loans; smaller ones are not listed.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MA-14500-C33.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a fitness center project in the Boulder, CO Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Fitness Center Feasibility Study in the Boulder, CO Metro Area