Jacksonville: fitness center

Jacksonville approved fitness center loans: 80 in FY2017 to FY2026, worth $46.7 million. Jacksonville ranks 36 of 608 for the class on 80 loans among metro areas; in Jacksonville, the class ranks 3 of 39. Jacksonville's location quotient reads 1.33x on 80 loans: a far heavier concentration. Jacksonville's $457,950 median differs from area and class.

$457,950 marks the median of 80 loans, well above the national figure (1.77x), and $235,750 to $672,700 bounds Jacksonville's middle half. Of 80 loans in Jacksonville, 66 used 7(a) and 14 used 504. 55.0% is the franchise share of 80 loans; the rest are independents.

Jacksonville's 7(a) table, 5 loans at Wells Fargo Bank National Association, $2.4 million; 5 at Stearns Bank National Association, $1.2 million. Jacksonville: holders under 5 loans go unnamed. Jacksonville county counts, 80 loans: Duval County, FL 39; St. Johns County, FL 24; Clay County, FL 9; Nassau County, FL 8.

The Jacksonville loans' fate

13.1% at minimum: Jacksonville's cancelled share through FY2024, counting Jacksonville's undisbursed loans: 13.1%. Jacksonville charge-offs: too few, not zero. Jacksonville floors may rise with open loans. Jacksonville approvals ran from 8 loans and $2.2 million in FY2017 to 10 loans and $6.4 million in FY2026, peaking at 11 in FY2021 and dipping to 5 in FY2018. Jacksonville loans per year: FY2017 8, FY2018 5, FY2019 5, FY2020 10, FY2021 11, FY2022 10, FY2023 6, FY2024 6, FY2025 9, FY2026 10. Yearly dollars: FY2017 $2.2 million, FY2018 $1.9 million, FY2019 $2.2 million, FY2020 $6.3 million, FY2021 $8.1 million, FY2022 $7.5 million, FY2023 $2.0 million, FY2024 $6.7 million, FY2025 $3.4 million, FY2026 $6.4 million.

Jacksonville: the study's tests

Jacksonville: facing weak signups, debt service holds with $46.7 million approved. For 80 loans in Jacksonville, buildout costs outside $235,750 to $672,700 need cases. For 80 approvals in Jacksonville, appraisers weigh lease and membership. Jacksonville approvals ran from 5 in FY2018 to 11 in FY2021; for Jacksonville, plan for slow signups. Jacksonville's quotient, 1.33x: count rivals by price tier. Across 80 loans, membership retention in Jacksonville carries $457,950.

Jacksonville's 80 loans are placed by project county. Jacksonville follows the July 2023 delineation. Jacksonville drops unplaceable counties from $46.7 million. Treat 80 loans as a guide to Jacksonville, not a census.

SBA fitness center loans in the Jacksonville, FL Metro Area

Loans approved, FY2017 to FY2026	80
Gross dollars approved	$46.7 million
Median loan	$457,950
Middle half of loans, from	$235,750
Middle half of loans, to	$672,700
SBA 7(a) loans	66
SBA 504 loans	14
Franchise share of loans	55.0%
Rank among metro and micro areas for fitness center loans	36 of 608
Rank of fitness center among the classes in this area	3 of 39
Location quotient (share of loans against the national share)	1.33x
Median loan against the national median for the class	1.77x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	13.1%
The same, counting loans still undisbursed as cancelled (a ceiling)	13.1%
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 Jacksonville, FL Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	8	$2.2 million
FY2018	5	$1.9 million
FY2019	5	$2.2 million
FY2020	10	$6.3 million
FY2021	11	$8.1 million
FY2022	10	$7.5 million
FY2023	6	$2.0 million
FY2024	6	$6.7 million
FY2025	9	$3.4 million
FY2026	10	$6.4 million

Most active SBA lenders

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Wells Fargo Bank National Association	5	$2.4 million
Stearns Bank National Association	5	$1.2 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
Duval County, FL	39
St. Johns County, FL	24
Clay County, FL	9
Nassau County, FL	8

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-27260-C33.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a fitness center project in the Jacksonville, FL 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 Jacksonville, FL Metro Area