Los Angeles: fitness center

Los Angeles approved fitness center loans: 378 in FY2017 to FY2026, worth $164.5 million. Los Angeles ranks 4 of 608 for the class on 378 loans among metro areas; in Los Angeles, the class ranks 8 of 39. Los Angeles's location quotient reads 0.60x on 378 loans: a much lighter concentration. In Los Angeles, ranks and the 0.60x quotient, from 378 loans, distinguish the class; Los Angeles size is 0.94x the national median.

$244,150 marks the median of 378 loans, below the national figure (0.94x), and $100,000 to $500,000 bounds Los Angeles's middle half. Of 378 loans in Los Angeles, 365 used 7(a) and 13 used 504. 38.1% is the franchise share of 378 loans; the rest are independents.

Los Angeles's 7(a) table, 35 loans at The Huntington National Bank, $9.8 million; 27 at Wells Fargo Bank National Association, $5.9 million; 27 at Newtek Bank, National Association, $5.4 million; 23 at U.S. Bank, National Association, $3.8 million; 21 at JPMorgan Chase Bank, National Association, $5.2 million. Los Angeles: holders under 5 loans go unnamed. Los Angeles county counts, 378 loans: Los Angeles County, CA 250; Orange County, CA 128.

The Los Angeles loans' fate

14.6% at minimum: Los Angeles's cancelled share through FY2024. Los Angeles's ceiling for undisbursed loans: withheld. Los Angeles: 10.2% or more are charged off among 128 FY2017 to FY2021 loans. Los Angeles withholds its five-year measure, not zero. Los Angeles floors may rise with open loans. Los Angeles approvals ran from 42 loans and $11.5 million in FY2017 to 59 loans and $24.6 million in FY2026, peaking at 66 in FY2025 and dipping to 17 in FY2022. Los Angeles loans per year: FY2017 42, FY2018 31, FY2019 28, FY2020 31, FY2021 18, FY2022 17, FY2023 29, FY2024 57, FY2025 66, FY2026 59. Yearly dollars: FY2017 $11.5 million, FY2018 $9.6 million, FY2019 $9.6 million, FY2020 $17.4 million, FY2021 $10.4 million, FY2022 $7.6 million, FY2023 $14.3 million, FY2024 $24.5 million, FY2025 $34.8 million, FY2026 $24.6 million.

Los Angeles: the study's tests

For 378 approvals in Los Angeles, appraisers weigh lease and membership. Los Angeles approvals ran from 17 in FY2022 to 66 in FY2025; for Los Angeles, plan for slow signups. Los Angeles's quotient, 0.60x: count rivals by price tier. Across 378 loans, membership retention in Los Angeles carries $244,150. Los Angeles: facing weak signups, debt service holds with $164.5 million approved. For 378 loans in Los Angeles, buildout costs outside $100,000 to $500,000 need cases.

Los Angeles's 378 loans are placed by project county. Los Angeles follows the July 2023 delineation. Los Angeles drops unplaceable counties from $164.5 million. Treat 378 loans as a guide to Los Angeles, not a census.

SBA fitness center loans in the Los Angeles-Long Beach-Anaheim, CA Metro Area

Loans approved, FY2017 to FY2026	378
Gross dollars approved	$164.5 million
Median loan	$244,150
Middle half of loans, from	$100,000
Middle half of loans, to	$500,000
SBA 7(a) loans	365
SBA 504 loans	13
Franchise share of loans	38.1%
Rank among metro and micro areas for fitness center loans	4 of 608
Rank of fitness center among the classes in this area	8 of 39
Location quotient (share of loans against the national share)	0.60x
Median loan against the national median for the class	0.94x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	14.6%
The same, counting loans still undisbursed as cancelled (a ceiling)	withheld
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	10.2%
Charged off within five years of approval	withheld
Loans in that cohort	128

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 Los Angeles-Long Beach-Anaheim, CA Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	42	$11.5 million
FY2018	31	$9.6 million
FY2019	28	$9.6 million
FY2020	31	$17.4 million
FY2021	18	$10.4 million
FY2022	17	$7.6 million
FY2023	29	$14.3 million
FY2024	57	$24.5 million
FY2025	66	$34.8 million
FY2026	59	$24.6 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
The Huntington National Bank	35	$9.8 million
Wells Fargo Bank National Association	27	$5.9 million
Newtek Bank, National Association	27	$5.4 million
U.S. Bank, National Association	23	$3.8 million
JPMorgan Chase Bank, National Association	21	$5.2 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
Los Angeles County, CA	250
Orange County, CA	128

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-31080-C33.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a fitness center project in the Los Angeles-Long Beach-Anaheim, CA 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 Los Angeles-Long Beach-Anaheim, CA Metro Area