Fitness Center Feasibility Study in the Riverside-San Bernardino-Ontario, CA Metro Area

Sizing up 115 Riverside loans

Between FY2017 and FY2026 the Riverside-San Bernardino-Ontario area logged 115 fitness center loans, with $45.3 million approved. The median loan is $250,000, with the middle half ranging $61,100 through $497,750, and that median is 0.96x the national one, just below it. The cell's distinct metric is its charge-off floor, 24.3% of 37 disbursed loans, which the sections below set beside the cancellation floor.

Riverside, CA ranks 28 of 608 for fitness center

By program the split reads 107 for 7(a) against 8 for 504, so 7(a) is far ahead. Franchise loans are 49.6% of the record. Within the area it takes 9th place of 39 classes, and the area holds 28 of 608 among areas for fitness center. A location quotient of 0.63x puts the class lighter in Riverside than nationwide. By county, Riverside County, CA has 60 loans and San Bernardino County, CA has 55.

Who holds the 115 Riverside-San Bernardino-Ontario loans

Approvals were highest in FY2025 (24 loans, $7.7 million) and lowest in FY2021 (5 loans, $1.8 million). Among the 7(a) holders, The Huntington National Bank has 14 loans and $3.3 million, U.S. Bank, National Association has 14 loans and $1.7 million, and Citizens Bank (TN) has 9 loans and $3.7 million. Citizens Bank (TN) therefore holds the most dollars, while The Huntington National Bank and U.S. Bank, National Association hold the most loans. These are holdings in SBA's file and no requirement can be read from them. Cancellation stands at 16.9% or more, and the ceiling, with undisbursed loans included, lands on that same 16.9%. Of 37 loans disbursed through FY2021, 24.3% or more are charged off, a floor, while the within-five-years rate is withheld.

Testing a fitness center project in Riverside, CA

For fitness center in Riverside, the first question is rival gyms and boutique studios, the pull of nearby households and peak-hour crowding, measured site by site. Then Riverside costs: floor buildout, locker and shower areas and equipment, each checked for Riverside-San Bernardino-Ontario and compared with the $250,000 median loan. Coverage in Riverside, CA is tested at $250,000, $61,100 and $497,750 alike, since the file spans that range. Riverside, CA appraisers will value the lease term, leasehold improvements and fitness equipment one at a time, so the Riverside study should do the same. The $45.3 million file records past lending, not a forecast, and promises no borrower an approval.

How to read Riverside, CA's $45.3 million

By project county, the area claims 115 loans. Counties such as Riverside County, CA reach the area because their names appear on the July 2023 boundary list. The cancellation rate draws on FY2017 to FY2024 approvals; the charge-off rate draws on a shorter FY2017 to FY2021 run of disbursements.