Fitness Center Feasibility Study in the Springfield, MO Metro Area

Fitness center in Springfield: the loan record

Springfield gets 35 loans approved for fitness center, $11.5 million gross, from FY2017 to FY2026. Springfield, for fitness center, ranks 65 of 608 in the area ranking. Within Springfield, fitness center ranks 4 of 39. Springfield's quotient is 1.15x: fitness center above the national share.

Springfield size and franchise status

Springfield shows half its loans at or under $191,000, with the middle half spanning $108,150 up to $367,700. Springfield stands at 0.74x against the national class median. Springfield loans run below the national middle. Springfield has 28 loans under 7(a). Springfield has 7 under 504. Springfield 504 loans fund property and equipment. In Springfield, 7(a) adds working capital or acquisitions. Springfield franchise share of loans is 31.4%. Springfield loans run smaller, so Springfield overruns weigh more.

Springfield holders and counties

Holder in Springfield: OakStar Bank, 8 loans, $2.1 million, SBA 7(a). Springfield SBA 504 holder: 7 loans, $3.8 million, Rural Missouri, Inc.. Listed Springfield names are current holders, per SBA. Springfield rows speak to files, not requirements. Springfield borrowers see holders, not lenders. Springfield has one county, Greene County, MO, with all 25 loans.

Springfield years, floors and coding limits

Springfield prints only these fiscal years. In FY2017, Springfield had 6 loans worth $728,000. In FY2018, Springfield had 5 loans worth $1.1 million. In FY2020, Springfield had 5 loans worth $1.4 million. Other Springfield years stay blank on thin counts. Springfield blanks are silence, never zero, and Springfield treats FY2026 as complete. Springfield floors follow Loan Analytics' own rule. That Springfield cohort holds fewer than 30 loans. The Springfield cohort covers FY2017 to FY2021 disbursements. So Springfield prints no cancellation floor. So Springfield prints no charge-off floor. Springfield's blank floor is no zero. Springfield borrowers learn little from it. Any Springfield rate that prints is a floor. Springfield borders come from the July 2023 list. Springfield places each loan by project county. Springfield drops loans with unplaceable counties.

Springfield: testing a fitness center project

Springfield fitness center requests start from the $191,000 median, a first yardstick in Springfield. A fitness center study in Springfield starts with membership: how many members the floor can hold, what they pay, and how many stay. In Springfield, churn is the quiet risk, so the study tests coverage in a year when joins fall short of the plan. A Springfield lender will ask what equipment costs, how long it lasts, and whether the lease on the space allows the layout. Daniel Smith, MAI, signs each Springfield study. Springfield demand and cost come first. In Springfield, coverage follows, then the appraisal. No Springfield approval is promised by any study.