SBA 7(a) Fitness Center Feasibility Study in Hawaii

What Hawaii data for fitness center (SBA 7(a)) lending

For fitness center projects in Hawaii, SBA recorded 25 approvals, $4.8 million in gross dollars, in Hawaii under 7(a) across FY2017 to FY2026. Hawaii's fitness center volume under SBA 7(a) ranks 49 nationally on loan count, while fitness center sits 4 of 39 within Hawaii's asset classes. Typical size: $50,000. Compared with SBA 7(a) fitness center loans nationwide, Hawaii runs at 0.20x on the median, a lighter loan profile. Half of all Hawaii approvals fall from $27,900 to $256,000. The franchise share of Hawaii loans is 28.0%. Neither the $50,000 median nor any other metric for Hawaii fitness center loans stands out from both parents, so Hawaii's lenders, counties and years carry the fitness center page.

For Hawaii fitness center: lenders and local spread

Among Hawaii lenders, the top names by loans approved are Central Pacific Bank with 14 loans worth $457,900. Treat the 14 loans and $457,900 for Central Pacific Bank with care: SBA lists each Hawaii loan's present holder, so a Hawaii lender above could have taken over a fitness center note instead of writing it. Within Hawaii, the counties with the most loans are Honolulu with 16, Maui with 3 and Kauai with 1. Timing shows a clear story for fitness center in Hawaii: approvals peaked at 6 loans, worth $167,900, in FY2023, with FY2026 at 1 loans and $810,000; the series opened with 3 loans in FY2017.

Hawaii: cancellations, charge-offs and one fitness center coding limit

Cancellation after approval is not printed for Hawaii fitness center, since the Hawaii cohort holds too few fitness center loans for a rate; a fitness center blank for Hawaii is held back, never a zero. On Hawaii fitness center loans funded from FY2017 to FY2021, the Hawaii fitness center loss rate is withheld; with so few Hawaii fitness center loans in that group, no Hawaii figure is shown here, and the empty space carries no implied zero. Institutions should take these Hawaii rates as floors, not as final results. Nothing special in the coding distorts fitness center totals for Hawaii, though SBA sorts Hawaii applicants by industry code, and a fitness center operator can be filed under a neighbouring Hawaii class.

Testing a Hawaii fitness center loan application

Under 7(a), a Hawaii fitness center request is judged by the Hawaii participating lender, whose guaranteed fitness center loan depends on Hawaii cash flow and collateral the Hawaii study has to document. Demand for a Hawaii fitness center rests on nearby households, incomes and existing gyms competing for members. Floor equipment, locker rooms and ceiling requirements shape fitness center build-out in Hawaii, and every item gets a figure. Debt service coverage for Hawaii fitness center should be tested at the $50,000 median and as well near $256,000, the top end of the Hawaii middle half, with a weaker fitness center case next to each. Appraisal of fitness center real estate across Hawaii depends on what another operator would carry. A borrower who is approaching Central Pacific Bank can read its 14 loans here as perspective alone, because the SBA totals describe past loans and say nothing about the terms offered to you.

Treat the Hawaii fitness center history above, 25 loans, as background: a fitness center study from Loan Analytics for Hawaii, signed by Daniel Smith, MAI, for fitness center, does the site-specific Hawaii testing, and nothing here assures Hawaii approval of a fitness center loan.