Franchise brands › Anytime Fitness
Franchise brand1,135 approvals since FY2010
SBA loans to Anytime Fitness franchises
Approvals SBA files under the brand's franchise code. The loans are to independent franchise owners; this page describes the brand in aggregate and no franchisee.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Since FY2010, 1,135 SBA loan approvals worth $497M carry the Anytime Fitness franchise code, 242 of them in FY2021 to FY2025.
In FY2025 there were 39, down 22% on FY2024. The average approval in the five-year window was $520K, and 16 of the approvals were 504 loans.
39 lenders made the FY2021 to FY2025 loans across 41 states; the most active were Platinum Bank (46), KeyBank National Association (36) and The Huntington National Bank (34).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 9.5% as charged off, above the 6.0% for all SBA loans from those years. The figures describe loans to independent franchise owners, not the franchisor.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Loans by fiscal year
| Fiscal year | Approvals | Dollars approved | Average approval | of which 504 | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 22 | $13.4M | $611K | 1 | 171 |
| FY2025 | 39 | $28.5M | $730K | 3 | 326 |
| FY2024 | 50 | $23.6M | $472K | 0 | 307 |
| FY2023 | 44 | $22.5M | $511K | 2 | 385 |
| FY2022 | 52 | $21.2M | $407K | 5 | 324 |
| FY2021 | 57 | $30.1M | $527K | 6 | 350 |
| FY2020 | 77 | $49.8M | $646K | 2 | 694 |
| FY2019 | 106 | $53.5M | $505K | 4 | 644 |
| FY2018 | 101 | $58.3M | $577K | 1 | 816 |
| FY2017 | 100 | $40.9M | $409K | 6 | 592 |
| FY2016 | 101 | $44.6M | $442K | 4 | 527 |
SBA's franchise field lists the brand as "ANYTIME FITNESS"; "Anytime Fitness". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Anytime Fitness | All SBA loans |
|---|---|---|
| Approvals in these years | 928 | 725,496 |
| Cancelled or never disbursed | 88 | 91,827 |
| Disbursed loans | 840 | 633,669 |
| Paid in full | 606 | 471,304 |
| Charged off | 80 | 37,796 |
| Still outstanding (status exempt from disclosure) | 154 | 124,569 |
| Charged off, share of disbursed loans | 9.5% | 6.0% |
| Dollars charged off, share of disbursed dollars | 6.6% | 2.2% |
| Dollars charged off | $23.7M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Platinum BankOakdale, MN | 46 | $24.5M | 19.0% | |
| 2 | KeyBank National AssociationCleveland, OH | 36 | $18.6M | 14.9% | |
| 3 | The Huntington National BankColumbus, OH | 34 | $11.4M | 14.0% | |
| 4 | Live Oak Banking CompanyWilmington, NC | 27 | $20.4M | 11.2% | |
| 5 | Peoples BankMendenhall, MS | 9 | $1.7M | 3.7% | |
| 6 | Home Bank, SBMartinsville, IN | 4 | $1.6M | 1.7% | |
| 7 | Zions Bank, A Division ofSalt Lake City, UT | 3 | $550K | 1.2% | |
| 8 | BayFirst National BankSaint Petersburg, FL | 3 | $297K | 1.2% | |
| 9 | Pathward National AssociationSioux Falls, SD | 2 | — | 0.8% | |
| 10 | Dakota Business LendingFargo, ND · CDC | 2 | — | 0.8% | |
| 11 | TD Bank, National AssociationWilmington, DE | 2 | — | 0.8% | |
| 12 | Mountain America FCUSandy, UT | 2 | — | 0.8% | |
| 13 | Community Certified Development CorporationHouston, TX · CDC | 2 | — | 0.8% | |
| 14 | Fifth Third BankCincinnati, OH | 2 | — | 0.8% | |
| 15 | River City BankRome, GA | 2 | — | 0.8% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 29 | 12.0% | |
| 2 | Florida | 24 | 9.9% | |
| 3 | California | 18 | 7.4% | |
| 4 | Illinois | 16 | 6.6% | |
| 5 | Indiana | 12 | 5.0% | |
| 6 | Washington | 11 | 4.5% | |
| 7 | North Carolina | 10 | 4.1% | |
| 8 | South Carolina | 8 | 3.3% | |
| 9 | Tennessee | 8 | 3.3% | |
| 10 | Minnesota | 8 | 3.3% | |
| 11 | Georgia | 7 | 2.9% | |
| 12 | Michigan | 7 | 2.9% | |
| 13 | Pennsylvania | 6 | 2.5% | |
| 14 | Missouri | 6 | 2.5% | |
| 15 | Virginia | 6 | 2.5% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Amusement and Recreation IndustriesNAICS 7139 | 237 | 97.9% | |
| 2 | Other Personal ServicesNAICS 8129 | 4 | 1.7% | |
| 3 | Traveler AccommodationNAICS 7211 | 1 | 0.4% |
Approval sizes
- $50,000 or less10.3%25
- $50,001 to $150,00018.6%45
- $150,001 to $350,00015.7%38
- $350,001 to $1 million49.2%119
- $1 million to $2 million3.7%9
- Over $2 million2.5%6
Age of the businesses
- Existing, more than 2 years old26.4%64
- New business, 2 years or less8.3%20
- Startup, loan funds will open the business52.9%128
- Change of ownership12.4%30
Questions and answers
How many SBA loans go to Anytime Fitness franchises?
1,135 approvals since FY2010, worth $497M; 242 in FY2021 to FY2025.
Which lenders make SBA loans for Anytime Fitness franchises?
By approvals in FY2021 to FY2025: Platinum Bank (46), KeyBank National Association (36), The Huntington National Bank (34), Live Oak Banking Company (27), Peoples Bank (9).
How large is a typical SBA loan for a Anytime Fitness franchise?
The average approval in FY2021 to FY2025 was $520K.
What share of Anytime Fitness SBA loans are charged off?
Of 840 disbursed loans approved in FY2010 to FY2021, 80 (9.5%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Anytime Fitness franchises rising?
Approvals in the three latest complete fiscal years total 133, against 186 in the three before: falling (-28%).
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error