Franchise brands › Bodybar Pilates
Franchise brand88 approvals since FY2020
SBA loans to Bodybar Pilates 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 FY2020, 88 SBA loan approvals worth $35.6M carry the Bodybar Pilates franchise code, 61 of them in FY2021 to FY2025.
In FY2025 there were 26, up 73% on FY2024. The average approval in the five-year window was $357K.
12 lenders made the FY2021 to FY2025 loans across 13 states; the most active were The Huntington National Bank (45), First Bank of the Lake (4) and Merchants Bank of Indiana (2).
These are loans to independent franchise owners, not to 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* | 26 | $13.4M | $514K | 0 | 186 |
| FY2025 | 26 | $10.1M | $387K | 0 | 204 |
| FY2024 | 15 | $5.3M | $350K | 0 | 217 |
| FY2023 | 10 | $3.5M | $349K | 0 | 207 |
| FY2022 | 5 | $1.7M | $337K | 0 | 49 |
| FY2021 | 5 | $1.3M | $256K | 0 | 41 |
| FY2020 | 1 | — | — | 0 | 16 |
| FY2019 | 0 | — | — | 0 | 0 |
| FY2018 | 0 | — | — | 0 | 0 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Bodybar Pilates". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Bodybar Pilates | All SBA loans |
|---|---|---|
| Approvals in these years | 6 | 725,496 |
| Cancelled or never disbursed | 1 | 91,827 |
| Disbursed loans | 5 | 633,669 |
| Paid in full | 0 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 5 | 124,569 |
| Charged off, share of disbursed loans | too few loans | 6.0% |
| Dollars charged off, share of disbursed dollars | too few loans | 2.2% |
| Dollars charged off | — | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 45 | $14.1M | 73.8% | |
| 2 | First Bank of the LakeOsage Beach, MO | 4 | $1.8M | 6.6% | |
| 3 | Merchants Bank of IndianaCarmel, IN | 2 | — | 3.3% | |
| 4 | America First Federal Credit UnionRiverdale, UT | 2 | — | 3.3% | |
| 5 | First National Bank of PennsylvaniaGreenville, PA | 1 | — | 1.6% | |
| 6 | BayFirst National BankSaint Petersburg, FL | 1 | — | 1.6% | |
| 7 | Evolve Bank and TrustWest Memphis, AR | 1 | — | 1.6% | |
| 8 | Climate First BankSt. Petersburg, FL | 1 | — | 1.6% | |
| 9 | Milestone BankSalt Lake City, UT | 1 | — | 1.6% | |
| 10 | Landmark National BankManhattan, KS | 1 | — | 1.6% | |
| 11 | INTRUST Bank National AssociationWichita, KS | 1 | — | 1.6% | |
| 12 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 1.6% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Florida | 15 | 24.6% | |
| 2 | California | 11 | 18.0% | |
| 3 | Texas | 9 | 14.8% | |
| 4 | Kansas | 4 | 6.6% | |
| 5 | Utah | 4 | 6.6% | |
| 6 | Idaho | 3 | 4.9% | |
| 7 | North Carolina | 3 | 4.9% | |
| 8 | Georgia | 2 | 3.3% | |
| 9 | Ohio | 2 | 3.3% | |
| 10 | Pennsylvania | 2 | 3.3% | |
| 11 | Arizona | 2 | 3.3% | |
| 12 | New Mexico | 2 | 3.3% | |
| 13 | West Virginia | 2 | 3.3% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Amusement and Recreation IndustriesNAICS 7139 | 53 | 86.9% | |
| 2 | Other Schools and InstructionNAICS 6116 | 6 | 9.8% | |
| 3 | Personal Care ServicesNAICS 8121 | 2 | 3.3% |
Approval sizes
- $50,000 or less34.4%21
- $50,001 to $150,0001.6%1
- $150,001 to $350,0008.2%5
- $350,001 to $1 million55.7%34
Age of the businesses
- Existing, more than 2 years old6.6%4
- New business, 2 years or less4.9%3
- Startup, loan funds will open the business88.5%54
Questions and answers
How many SBA loans go to Bodybar Pilates franchises?
88 approvals since FY2020, worth $35.6M; 61 in FY2021 to FY2025.
Which lenders make SBA loans for Bodybar Pilates franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (45), First Bank of the Lake (4), Merchants Bank of Indiana (2), America First Federal Credit Union (2), First National Bank of Pennsylvania (1).
How large is a typical SBA loan for a Bodybar Pilates franchise?
The average approval in FY2021 to FY2025 was $357K.
What share of Bodybar Pilates SBA loans are charged off?
There are fewer than 30 disbursed loans from the matured approval years, too few for a rate.
Are SBA loans to Bodybar Pilates franchises rising?
Approvals in the three latest complete fiscal years total 51, against 11 in the three before: rising (+364%).
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