Franchise brands › Burn Boot Camp Fitness
Franchise brand147 approvals since FY2018
SBA loans to Burn Boot Camp 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.
SBA lists 147 loan approvals since FY2018 under the Burn Boot Camp Fitness franchise brand, worth $45.0M; 73 of them came in FY2021 to FY2025.
In FY2025 there were 10, down 33% on FY2024. The average approval in the five-year window was $341K.
25 lenders made the FY2021 to FY2025 loans across 23 states; the most active were The Huntington National Bank (34), Choice Financial Group (5) and Pinnacle Bank (3).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 0.0% as charged off, below 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* | 10 | $3.4M | $343K | 2 | 111 |
| FY2025 | 10 | $3.9M | $393K | 0 | 93 |
| FY2024 | 15 | $6.5M | $430K | 0 | 226 |
| FY2023 | 21 | $4.4M | $209K | 0 | 305 |
| FY2022 | 17 | $4.6M | $271K | 0 | 217 |
| FY2021 | 10 | $5.5M | $551K | 0 | 148 |
| FY2020 | 19 | $4.6M | $243K | 0 | 212 |
| FY2019 | 30 | $7.2M | $241K | 1 | 338 |
| FY2018 | 15 | $4.8M | $322K | 0 | 143 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Burn Boot Camp Fitness". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Burn Boot Camp Fitness | All SBA loans |
|---|---|---|
| Approvals in these years | 74 | 725,496 |
| Cancelled or never disbursed | 8 | 91,827 |
| Disbursed loans | 66 | 633,669 |
| Paid in full | 39 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 27 | 124,569 |
| Charged off, share of disbursed loans | 0.0% | 6.0% |
| Dollars charged off, share of disbursed dollars | 0.0% | 2.2% |
| Dollars charged off | $0 | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 34 | $7.2M | 46.6% | |
| 2 | Choice Financial GroupFargo, ND | 5 | $960K | 6.8% | |
| 3 | Pinnacle BankNashville, TN | 3 | $3.5M | 4.1% | |
| 4 | Citizens BankElizabethton, TN | 3 | $1.1M | 4.1% | |
| 5 | Oconee State BankWatkinsville, GA | 3 | $981K | 4.1% | |
| 6 | Platinum BankOakdale, MN | 3 | $459K | 4.1% | |
| 7 | American Bank & Trust Company, Inc.Bowling Green, KY | 2 | — | 2.7% | |
| 8 | Telhio Credit Union IncColumbus, OH | 2 | — | 2.7% | |
| 9 | First Oklahoma BankJenks, OK | 1 | — | 1.4% | |
| 10 | One Community BankOregon, WI | 1 | — | 1.4% | |
| 11 | Colony BankFitzgerald, GA | 1 | — | 1.4% | |
| 12 | Newtek Bank, National AssociationMiami, FL | 1 | — | 1.4% | |
| 13 | Port 51 Lending LLCNew York, NY | 1 | — | 1.4% | |
| 14 | Central BankProvo, UT | 1 | — | 1.4% | |
| 15 | Magnifi Financial CUMelrose, MN | 1 | — | 1.4% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 11 | 15.1% | |
| 2 | Minnesota | 11 | 15.1% | |
| 3 | Pennsylvania | 8 | 11.0% | |
| 4 | Florida | 7 | 9.6% | |
| 5 | California | 5 | 6.8% | |
| 6 | Georgia | 5 | 6.8% | |
| 7 | Tennessee | 3 | 4.1% | |
| 8 | Virginia | 3 | 4.1% | |
| 9 | Ohio | 3 | 4.1% | |
| 10 | Kentucky | 2 | 2.7% | |
| 11 | Colorado | 2 | 2.7% | |
| 12 | Iowa | 2 | 2.7% | |
| 13 | Oklahoma | 1 | 1.4% | |
| 14 | North Carolina | 1 | 1.4% | |
| 15 | Wisconsin | 1 | 1.4% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Amusement and Recreation IndustriesNAICS 7139 | 72 | 98.6% | |
| 2 | Other Personal ServicesNAICS 8129 | 1 | 1.4% |
Approval sizes
- $50,000 or less23.3%17
- $50,001 to $150,0002.7%2
- $150,001 to $350,00043.8%32
- $350,001 to $1 million27.4%20
- Over $2 million2.7%2
Age of the businesses
- Existing, more than 2 years old9.6%7
- New business, 2 years or less8.2%6
- Startup, loan funds will open the business74.0%54
- Change of ownership8.2%6
Questions and answers
How many SBA loans go to Burn Boot Camp Fitness franchises?
147 approvals since FY2018, worth $45.0M; 73 in FY2021 to FY2025.
Which lenders make SBA loans for Burn Boot Camp Fitness franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (34), Choice Financial Group (5), Pinnacle Bank (3), Citizens Bank (3), Oconee State Bank (3).
How large is a typical SBA loan for a Burn Boot Camp Fitness franchise?
The average approval in FY2021 to FY2025 was $341K.
What share of Burn Boot Camp Fitness SBA loans are charged off?
Of 66 disbursed loans approved in FY2010 to FY2021, 0 (0.0%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Burn Boot Camp Fitness franchises rising?
Approvals in the three latest complete fiscal years total 46, against 46 in the three before: broadly level (0%).
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