Franchise brands › Club Pilates
Franchise brand292 approvals since FY2015
SBA loans to Club 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.
SBA lists 292 loan approvals since FY2015 under the Club Pilates franchise brand, worth $81.8M; 79 of them came in FY2021 to FY2025.
In FY2025 there were 13, about level with FY2024. The average approval in the five-year window was $395K, and 2 of the approvals were 504 loans.
27 lenders made the FY2021 to FY2025 loans across 28 states; the most active were The Huntington National Bank (17), Live Oak Banking Company (11) and Horizon Bank (6).
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* | 9 | $4.7M | $519K | 0 | 113 |
| FY2025 | 13 | $6.9M | $528K | 1 | 308 |
| FY2024 | 13 | $4.6M | $351K | 0 | 238 |
| FY2023 | 13 | $5.1M | $390K | 1 | 156 |
| FY2022 | 17 | $4.1M | $244K | 0 | 233 |
| FY2021 | 23 | $10.5M | $458K | 0 | 523 |
| FY2020 | 15 | $4.5M | $301K | 0 | 149 |
| FY2019 | 66 | $18.1M | $274K | 0 | 727 |
| FY2018 | 56 | $11.3M | $202K | 0 | 602 |
| FY2017 | 53 | $9.3M | $175K | 0 | 374 |
| FY2016 | 10 | $2.4M | $240K | 0 | 98 |
SBA's franchise field lists the brand as "CLUB PILATES"; "Club Pilates". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Club Pilates | All SBA loans |
|---|---|---|
| Approvals in these years | 227 | 725,496 |
| Cancelled or never disbursed | 25 | 91,827 |
| Disbursed loans | 202 | 633,669 |
| Paid in full | 171 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 31 | 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 | 17 | $3.9M | 21.5% | |
| 2 | Live Oak Banking CompanyWilmington, NC | 11 | $6.2M | 13.9% | |
| 3 | Horizon BankMichigan City, IN | 6 | $2.3M | 7.6% | |
| 4 | The Bancorp Bank National AssociationSioux Falls, SD | 5 | $1.8M | 6.3% | |
| 5 | First Bank of the LakeOsage Beach, MO | 4 | $1.8M | 5.1% | |
| 6 | Wilmington Savings Fund Society FSBWilmington, DE | 3 | $1.2M | 3.8% | |
| 7 | Manufacturers and Traders Trust CompanyBuffalo, NY | 3 | $906K | 3.8% | |
| 8 | Simmons BankPine Bluff, AR | 3 | $820K | 3.8% | |
| 9 | Stearns Bank National AssociationSaint Cloud, MN | 3 | $720K | 3.8% | |
| 10 | Encore BankLittle Rock, AR | 2 | — | 2.5% | |
| 11 | JPMorgan Chase Bank, National AssociationColumbus, OH | 2 | — | 2.5% | |
| 12 | Newburyport Five Cents Savings BankNewburyport, MA | 2 | — | 2.5% | |
| 13 | United Community BankGreenville, SC | 2 | — | 2.5% | |
| 14 | Old National BankEvansville, IN | 2 | — | 2.5% | |
| 15 | TowneBankPortsmouth, VA | 1 | — | 1.3% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | California | 12 | 15.2% | |
| 2 | Michigan | 7 | 8.9% | |
| 3 | Ohio | 7 | 8.9% | |
| 4 | Texas | 6 | 7.6% | |
| 5 | New Hampshire | 4 | 5.1% | |
| 6 | Maryland | 4 | 5.1% | |
| 7 | Florida | 3 | 3.8% | |
| 8 | Tennessee | 3 | 3.8% | |
| 9 | Arkansas | 2 | 2.5% | |
| 10 | Illinois | 2 | 2.5% | |
| 11 | Virginia | 2 | 2.5% | |
| 12 | Utah | 2 | 2.5% | |
| 13 | New York | 2 | 2.5% | |
| 14 | New Jersey | 2 | 2.5% | |
| 15 | Delaware | 2 | 2.5% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Amusement and Recreation IndustriesNAICS 7139 | 71 | 89.9% | |
| 2 | Personal Care ServicesNAICS 8121 | 3 | 3.8% | |
| 3 | Other Personal ServicesNAICS 8129 | 2 | 2.5% | |
| 4 | Health and Personal Care StoresNAICS 4461 | 1 | 1.3% | |
| 5 | Restaurants and Other Eating PlacesNAICS 7225 | 1 | 1.3% |
Approval sizes
- $50,000 or less8.9%7
- $50,001 to $150,0003.8%3
- $150,001 to $350,00044.3%35
- $350,001 to $1 million38.0%30
- $1 million to $2 million5.1%4
Age of the businesses
- Existing, more than 2 years old15.2%12
- New business, 2 years or less8.9%7
- Startup, loan funds will open the business64.6%51
- Change of ownership11.4%9
Questions and answers
How many SBA loans go to Club Pilates franchises?
292 approvals since FY2015, worth $81.8M; 79 in FY2021 to FY2025.
Which lenders make SBA loans for Club Pilates franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (17), Live Oak Banking Company (11), Horizon Bank (6), The Bancorp Bank National Association (5), First Bank of the Lake (4).
How large is a typical SBA loan for a Club Pilates franchise?
The average approval in FY2021 to FY2025 was $395K.
What share of Club Pilates SBA loans are charged off?
Of 202 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 Club Pilates franchises rising?
Approvals in the three latest complete fiscal years total 39, against 55 in the three before: falling (-29%).
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