SBA Ledger

Franchise brands › RedLine Athletics

Franchise brand68 approvals since FY2016

SBA loans to RedLine Athletics 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 68 loan approvals since FY2016 under the RedLine Athletics franchise brand, worth $21.3M; 30 of them came in FY2021 to FY2025.

In FY2025 there were 3. The average approval in the five-year window was $351K.

13 lenders made the FY2021 to FY2025 loans across 16 states; the most active were The Huntington National Bank (12), OMB Bank (4) and Manufacturers and Traders Trust Company (3).

Of loans approved in FY2010 to FY2021 and disbursed, SBA records 25.8% 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.

68approvals since FY2016$21.3M
30approvals, FY2021–FY2025FY2025: 3
$351Kaverage approval, FY2021–FY2025all SBA loans: $573K
13lenders, FY2021–FY202516 states
25.8%loans approved FY2010–FY2021 charged offall SBA loans: 6.0%

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 yearApprovalsDollars approvedAverage approvalof which 504Jobs supported, as reported
FY2026*8$2.1M$263K041
FY20253$1.1M$360K020
FY20244$1.0M$254K026
FY202312$4.1M$338K0136
FY20225$1.9M$385K052
FY20216$2.5M$411K040
FY20206$2.1M$354K048
FY20198$2.4M$303K062
FY201811$2.7M$248K068
FY20174$1.2M$292K025
FY20161——014

SBA's franchise field lists the brand as "RedLine Athletics"; "Redline Athletics". Codes SBA has used for the same brand name are added together.

Charge-off cohort rate

RedLine Athletics franchises25.8%
All SBA 7(a) and 504 loans6.0%
Share of disbursed loans approved FY2010–FY2021 that SBA records as charged off. A brand's rate reflects when and where its franchise owners borrowed and how much, as well as the brand.
Loans approved FY2010–FY2021RedLine AthleticsAll SBA loans
Approvals in these years36725,496
Cancelled or never disbursed591,827
Disbursed loans31633,669
Paid in full16471,304
Charged off837,796
Still outstanding (status exempt from disclosure)7124,569
Charged off, share of disbursed loans25.8%6.0%
Dollars charged off, share of disbursed dollars21.5%2.2%
Dollars charged off$2.1M$6.20bn

Lenders

#Lender, FY2021–FY2025ApprovalsDollarsShare
1The Huntington National BankColumbus, OH12$3.6M40.0%
2OMB BankSpringfield, MO4$1.4M13.3%
3Manufacturers and Traders Trust CompanyBuffalo, NY3$135K10.0%
4Citizens BankElizabethton, TN2—6.7%
5Merchants Bank of IndianaCarmel, IN1—3.3%
6Heritage BankOlympia, WA1—3.3%
7Magnifi Financial CUMelrose, MN1—3.3%
8Live Oak Banking CompanyWilmington, NC1—3.3%
9Community Banks of Colorado, A Division of NBH BankGreenwood Village, CO1—3.3%
10Fifth Third BankCincinnati, OH1—3.3%
11The Bancorp Bank National AssociationSioux Falls, SD1—3.3%
12Celtic Bank CorporationSalt Lake City, UT1—3.3%
13Pinnacle BankNashville, TN1—3.3%

States

#State of the business, FY2021–FY2025ApprovalsShare
1Colorado310.0%
2Texas310.0%
3California310.0%
4Maryland310.0%
5Oklahoma26.7%
6North Carolina26.7%
7Minnesota26.7%
8Arkansas26.7%
9Missouri26.7%
10South Carolina26.7%
11Washington13.3%
12Nebraska13.3%
13Georgia13.3%
14Idaho13.3%
15Florida13.3%

Filed under

#Industry groupApprovalsShare
1Other Amusement and Recreation IndustriesNAICS 71392480.0%
2Other Schools and InstructionNAICS 6116620.0%

Approval sizes

Age of the businesses

Questions and answers

How many SBA loans go to RedLine Athletics franchises?

68 approvals since FY2016, worth $21.3M; 30 in FY2021 to FY2025.

Which lenders make SBA loans for RedLine Athletics franchises?

By approvals in FY2021 to FY2025: The Huntington National Bank (12), OMB Bank (4), Manufacturers and Traders Trust Company (3), Citizens Bank (2), Merchants Bank of Indiana (1).

How large is a typical SBA loan for a RedLine Athletics franchise?

The average approval in FY2021 to FY2025 was $351K.

What share of RedLine Athletics SBA loans are charged off?

Of 31 disbursed loans approved in FY2010 to FY2021, 8 (25.8%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.

Are SBA loans to RedLine Athletics franchises rising?

Approvals in the three latest complete fiscal years total 19, against 17 in the three before: rising (+12%).

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