Franchise brand101 approvals since FY2017

SBA loans to The Exercise Coach 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 101 loan approvals since FY2017 under the The Exercise Coach franchise brand, worth $18.5M; 58 of them came in FY2021 to FY2025.

In FY2025 there were 5. The average approval in the five-year window was $184K.

20 lenders made the FY2021 to FY2025 loans across 18 states; the most active were The Huntington National Bank (32), Citizens Bank (3) and CIBC Bank USA (2).

Of loans approved in FY2010 to FY2021 and disbursed, SBA records 4.2% 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.

101approvals since FY2017$18.5M

58approvals, FY2021–FY2025FY2025: 5

$184Kaverage approval, FY2021–FY2025all SBA loans: $573K

20lenders, FY2021–FY202518 states

4.2%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 year	Approvals	Dollars approved	Average approval	Jobs supported, as reported
FY2026*	3	$738K	$246K	16
FY2025	5	$618K	$124K	35
FY2024	5	$784K	$157K	42
FY2023	22	$3.6M	$164K	181
FY2022	12	$2.2M	$180K	86
FY2021	14	$3.5M	$249K	96
FY2020	18	$3.5M	$192K	96
FY2019	19	$3.2M	$166K	89
FY2018	2	—	—	11
FY2017	1	—	—	6
FY2016	0	—	—	0

SBA's franchise field lists the brand as "The Exercise Coach". Codes SBA has used for the same brand name are added together.

Charge-off cohort rate

The Exercise Coach franchises4.2%

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–FY2021	The Exercise Coach	All SBA loans
Approvals in these years	54	725,496
Cancelled or never disbursed	6	91,827
Disbursed loans	48	633,669
Paid in full	23	471,304
Charged off	2	37,796
Still outstanding (status exempt from disclosure)	23	124,569
Charged off, share of disbursed loans	4.2%	6.0%
Dollars charged off, share of disbursed dollars	2.1%	2.2%
Dollars charged off	$205K	$6.20bn

Lenders

#	Lender, FY2021–FY2025	Approvals	Dollars	Share
1	The Huntington National BankColumbus, OH	32	$5.1M	55.2%
2	Citizens BankElizabethton, TN	3	$884K	5.2%
3	CIBC Bank USAChicago, IL	2	—	3.4%
4	Newtek Bank, National AssociationMiami, FL	2	—	3.4%
5	Community Trust Bank, Inc.Pikeville, KY	2	—	3.4%
6	Republic Bank & Trust CompanyLouisville, KY	2	—	3.4%
7	BayFirst National BankSaint Petersburg, FL	2	—	3.4%
8	TowneBankPortsmouth, VA	1	—	1.7%
9	SouthState Bank, National AssociationWinter Haven, FL	1	—	1.7%
10	The Bank of HoustonHouston, MO	1	—	1.7%
11	United Community BankGreenville, SC	1	—	1.7%
12	Univest Bank and Trust CoSouderton, PA	1	—	1.7%
13	First Central State BankDe Witt, IA	1	—	1.7%
14	Wells Fargo Bank National AssociationSioux Falls, SD	1	—	1.7%
15	Newtek Small Business Finance, Inc.Lake Success, NY	1	—	1.7%

States

#	State of the business, FY2021–FY2025	Approvals	Share
1	California	11	19.0%
2	Texas	8	13.8%
3	Missouri	7	12.1%
4	Virginia	4	6.9%
5	Kentucky	4	6.9%
6	Pennsylvania	3	5.2%
7	Arizona	2	3.4%
8	Colorado	2	3.4%
9	Nevada	2	3.4%
10	New Mexico	2	3.4%
11	Georgia	2	3.4%
12	Florida	2	3.4%
13	Tennessee	2	3.4%
14	Michigan	2	3.4%
15	Illinois	2	3.4%

Filed under

#	Industry group	Approvals	Share
1	Other Amusement and Recreation IndustriesNAICS 7139	46	79.3%
2	Other Schools and InstructionNAICS 6116	6	10.3%
3	Other Personal ServicesNAICS 8129	4	6.9%
4	Business, Professional, Labor, Political, and Similar OrganizationsNAICS 8139	2	3.4%

Approval sizes

$50,000 or less31.0%18
$50,001 to $150,0006.9%4
$150,001 to $350,00058.6%34
$350,001 to $1 million3.4%2

Age of the businesses

Existing, more than 2 years old10.3%6
New business, 2 years or less6.9%4
Startup, loan funds will open the business81.0%47
Change of ownership1.7%1

Questions and answers

How many SBA loans go to The Exercise Coach franchises?

101 approvals since FY2017, worth $18.5M; 58 in FY2021 to FY2025.

Which lenders make SBA loans for The Exercise Coach franchises?

By approvals in FY2021 to FY2025: The Huntington National Bank (32), Citizens Bank (3), CIBC Bank USA (2), Newtek Bank, National Association (2), Community Trust Bank, Inc. (2).

How large is a typical SBA loan for a The Exercise Coach franchise?

The average approval in FY2021 to FY2025 was $184K.

What share of The Exercise Coach SBA loans are charged off?

Of 48 disbursed loans approved in FY2010 to FY2021, 2 (4.2%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.

Are SBA loans to The Exercise Coach franchises rising?

Approvals in the three latest complete fiscal years total 32, against 44 in the three before: falling (-27%).

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