SBA Funding Profile: Stretch Labs
Stretch Labs, operating within the Fitness And Recreational Sports Centers sector in Virginia Beach, VA, recently secured a high-tier SBA 7(a) commercial loan. This funding highlights the strong capital availability for qualifying businesses in this region.
Loan Details & Terms
- 💰 Approval Amount: $800,000
- 🏦 Lending Institution: Live Oak Banking Company
- 🏢 Industry Sector: Fitness And Recreational Sports Centers
- 📈 Interest Rate: 9.5% (Variable)
- ⏳ Term Length: 120 months
- 👥 Jobs Supported: 16
- 🏢 Business Age: Change of Ownership
Is Your Business Eligible for Similar Funding?
Thousands of businesses leave capital on the table every year. You might qualify for up to $5,000,000 in SBA-backed funding with competitive rates.