Manufacturers and Traders Trust Company Anytime Fitness SBA Loans in Virginia — 4 Funded
Virginia loan data 2014–2023 · Updated June 2026
Manufacturers and Traders Trust Company has funded 4 SBA loans to Anytime Fitness franchisees in Virginia, totaling $775K in approved financing across 3 cities and 2 congressional districts.
The average Anytime Fitness loan in Virginia from Manufacturers and Traders Trust Company is $194K at a 7.01% average interest rate, with terms averaging 86 months. The Virginia default rate is 50% based on 2 resolved loans — 14.3 points higher than Manufacturers and Traders Trust Company's national Anytime Fitness default rate of 35.7%. Virginia represents 21.1% of Manufacturers and Traders Trust Company's total Anytime Fitness lending nationally. These loans collectively support 34 Virginia jobs. SBA-guaranteed portion totals $488K (62.5% of approved volume).
How Virginia Compares to Manufacturers and Traders Trust Company's National Anytime Fitness Lending
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Manufacturers and Traders Trust Company Anytime Fitness Loan Performance in Virginia
Based on 4 SBA loans originated by Manufacturers and Traders Trust Company for Anytime Fitness franchisees with Virginia addresses, the Virginia-specific lending relationship spans 2014–2023. Of 2 resolved Virginia loans, 1 were paid in full and 1 resulted in chargeoffs.
The Virginia loan size range extends from $25K to $350K, indicating Manufacturers and Traders Trust Company funds both smaller single-unit Anytime Fitness operations and larger multi-unit or renovation projects in Virginia. Each loan supports an average of 9 jobs in the local economy, and the portfolio collectively supports 34 Virginia jobs. Most Virginia Anytime Fitness loans from Manufacturers and Traders Trust Company are classified under "Fitness and Recreational Sports Centers" (NAICS).
Recent activity: Manufacturers and Traders Trust Company has originated 0 Anytime Fitness Virginia loans in the last 2 fiscal years and 2 since fiscal year 2020. The most recent Anytime Fitness Virginia approval recorded is from FY2023. Note: lack of recent activity may indicate Manufacturers and Traders Trust Company has paused, slowed, or exited Anytime Fitness Virginia lending — borrowers should verify current appetite directly.
SBA guarantee profile: The SBA-guaranteed portion of Manufacturers and Traders Trust Company's Anytime Fitness Virginia loans averages 62.5% of approved volume, totaling $488K in federally-backed exposure. 7(a) loans typically carry a 75-85% guarantee, so a higher percentage suggests a smaller-loan/SBA Express mix; lower suggests larger PLP deals where the lender retains more risk.
The 50% Virginia default rate is above the SBA portfolio average. This may reflect local market conditions, the specific Virginia cities funded, or the economic cycle when these loans originated. Prospective borrowers should compare this to other Virginia lenders who have funded Anytime Fitness (shown below) and consider multiple options before committing.
SBA Programs Used for Anytime Fitness Loans in Virginia
| Program | Loans | Avg Size | Avg Rate | Avg Term |
|---|---|---|---|---|
| SBA 7A | 4 | $194K | 7.01% | 86 mo |
Anytime Fitness Loan Size Distribution from Manufacturers and Traders Trust Company in Virginia
How Manufacturers and Traders Trust Company's Anytime Fitness Virginia loan sizes break down by deal size. Useful for sizing your own deal: where do most Virginia Anytime Fitness approvals land?
| Loan Size Range | Loans | Avg Loan Size | % of Virginia Loans |
|---|---|---|---|
| Under $150K | 1 | $25K | 25% |
| $150K-$350K | 2 | $200K | 50% |
| $350K-$750K | 1 | $350K | 25% |
How Manufacturers and Traders Trust Company Originates Anytime Fitness Loans in Virginia
SBA delivery method matters: Preferred Lenders Program (PLP) closes 2-3 weeks faster than General Processing because the lender holds full credit authority. Manufacturers and Traders Trust Company uses 2 different Virginia delivery methods for Anytime Fitness:
| Delivery Method | Loans | Avg Loan Size |
|---|---|---|
| Small Loan Advantage Initiative | 2 | $200K |
| SBA Express Program | 2 | $188K |
Where in Virginia Manufacturers and Traders Trust Company Funds Anytime Fitness Locations
| City | Loans | Avg Loan Size | Total Volume | Default Rate |
|---|---|---|---|---|
| Stafford | 2 | $188K | $375K | 0% — Low Risk |
| Henrico | 1 | $200K | $200K | 100% — High Risk |
| Richmond | 1 | $200K | $200K | N/A |
Manufacturers and Traders Trust Company's strongest Anytime Fitness lending presence in Virginia is concentrated in Stafford (2 loans), Henrico (1 loans), Richmond (1 loans).
Manufacturers and Traders Trust Company Anytime Fitness Lending in Virginia Over Time
| Year | Loans | Avg Size | Total Volume | Avg Rate |
|---|---|---|---|---|
| 2023 | 2 | $188K | $375K | 9% |
| 2015 | 1 | $200K | $200K | 4.75% |
| 2014 | 1 | $200K | $200K | 5.3% |
Other Lenders That Fund Anytime Fitness in Virginia
Manufacturers and Traders Trust Company is not the only lender funding Anytime Fitness in Virginia. Compare 6 other banks who have originated Anytime Fitness SBA loans to Virginia borrowers.
| Lender | Virginia Loans | Avg Size | Default Rate |
|---|---|---|---|
| Manufacturers and Traders Trust Company (this page) | 4 | $194K | 50% — High Risk |
| Wells Fargo Bank National Association | 9 | $458K | 37.5% — High Risk |
| Live Oak Banking Company | 3 | $500K | N/A |
| Locus Bank Inc | 3 | $165K | 0% — Low Risk |
| Popular Bank | 2 | $146K | 0% — Low Risk |
| Southern Bank and Trust Company | 2 | $85K | 0% — Low Risk |
| The Huntington National Bank | 2 | $426K | N/A |
Other Franchises Manufacturers and Traders Trust Company Funds in Virginia
Manufacturers and Traders Trust Company is active in Virginia franchise lending beyond Anytime Fitness. Other Virginia franchise brands they have funded:
Manufacturers and Traders Trust Company Anytime Fitness Lending in Other States
Manufacturers and Traders Trust Company has also funded Anytime Fitness franchisees in 4 other states. View state-specific data:
How to Get an SBA Loan for a Anytime Fitness Franchise in Virginia
If you're considering a Anytime Fitness franchise in Virginia and want to finance through Manufacturers and Traders Trust Company or another SBA lender, here's what you need to know based on our analysis of 4 historical Virginia loans.
Verify Your Qualifications
Most SBA franchise loans require a 680+ credit score, 20-30% down payment, and relevant industry or management experience.Anytime Fitness's franchise fee and total investment determine minimum capital requirements.
Compare Virginia Lenders
7 lenders have funded Anytime Fitness in Virginia. Lenders with more local Anytime Fitness experience typically close faster because they understand both the brand and the local market. Compare rates, default rates, and city coverage above.
Get Pre-Qualified
PeerSense matches Virginia borrowers with lenders who have a proven track record funding Anytime Fitness in your state. No retainers — our referral fee is paid at closing. Get matched in 24 hours.
Expected loan terms based on Virginia historical data: The average Anytime Fitness SBA loan from Manufacturers and Traders Trust Company in Virginia is $194K with a 7.01% interest rate and a 86-month term.Virginia loan amounts range from $25K to $350K.
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