Bank of America, National Association World Gym SBA Loans in Massachusetts — 4 Funded
Massachusetts loan data 2001–2001 · Updated April 2026
Bank of America, National Association has funded 4 SBA loans to World Gym franchisees in Massachusetts, totaling $400K in approved financing across 2 cities.
The average World Gym loan in Massachusetts from Bank of America, National Association is $100K, with terms averaging 54 months. The Massachusetts default rate is 0% based on 4 resolved loans — 16.7 points lower than Bank of America, National Association's national World Gym default rate of 16.7%. Massachusetts represents 66.7% of Bank of America, National Association's total World Gym lending nationally.
How Massachusetts Compares to Bank of America, National Association's National World Gym Lending
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Bank of America, National Association is one of 2+ lenders who have funded World Gym in Massachusetts. We can help you compare options and connect with lenders experienced in this brand and state — no retainers, referral fee at closing.
Bank of America, National Association World Gym Loan Performance in Massachusetts
Based on 4 SBA loans originated by Bank of America, National Association for World Gym franchisees with Massachusetts addresses, the Massachusetts-specific lending relationship spans 2001–2001. Of 4 resolved Massachusetts loans, 4 were paid in full and 0 resulted in chargeoffs.
The Massachusetts loan size range extends from $19K to $250K, indicating Bank of America, National Association funds both smaller single-unit World Gym operations and larger multi-unit or renovation projects in Massachusetts. Each loan supports an average of 4 jobs in the local economy.
The 0% Massachusetts default rate is a strong indicator of loan quality. This suggestsBank of America, National Association has effective underwriting standards for World Gym deals in Massachusetts and/or Massachusetts World Gym franchisees have strong unit economics that support debt service. For prospective Massachusetts borrowers, this is an encouraging signal — Bank of America, National Associationunderstands the World Gym business model in this market and has a track record of successful outcomes here.
SBA Programs Used for World Gym Loans in Massachusetts
| Program | Loans | Avg Size | Avg Rate | Avg Term |
|---|---|---|---|---|
| SBA 7A | 4 | $100K | N/A | 54 mo |
Where in Massachusetts Bank of America, National Association Funds World Gym Locations
| City | Loans | Avg Loan Size | Total Volume | Default Rate |
|---|---|---|---|---|
| Mashpee (Mashpee Center) | 2 | $50K | $100K | 0% — Low Risk |
| Tewksbury | 2 | $150K | $300K | 0% — Low Risk |
Bank of America, National Association's strongest World Gym lending presence in Massachusetts is concentrated in Mashpee (Mashpee Center) (2 loans), Tewksbury (2 loans).
Bank of America, National Association World Gym Lending in Massachusetts Over Time
| Year | Loans | Avg Size | Total Volume | Avg Rate |
|---|---|---|---|---|
| 2002 | 2 | $150K | $300K | — |
| 2001 | 2 | $50K | $100K | — |
Other Lenders That Fund World Gym in Massachusetts
Bank of America, National Association is not the only lender funding World Gym in Massachusetts. Compare 1 other banks who have originated World Gym SBA loans to Massachusetts borrowers.
| Lender | Massachusetts Loans | Avg Size | Default Rate |
|---|---|---|---|
| Bank of America, National Association (this page) | 4 | $100K | 0% — Low Risk |
| Santander Bank, National Association | 2 | $369K | 0% — Low Risk |
Other Franchises Bank of America, National Association Funds in Massachusetts
Bank of America, National Association is active in Massachusetts franchise lending beyond World Gym. Other Massachusetts franchise brands they have funded:
How to Get an SBA Loan for a World Gym Franchise in Massachusetts
If you're considering a World Gym franchise in Massachusetts and want to finance through Bank of America, National Association or another SBA lender, here's what you need to know based on our analysis of 4 historical Massachusetts loans.
Verify Your Qualifications
Most SBA franchise loans require a 680+ credit score, 20-30% down payment, and relevant industry or management experience.World Gym's franchise fee and total investment determine minimum capital requirements.
Compare Massachusetts Lenders
2 lenders have funded World Gym in Massachusetts. Lenders with more local World Gym 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 Massachusetts borrowers with lenders who have a proven track record funding World Gym in your state. No retainers — our referral fee is paid at closing. Get matched in 24 hours.
Expected loan terms based on Massachusetts historical data: The average World Gym SBA loan from Bank of America, National Association in Massachusetts is $100K with a 54-month term.Massachusetts loan amounts range from $19K to $250K.
Ready to Fund Your World Gym Franchise in Massachusetts?
We connect you with lenders who have already funded World Gym in Massachusetts — so you can compare terms and close with confidence. No retainers. Referral fee paid at closing.