SBA 7(a)/504 FOIA · FY1991–PRESENT · INDIANA
Powerhouse Gym franchise in Indiana: what the public record shows
Franchisees of Powerhouse Gym in Indiana have taken 5 SBA loans since 1991 (average $181,600)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 18.2% is the better guide.
Loans in IN
5
Resolved
3
Local charge-off
thin
National charge-off
18.2%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = IN. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor of 30 loans.
Businesses in this industry
689
statewide, all operators
Per 100k residents
10
national 11.9
Versus the country
-16%
thinner
Every business in Powerhouse Gym's industry operating in Indiana — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| System | Loans in IN | Local charge-off | Units in IN |
|---|---|---|---|
| ANYTIME FITNESS; ANYTIME FITNESS EXPRESS | 70 | 6.8% | — |
| Pure Barre | 19 | thin | — |
| Curves for Women | 16 | 21.4% | — |
| Planet Fitness | 10 | thin | 67 |
| Stretch Lab | 8 | thin | — |
| F45 Training | 7 | thin | — |
| I LOVE KICKBOXING | 7 | thin | — |
| Orangetheory | 6 | thin | — |
Same sector, same state, same public records — how Powerhouse Gym compares to the systems a buyer in Indiana would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
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