# StretchLab Long Island City, LONG ISLAND CITY NY: $682,000 SBA 7(a) loan approved 2026-01-02

**Fresh Capital Score:** 65/100

| Field | Value |
|---|---|
| Business | StretchLab Long Island City |
| Location | LONG ISLAND CITY, NY, 11101 |
| County | QUEENS |
| Program | SBA 7(a) |
| Gross approval | $682,000 |
| SBA guaranteed | $511,500 |
| Approved | 2026-01-02 |
| Lender | First Bank of the Lake |
| Term (months) | 132 |
| Industry | Fitness and Recreational Sports Centers |
| NAICS | 713940 |
| Franchise | Stretch Lab |
| Business type | CORPORATION |
| Business age | Startup, Loan Funds will Open Business |
| Jobs supported | 22 |

## Why this score
- Approval of $500K or more.
- New business: still buying services and equipment.
- Franchise (Stretch Lab).
- 22 jobs supported.

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.