# The Hive Athletic Training and Event Center, LLC, Decatur AL: $507,000 SBA 504 loan approved 2026-06-22

**Fresh Capital Score:** 50/100

| Field | Value |
|---|---|
| Business | The Hive Athletic Training and Event Center, LLC |
| Location | Decatur, AL, 35603 |
| County | MORGAN |
| Program | SBA 504 |
| Gross approval | $507,000 |
| Approved | 2026-06-22 |
| Lender | Birmingham Citywide Local Development Company |
| Third-party lender | Merit Bank |
| Term (months) | 300 |
| Industry | Promoters of Performing Arts, Sports, and Similar Events with Facilities |
| NAICS | 711310 |
| Business type | CORPORATION |
| Business age | Startup, Loan Funds will Open Business |
| Jobs supported | 12 |

## Why this score
- Approval of $500K or more.
- New business: still buying services and equipment.

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.