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City-backed loan for new Congress Street fitness center
Portland
Summary
A Portland Development Corporation loan is helping a regional fitness business buy 772 Congress Street and open a gym focused on adults 50 to 75. It's part of the city's small-business lending toolkit for downtown commercial spaces.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jul 16, 2026.
Impact analysis
💰Financial impact
The city is lending $125,000 at 7.675% interest over about 20.5 years, to be repaid by the borrower.
✅Who benefits
Spurling Holdings and clients ages 50-75 seeking small-group personal training downtown.
Mentions & discussions (1)
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