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Health & Well-Being

40 Forty Padel

40 Forty Padel is expanding access to padel as a low-barrier recreational sport that supports physical activity, connection, and intergenerational community building.
Catalytic Fund Loan
SDG 3 | SDG 8
Greenville, South Carolina

$420K

deployed
CAPITAL DEPLOYED

180

units
units created

620+

people
people housed

2024

year
investment year

The Investment

40 Forty Padel is a Greenville-based community wellness and recreation enterprise focused on expanding access to padel, a social racket sport that supports physical activity, connection, and intergenerational participation. The company’s model is built around a sport with a relatively low barrier to entry, creating opportunities for people of all ages and ability levels to participate in movement, recreation, and community building. As a local business, 40 Forty Padel also contributes to Greenville’s growing wellness and recreation economy.

In 2025, the Upstate Warrior Solution Catalytic Fund recommended a $25,000 loan through Abundance Capital to support 40 Forty Padel’s launch and growth. The agreement also includes quarterly advisory engagement with Upstate Warrior Solution, pairing capital with ongoing accountability, mentorship, and connection to the broader veteran support ecosystem. The investment reflects the role catalytic fund lending can play in supporting local businesses that contribute to health, social connection, and community-based wellness.

Impact Metrics

180 units

Affordable housing units created and preserved

620+ residents

Low-income residents housed with stable, affordable rent

$2.1M leveraged

Additional capital mobilized from public and philanthropic sources

SDG Alignment

3
SDG 3: Good Health and Well-Being
8
SDG 8: Decent Work and Economic Growth

Investment Details

Type
Catalytic Fund Loan
Amount
$25,000
Impact Pillar
Health & Well-Being
Status
Deployed
Location
Greenville, South Carolina

About the Organization

40 Forty Padel is Upstate South Carolina’s first dedicated padel club, founded by Army veteran Dan Fitzgerald. Based in Mauldin, the club offers two outdoor panoramic courts, lessons, social events, and a café, creating a community-centered sports destination accessible to players of all ages and skill levels.

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