Escape Newport, LLC
Escape Newport, LLC is a business in Mountain Lakes, New Jersey, in the All Other Amusement and Recreation Industries category (NAICS 713990). The company was financed with an SBA 7(a) loan for a change of ownership of $3.9 million, approved by Fifth Third Bank on January 29, 2026.
SBA 7(a) loan, change of ownership, approved Jan 29, 2026
- Gross approval
- $3,901,000
- SBA-guaranteed amount
- $2,925,750 (75% of the approval)
- Lender
- Fifth Third Bank, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- January 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $49,946 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 1, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 713990, All Other Amusement and Recreation Industries
- Project location
- Morris County, NJ
- SBA district office
- Kentucky District Office
- Congressional district
- NJ-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 94% of acquisition loans in All Other Amusement and Recreation Industries on this site.
- Average acquisition loan in All Other Amusement and Recreation Industries: $1,649,888.
- Average acquisition loan in New Jersey: $1,626,307.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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