Main Street Registry

Great Rise LLC

Avenel, NJ · Full-Service Restaurants · NAICS 722511

Great Rise LLC is a full-service restaurant located in Avenel, New Jersey, operating under the Denny's franchise. The business was financed with an SBA 7(a) loan for a change of ownership of $2.73 million from Columbia Bank, approved on March 4, 2026.

SBA 7(a) loan, change of ownership, approved Mar 4, 2026

$2,730,000 approvedLender: Columbia Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,730,000
SBA-guaranteed amount
$2,047,500 (75% of the approval)
Lender
Columbia Bank, Fair Lawn, NJ
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
March 4, 2051 (estimated, approval date plus term)
Estimated monthly payment
$21,983 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 21, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Franchise
Denny's
Project location
Middlesex County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 90% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • 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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Same industry in New Jersey