Main Street Registry

Joe WC 1999 Inc

Trenton, NJ · Limited-Service Restaurants · NAICS 722513

Joe WC 1999 Inc is a business in Trenton, NJ, in the limited-service restaurants industry (NAICS 722513). It was financed with an SBA 7(a) loan for a change of ownership of $1,625,000, approved on November 13, 2025, by Port 51 Lending LLC.

SBA 7(a) loan, change of ownership, approved Nov 13, 2025

$1,625,000 approvedLender: Port 51 Lending LLC25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,625,000
SBA-guaranteed amount
$1,218,750 (75% of the approval)
Lender
Port 51 Lending LLC, New York, NY
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
25 years (300 months)
Estimated maturity
November 13, 2050 (estimated, approval date plus term)
Estimated monthly payment
$14,766 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 29, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
25
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Project location
Mercer County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-12
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 75% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in New Jersey