ASA Ventures LLC
ASA Ventures LLC is located in Bordentown, NJ, and the SBA lists its industry as Full-Service Restaurants. It was approved for an SBA 7(a) loan of $1,770,000 for a change of ownership on March 5, 2026.
SBA 7(a) loan, change of ownership, approved Mar 5, 2026
- Gross approval
- $1,770,000
- SBA-guaranteed amount
- $1,327,500 (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 5, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $14,253 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
- Burlington County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 79% 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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