Main Street Registry

Beenies Ice Cream LLC

Town of Morristown, NJ · Limited-Service Restaurants · NAICS 722513

Beenies Ice Cream LLC is a limited-service restaurant located in the Town of Morristown, New Jersey, in the limited-service restaurants industry. The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,153,000, approved on July 27, 2026, through Trenton Business Assistance Corporation with Peapack Private Bank and Trust as the partner lender.

SBA 504 loan, approved Jul 27, 2026

$1,153,000 SBA portionCDC: Trenton Business Assistance Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,153,000
Bank portion
$1,400,000
Estimated project size
$2,836,667 (estimated)
Estimated owner equity
$283,667 (estimated, about 10% of the project)
Bank lender
Peapack Private Bank and Trust, Bedminster, NJ
CDC
Trenton Business Assistance Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
July 27, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
18
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Project location
Morris County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-7
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 26% of expansion loans in Limited-Service Restaurants on this site.
  • Average expansion loan in Limited-Service Restaurants: $1,507,672.
  • Average expansion loan in New Jersey: $2,533,058.

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