Cool Scoops Nww LLC
Cool Scoops Nww LLC is located in Wildwood, NJ, and the SBA lists its industry as All Other Specialty Food Retailers. It was approved for an SBA 7(a) loan of $1,855,000 for a change of ownership on July 14, 2026.
SBA 7(a) loan, change of ownership, approved Jul 14, 2026
- Gross approval
- $1,855,000
- SBA-guaranteed amount
- $1,391,250 (75% of the approval)
- Lender
- Firstrust Savings Bank, Conshohocken, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 14, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $15,886 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 445298, All Other Specialty Food Retailers
- Project location
- Cape May County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 76% of acquisition loans in All Other Specialty Food Retailers on this site.
- Average acquisition loan in All Other Specialty Food Retailers: $1,581,762.
- 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
- BK Food and Liquor LLC, Basking Ridge
- Michael's Salumeria LLC, Lyndhurst
- 44 AK Property Holding LLC, South Brunswick